| CECIL BANCORP, INC.                                    |
|--------------------------------------------------------|
| (Exact name of Registrant as specified in its charter) |

| Maryland                                                      |   | 52-1883546                           |
|---------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction ofIncorporation or organization) |   | (I.R.S. Employer Identification No.) |

| 127 North Street, Elkton, Maryland       |   | 21921      |   |
|------------------------------------------|--------|------------|--------|
| (Address of principal executive offices) |   | (Zip Code) |   |

| (410) 398-1650                                             |
|------------------------------------------------------------|
| (Registrant’s telephone number, including area code) |

|   | Large accelerated filer o |   | Accelerated filer o         |
|--------|---------------------------|--------|-----------------------------|
|   | Non-accelerated filer o   |   | Smaller reporting company x |

----

|                              |                                                                  | PAGE   |
|-----------------------------------|-----------------------------------------------------------------------|--------|
| PART I - FINANCIAL INFORMATION    |                                                                  |   |
|                              |                                                                  |   |
| ITEM 1.                           | Financial Statements (unaudited)                                      |   |   |
|                              |                                                                  |   |   |
|                              | Consolidated Balance Sheets -                                         |   | 3 |
|                              | September 30, 2010 and December 31, 2009                              |   |   |
|                              |                                                                  |   |   |
|                              | Consolidated Statements of Operations and Comprehensive Income (Loss) |   | 4-5 |
|                              | for the Three and Nine Months Ended September 30, 2010 and 2009       |   |   |
|                              |                                                                  |   |   |
|                              | Consolidated Statements of Cash Flows                                 |   | 6 |
|                              | for the Nine Months Ended September 30, 2010 and 2009                 |   |   |
|                              |                                                                  |   |   |
|                              | Notes to Consolidated Financial Statements                            |   | 7-13 |
|                              |                                                                  |   |   |
| ITEM 2.                           | Management’s Discussion and Analysis of Financial Condition     |   | 14-22 |
|                              | and Results of Operations                                             |   |   |
|                              |                                                                  |   |
| ITEM 3.                           | Quantitative and Qualitative Disclosure About Market Risk             |   | 22 |
|                              |                                                                  |   |
| ITEM 4.                           | Controls and Procedures                                               |   | 22 |
|                              |                                                                  |   |
| PART II – OTHER INFORMATION |                                                                  | 22-23  |
|                              |                                                                  |   |
| SIGNATURES                        |                                                                  | 24     |
|                              |                                                                  |   |
| CERTIFICATIONS                    |                                                                  |   |
|                              |                                                                  |   |

----

|                                                                                       |   | September 30 |    |   | December 31, |   |
|--------------------------------------------------------------------------------------------|--------|--------------|---------|--------|--------------|--------|
|                                                                                       |   | 2010         |    |   | 2009         |   |
|                                                                                       |   | (Unaudited)  |    |   |         |   |
| ASSETS:                                                                                    |   |         |    |   |         |   |
| Cash and due from banks                                                                    |   | $            | 17,180  |   |         | $      | 8,897 |   |
| Interest bearing deposits with banks                                                       |   |         | 23,059  |   |         |   | 26,479 |   |
| Federal funds sold                                                                         |   |         | 199     |   |         |   | 88 |   |
|     Total cash and cash equivalents                                    |   |         | 40,438  |   |         |   | 35,464 |   |
| Investment securities:                                                                     |   |         |    |   |         |   |   |   |
|     Securities available-for-sale at fair value                        |   |         | 1,783   |   |         |   | 1,714 |   |
|     Securities held-to-maturity (fair value of $7,193                  |   |         |    |   |         |   |   |   |
|      in 2010 and $4,627 in 2009)                                  |   |         | 7,253   |   |         |   | 4,699 |   |
| Restricted investment securities – at cost                                           |   |         | 4,385   |   |         |   | 4,396 |   |
| Loans receivable                                                                           |   |         | 404,904 |   |         |   | 438,398 |   |
|     Less: allowance for loan losses                                    |   |         | (13,449 | )      |         |   | (14,351 | ) |
|      Net loans receivable                                         |   |         | 391,455 |   |         |   | 424,047 |   |
| Other real estate owned                                                                    |   |         | 11,792  |   |         |   | 4,594 |   |
| Premises and equipment, net                                                                |   |         | 11,686  |   |         |   | 11,910 |   |
| Accrued interest receivable                                                                |   |         | 1,896   |   |         |   | 2,025 |   |
| Other intangible assets                                                                    |   |         | 439     |   |         |   | 407 |   |
| Bank owned life insurance                                                                  |   |         | 8,015   |   |         |   | 7,871 |   |
| Deferred tax assets                                                                        |   |         | 8,869   |   |         |   | 8,899 |   |
| Other assets                                                                               |   |         | 4,501   |   |         |   | 3,793 |   |
|        TOTAL ASSETS                                     |   | $            | 492,512 |   |         | $      | 509,819 |   |
|                                                                                       |   |         |    |   |         |   |   |   |
| LIABILITIES:                                                                               |   |         |    |   |         |   |   |   |
| Deposits                                                                                   |   | $            | 363,029 |   |         | $      | 382,338 |   |
| Other liabilities                                                                          |   |         | 9,141   |   |         |   | 9,859 |   |
| Junior subordinated debentures                                                             |   |         | 17,000  |   |         |   | 17,000 |   |
| Advances from Federal Home Loan Bank of Atlanta                                            |   |         | 63,571  |   |         |   | 63,643 |   |
| Other borrowed funds                                                                       |   |         | 1,169   |   |         |   | - |   |
|        Total liabilities                                |   |         | 453,910 |   |         |   | 472,840 |   |
|                                                                                       |   |         |    |   |         |   |   |   |
| STOCKHOLDERS’ EQUITY:                                                                |   |         |    |   |         |   |   |   |
| Preferred stock, $.01 par value; authorized 1,000,000                                      |   |         |    |   |         |   |   |   |
|   shares, issued and outstanding 11,560 shares, liquidation                      |   |         |    |   |         |   |   |   |
|   preference $1,000 per share, in 2010 and 2009                                  |   |         | 11,019  |   |         |   | 10,916 |   |
| Common stock, $.01 par value; authorized 10,000,000                                        |   |         |    |   |         |   |   |   |
|   shares, issued and outstanding 3,697,523 shares in                             |   |         |    |   |         |   |   |   |
|   2010 and 3,689,346 shares in 2009                                              |   |         | 37      |   |         |   | 37 |   |
| Additional paid in capital                                                                 |   |         | 12,279  |   |         |   | 12,252 |   |
| Retained earnings                                                                          |   |         | 15,238  |   |         |   | 13,791 |   |
| Accumulated other comprehensive income (loss)                                              |   |         | 29      |   |         |   | (17 | ) |
|        Total stockholders’ equity                 |   |         | 38,602  |   |         |   | 36,979 |   |
|        TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |   | $            | 492,512 |   |         | $      | 509,819 |   |

----

|                                               |   | Three Months Ended |        |   | Nine Months Ended |   |
|----------------------------------------------------|--------|--------------------|-------------|--------|-------------------|--------|
|                                               |   | September 30,      |        |   | September 30,     |   |
|                                               |   | 2010               |        |   | 2009              |   |   | 2010 |   |   | 2009 |   |
| INTEREST INCOME:                                   |   |               |        |   |              |   |   |   |   |   |   |   |
| Interest and fees on loans                         |   | $                  | 6,903       |   |              | $      | 7,685 |   |   | $ | 21,043 |   |   | $ | 22,588 |   |
| Interest on investment securities                  |   |               | 59          |   |              |   | 24 |   |   |   | 177 |   |   |   | 110 |   |
| Dividends on FHLB and FRB stock                    |   |               | 14          |   |              |   | 18 |   |   |   | 38 |   |   |   | 30 |   |
| Other interest income                              |   |               | 15          |   |              |   | 11 |   |   |   | 38 |   |   |   |  31 |   |
| Total interest income                              |   |               | 6,991       |   |              |   | 7,738 |   |   |   | 21,296 |   |   |   | 22,759 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| INTEREST EXPENSE:                                  |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense on deposits                       |   |               | 1,580       |   |              |   | 2,191 |   |   |   | 5,279 |   |   |   | 6,815 |   |
| Interest expense on junior subordinated debentures |   |               | 290         |   |              |   | 282 |   |   |   | 849 |   |   |   | 838 |   |
| Interest expense on federal funds purchased        |   |               | -           |   |              |   | - |   |   |   | - |   |   |   | 1 |   |
| Interest expense on advances from FHLB             |   |               | 621         |   |              |   | 622 |   |   |   | 1,844 |   |   |   | 1,848 |   |
| Interest expense on other borrowed funds           |   |               | 15          |   |              |   | - |   |   |   | 28 |   |   |   | - |   |
| Total interest expense                             |   |               |  2,506 |   |              |   | 3,095 |   |   |   | 8,000 |   |   |   | 9,502 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INTEREST INCOME                                |   |               | 4,485       |   |              |   | 4,643 |   |   |   | 13,296 |   |   |   | 13,257 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION FOR LOAN LOSSES                          |   |               | 960         |   |              |   | 6,460 |   |   |   | 3,230 |   |   |   | 10,280 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INTEREST INCOME AFTER                          |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION FOR LOAN LOSSES                          |   |               | 3,525       |   |              |   | (1,817 | ) |   |   | 10,066 |   |   |   | 2,977 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NONINTEREST INCOME:                                |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Deposit account fees                               |   |               | 149         |   |              |   | 186 |   |   |   | 457 |   |   |   | 497 |   |
| ATM fees                                           |   |               | 112         |   |              |   | 103 |   |   |   | 326 |   |   |   | 299 |   |
| Commission income                                  |   |               | -           |   |              |   | 2 |   |   |   | 2 |   |   |   | 7 |   |
| Gain on sale of loans                              |   |               | 90          |   |              |   | 305 |   |   |   | 159 |   |   |   | 427 |   |
| Gain on sale of other real estate owned            |   |               | -           |   |              |   | 12 |   |   |   | 185 |   |   |   | 151 |   |
| Income from bank owned life insurance              |   |               | 61          |   |              |   | 46 |   |   |   | 144 |   |   |   | 32 |   |
| Other                                              |   |               | 82          |   |              |   | 63 |   |   |   | 247 |   |   |   |  171 |   |
| Total noninterest income                           |   |               | 494         |   |              |   | 717 |   |   |   | 1,520 |   |   |   | 1,584 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NONINTEREST EXPENSE:                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and employee benefits                     |   |               | 1,360       |   |              |   | 1,463 |   |   |   | 4,179 |   |   |   | 4,667 |   |
| Occupancy expense                                  |   |               | 176         |   |              |   | 161 |   |   |   | 570 |   |   |   | 527 |   |
| Equipment and data processing expense              |   |               | 321         |   |              |   | 298 |   |   |   | 960 |   |   |   | 921 |   |
| FDIC deposit insurance premiums                    |   |               | 157         |   |              |   | 170 |   |   |   | 465 |   |   |   | 652 |   |
| Other                                              |   |               | 942         |   |              |   | 523 |   |   |   | 2,168 |   |   |   | 1,507 |   |
| Total noninterest expense                          |   |               | 2,956       |   |              |   | 2,615 |   |   |   | 8,342 |   |   |   | 8,274 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS) BEFORE INCOME TAXES              |   |               | 1,063       |   |              |   | (3,715 | ) |   |   | 3,244 |   |   |   | (3,713 | ) |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| INCOME TAX (EXPENSE) BENEFIT                       |   |               | (408        | )      |              |   | 1,496 |   |   |   | (1,260 | ) |   |   | 1,470 |   |
|                                               |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS)                                  |   | $                  | 655         |   |              | $      | (2,219 | ) |   | $ | 1,984 |   |   | $ | (2,243 | ) |

----

|                                       |   | Three Months Ended |   |   | Nine Months Ended |   |
|--------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                       |   | September 30,      |   |   | September 30,     |   |
|                                       |   | 2010               |   |   | 2009              |   |   | 2010 |   |   | 2009 |   |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |
| NET INCOME (LOSS)                          |   | $                  | 655    |   |              | $      | (2,219 | ) |   | $ | 1,984 |   |   | $ | (2,243 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| OTHER COMPREHENSIVE INCOME                 |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized gains (losses) on               |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| investment securities,                     |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| net of deferred taxes                      |   |               | 22     |   |              |   | 38 |   |   |   | 46 |   |   |   | (6 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL COMPREHENSIVE INCOME (LOSS)          |   | $                  | 677    |   |              | $      | (2,181 | ) |   | $ | 2,030 |   |   | $ | (2,249 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS)                          |   | $                  | 655    |   |              | $      | (2,219 | ) |   | $ | 1,984 |   |   | $ | (2,243 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| PREFERRED STOCK DIVIDENDS                  |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| AND DISCOUNT ACCRETION                     |   |               | (179   | )      |              |   | (177 | ) |   |   | (537 | ) |   |   | (614 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS) AVAILABLE TO             |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| COMMON STOCKHOLDERS                        |   | $                  | 476    |   |              | $      | (2,396 | ) |   | $ | 1,447 |   |   | $ | (2,857 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Earnings (loss) per common share - basic   |   | $                  | 0.13   |   |              | $      | (0.65 | ) |   | $ | 0.39 |   |   | $ | (0.77 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Earnings (loss) per common share - diluted |   | $                  | 0.13   |   |              | $      | (0.65 | ) |   | $ | 0.39 |   |   | $ | (0.77 | ) |
|                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Dividends declared per common share        |   | $                  | 0.000  |   |              | $      | 0.025 |   |   | $ | 0.000 |   |   | $ | 0.075 |   |

----

|                                                             |   | 2010   |    |   | 2009   |   |
|------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                             |   |   |    |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                            |   |   |    |   |   |   |
| Net income (loss)                                                |   | $      | 1,984   |   |   | $      | (2,243 | ) |
| Adjustments to reconcile net income (loss) to net cash           |   |   |    |   |   |   |   |   |
| provided by operating activities:                                |   |   |    |   |   |   |   |   |
| Depreciation and amortization                                    |   |   | 472     |   |   |   | 424 |   |
| Provision for loan losses                                        |   |   | 3,230   |   |   |   | 10,280 |   |
| Gain on sale of loans                                            |   |   | (159    | )      |   |   | (427 | ) |
| Gain on sale of other real estate owned                          |   |   | (185    | )      |   |   | (151 | ) |
| Income from bank owned life insurance                            |   |   | (144    | )      |   |   | (32 | ) |
| Restricted stock awards                                          |   |   | 5       |   |   |   | - |   |
| Excess servicing rights                                          |   |   | (69     | )      |   |   | (166 | ) |
| Origination of loans held for sale                               |   |   | (10,130 | )      |   |   | (14,295 | ) |
| Proceeds from sales of loans held for sale                       |   |   | 10,272  |   |   |   | 14,339 |   |
| Net change in:                                                   |   |   |    |   |   |   |   |   |
| Accrued interest receivable and other assets                     |   |   | (118    | )      |   |   | (2,174 | ) |
| Other liabilities                                                |   |   | (1,152  | )      |   |   | 1,184 |   |
| Net cash provided by operating activities                        |   |   | 4,006   |   |   |   | 6,739 |   |
|                                                             |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                            |   |   |    |   |   |   |   |   |
| Purchases of investment securities held-to-maturity              |   |   | (5,492  | )      |   |   | (749 | ) |
| Net redemption (purchase) of restricted investment securities    |   |   | 11      |   |   |   | (479 | ) |
| Proceeds from sales, maturities, calls and principal payments of |   |   |    |   |   |   |   |   |
| investment securities available-for-sale                         |   |   | 7       |   |   |   | 10,007 |   |
| Proceeds from maturities, calls and principal payments of        |   |   |    |   |   |   |   |   |
| investment securities held-to-maturity                           |   |   | 2,866   |   |   |   | 500 |   |
| Net decrease (increase) in loans                                 |   |   | 19,673  |   |   |   | (32,812 | ) |
| Proceeds from sale of other real estate owned                    |   |   | 2,231   |   |   |   | 2,448 |   |
| Purchases of premises and equipment - net                        |   |   | (138    | )      |   |   | (160 | ) |
| Net cash provided by (used in) investing activities              |   |   | 19,158  |   |   |   | (21,245 | ) |
|                                                             |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                            |   |   |    |   |   |   |   |   |
| Net (decrease) increase in deposits                              |   |   | (19,310 | )      |   |   | 6,671 |   |
| Net decrease in advances from Federal Home Loan Bank of Atlanta  |   |   | (71     | )      |   |   | (71 | ) |
| Net increase in other borrowed funds                             |   |   | 1,169   |   |   |   | - |   |
| Proceeds from issuance of common stock                           |   |   | 22      |   |   |   | 17 |   |
| Payments of cash dividends                                       |   |   | -       |   |   |   | (794 | ) |
| Net cash (used in) provided by financing activities              |   |   | (18,190 | )      |   |   | 5,823 |   |
|                                                             |   |   |    |   |   |   |   |   |
| INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                 |   |   | 4,974   |   |   |   | (8,683 | ) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                 |   |   | 35,464  |   |   |   | 41,420 |   |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD                       |   | $      | 40,438  |   |   | $      | 32,737 |   |
|                                                             |   |   |    |   |   |   |   |   |
| Supplemental disclosures of cash flows information:              |   |   |    |   |   |   |   |   |
| Cash paid for income taxes                                       |   | $      | 3,917   |   |   | $      | 1,030 |   |
| Cash paid for interest                                           |   | $      | 7,202   |   |   | $      | 9,755 |   |
| Transfer of loans to other real estate owned                     |   | $      | 9,706   |   |   | $      | 4,981 |   |

----

----

|                                               |   | Three Months Ended |      |   | Nine Months Ended |   |
|----------------------------------------------------|--------|--------------------|-----------|--------|-------------------|--------|
|                                               |   | September 30       |      |   | September 30,     |   |
|                                               |   | 2010               |      |   | 2009              |   |   | 2010 |   |   | 2009 |   |
| Basic:                                             |   |               |      |   |              |   |   |   |   |   |   |   |
| Net income (loss)                                  |   | $                  | 655,000   |   |              | $      | (2,219,000 | ) |   | $ | 1,984,000 |   |   | $ | (2,243,000 | ) |
| Preferred stock dividends and discount             |   |               | (179,000  | )      |              |   | (177,000 | ) |   |   | (537,000 | ) |   |   | (614,000 | ) |
| Net income (loss) available to common stockholders |   | $                  | 476,000   |   |              | $      | (2,396,000 | ) |   | $ | 1,447,000 |   |   | $ | (2,857,000 | ) |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Average common shares outstanding                  |   |               | 3,695,109 |   |              |   | 3,689,346 |   |   |   | 3,691,298 |   |   |   | 3,688,968 |   |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Basic earnings (loss) per common share             |   | $                  | 0.13      |   |              | $      | (0.65 | ) |   | $ | 0.39 |   |   | $ | (0.77 | ) |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Diluted:                                           |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                                  |   | $                  | 655,000   |   |              | $      | (2,219,000 | ) |   | $ | 1,984,000 |   |   | $ | (2,243,000 | ) |
| Preferred stock dividends and discount             |   |               | (179,000  | )      |              |   | (177,000 | ) |   |   | (537,000 | ) |   |   | (614,000 | ) |
| Net income (loss) available to common stockholders |   | $                  | 476,000   |   |              | $      | (2,396,000 | ) |   | $ | 1,447,000 |   |   | $ | (2,857,000 | ) |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Average common shares outstanding                  |   |               | 3,695,109 |   |              |   | 3,689,346 |   |   |   | 3,691,298 |   |   |   | 3,688,968 |   |
| Stock option adjustment                            |   |               | -         |   |              |   | - |   |   |   | - |   |   |   | - |   |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Average common shares outstanding – diluted  |   |               | 3,695,109 |   |              |   | 3,689,346 |   |   |   | 3,691,298 |   |   |   | 3,688,968 |   |
|                                               |   |               |      |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Diluted earnings (loss) per common share           |   | $                  | 0.13      |   |              | $      | (0.65 | ) |   | $ | 0.39 |   |   | $ | (0.77 | ) |

----

|                            | Nine Months Ended  |   | Year Ended        |          |
|---------------------------------|--------------------|--------|-------------------|---------------|
|                            | September 30, 2010 |   | December 31, 2009 |          |
|                            |               |   | Weighted-         |          |   |   | Weighted- |   |
|                            |               |   | Average           |          |   |   | Average |   |
|                            | Shares             |   | Exercise Price    |          | Shares |   | Exercise Price |   |
|                            |               |   |              |          |   |   |   |   |   |   |
| Unvested at beginning of period | 60,125             |   | $                 | 4.00          |   | — |   | $ |  — |   |
| Forfeited                       |  —      |   |              | —       |   | — |   |   |  — |   |
| Awarded                         |  —      |   |              | —       |   | 60,125 |   |   | 4.00 |   |
| Released                        |  —      |   |              |  — |   | — |   |   |  — |   |
| Unvested at end of period       | 60,125             |   | $                 | 4.00          |   | 60,125 |   | $ | 4.00 |   |

|                                          |   | Fair Value Measurements at Reporting Date Using |   |
|-----------------------------------------------|--------|-------------------------------------------------|--------|
| Description                                   |   | CarryingValue                                   |   |   | Quoted Pricesin ActiveMarkets ForIdenticalAssets(Level 1) |   |   | SignificantOtherObservableInputs(Level 2) |   |   | SignificantUnobservableInputs(Level 3) |   |
|                                          |   |                                            |   |   |   |   |   |   |   |   |   |   |
| September 30, 2010                            |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Investment securities                         |   |                                            |   |   |   |   |   |   |   |   |   |   |
| available-for-sale                            |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Mutual funds – mortgage securities      |   | $                                               | 721    |   |   | $ | 721 |   |   | $ | — |   |   | $ | — |   |
| Mutual funds – U.S. Government          |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Securities                  |   |                                            | 687    |   |   |   | 687 |   |   |   | — |   |   |   | — |   |
| Equity Securities                             |   |                                            | 302    |   |   |   | 302 |   |   |   | — |   |   |   | — |   |
| Mortgage-backed securities                    |   |                                            | 73     |   |   |   | — |   |   |   | 73 |   |   |   | — |   |
|                                          |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total investment securitiesavailable-for-sale |   | $                                               | 1,783  |   |   | $ | 1,710 |   |   | $ | 73 |   |   | $ | — |   |
|                                          |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                 |   | Fair Value Measurements at Reporting Date Using |   |
|------------------------------------------------------|--------|-------------------------------------------------|--------|
| Description                                          |   | CarryingValue                                   |   |   | Quoted Pricesin ActiveMarkets ForIdenticalAssets(Level 1) |   |   | SignificantOtherObservableInputs(Level 2) |   |   | SignificantUnobservableInputs(Level 3) |   |
|                                                 |   |                                            |   |   |   |   |   |   |   |   |   |   |
| December 31, 2009                               |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Investment securities                                |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   available-for-sale                       |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Mutual funds – mortgage securities |   | $                                               | 719    |   |   | $ | 719 |   |   | $ | — |   |   | $ | — |   |
|   Mutual funds – U.S. Government     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Securities             |   |                                            | 687    |   |   |   | 687 |   |   |   | — |   |   |   | — |   |
|   Equity Securities                        |   |                                            | 229    |   |   |   | 229 |   |   |   | — |   |   |   | — |   |
|   Mortgage-backed securities               |   |                                            | 79     |   |   |   | — |   |   |   | 79 |   |   |   | — |   |
|                                                 |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total investment securities                          |   |                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   available-for-sale                       |   | $                                               | 1,714  |   |   | $ | 1,635 |   |   | $ | 79 |   |   | $ | — |   |

|                    |   | Fair Value Measurements at Reporting Date Using |   |
|-------------------------|--------|-------------------------------------------------|--------|
| Description             |   | CarryingValue                                   |   |   | Quoted Pricesin ActiveMarkets ForIdenticalAssets(Level 1) |   |   | SignificantOtherObservableInputs(Level 2) |   |   | SignificantUnobservableInputs(Level 3) |   |
|                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Other real estate owned |   | $                                               | 11,792 |   |   | $ | — |   |   | $ | — |   |   | $ | 11,792 |   |
| Impaired loans          |   |                                            | 62,905 |   |   |   | — |   |   |   | — |   |   |   | 62,905 |   |

----

|                             |   | Carrying |    |   | Fair   |   |
|----------------------------------|--------|----------|---------|--------|--------|--------|
|                             |   | Value    |    |   | Value  |   |
| Financial assets:                |   |     |    |   |   |   |
| Cash and cash equivalents        |   | $        | 40,438  |   |   | $      | 40,438 |   |
| Investment securities:           |   |     |    |   |   |   |   |   |
| Available-for-sale               |   |     | 1,783   |   |   |   | 1,783 |   |
| Held-to-maturity                 |   |     | 7,253   |   |   |   | 7,193 |   |
| Loans receivable                 |   |     | 404,904 |   |   |   | 505,579 |   |
| Restricted investment securities |   |     | 4,385   |   |   |   | 4,385 |   |
| Accrued interest receivable      |   |     | 1,896   |   |   |   | 1,896 |   |
| Financial liabilities:           |   |     |    |   |   |   |   |   |
| Deposits                         |   |     | 363,029 |   |   |   | 345,212 |   |
| Junior subordinated debentures   |   |     | 17,000  |   |   |   | 16,959 |   |
| Advances from FHLB               |   |     | 63,571  |   |   |   | 64,094 |   |
| Other borrowed funds             |   |     | 1,169   |   |   |   | 1,168 |   |

----

|                             |   | Carrying |    |   | Fair   |   |
|----------------------------------|--------|----------|---------|--------|--------|--------|
|                             |   | Value    |    |   | Value  |   |
| Financial assets:                |   |     |    |   |   |   |
| Cash and cash equivalents        |   | $        | 35,464  |   |   | $      | 35,464 |   |
| Investment securities:           |   |     |    |   |   |   |   |   |
| Available-for-sale               |   |     | 1,714   |   |   |   | 1,714 |   |
| Held-to-maturity                 |   |     | 4,699   |   |   |   | 4,627 |   |
| Loans receivable                 |   |     | 438,398 |   |   |   | 461,041 |   |
| Restricted investment securities |   |     | 4,396   |   |   |   | 4,396 |   |
| Accrued interest receivable      |   |     | 2,025   |   |   |   | 2,025 |   |
| Financial liabilities:           |   |     |    |   |   |   |   |   |
| Deposits                         |   |     | 382,338 |   |   |   | 380,780 |   |
| Junior subordinated debentures   |   |     | 17,000  |   |   |   | 16,959 |   |
| Advances from FHLB               |   |     | 63,643  |   |   |   | 64,004 |   |

|                                      |   | September 30, 2010 |   |
|-------------------------------------------|--------|--------------------|--------|
|                                      |   |               |   |   | Gross |   |   | Gross |   |   | Estimated |   |
|                                      |   | Amortized          |   |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                      |   | Cost               |   |   | Gains |   |   | Losses |   |   | Value |   |
| Available-for-sale                        |   |               |   |   |   |   |   |   |   |   |   |   |
| Mutual funds - mortgage securities        |   | $                  | 747    |   |   | $ | 15 |   |   | $ | 41 |   |   | $ | 721 |   |
| Mutual funds - U.S. Government securities |   |               | 686    |   |   |   | 1 |   |   |   | — |   |   |   | 687 |   |
| Equity securities                         |   |               | 226    |   |   |   | 76 |   |   |   | — |   |   |   | 302 |   |
| Mortgage-backed securities                |   |               | 76     |   |   |   | — |   |   |   | 3 |   |   |   | 73 |   |
|                                      |   | $                  | 1,735  |   |   | $ | 92 |   |   | $ | 44 |   |   | $ | 1,783 |   |
|                                      |   |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Held-to-Maturity:                         |   |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                                     |   | $                  | 50     |   |   | $ | — |   |   | $ | — |   |   | $ | 50 |   |
| Mortgage-backed securities                |   |               | 6,204  |   |   |   | — |   |   |   | 60 |   |   |   | 6,144 |   |
| U. S. Treasury securities and obligations |   |               | 999    |   |   |   | — |   |   |   | — |   |   |   | 999 |   |
|                                      |   | $                  | 7,253  |   |   | $ | — |   |   | $ | 60 |   |   | $ | 7,193 |   |

----

|                                      |   | December 31, 2009 |   |
|-------------------------------------------|--------|-------------------|--------|
|                                      |   |              |   |   | Gross |   |   | Gross |   |   | Estimated |   |
|                                      |   | Amortized         |   |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                      |   | Cost              |   |   | Gains |   |   | Losses |   |   | Value |   |
| Available-for-sale                        |   |              |   |   |   |   |   |   |   |   |   |   |
| Mutual funds - mortgage securities        |   | $                 | 747    |   |   | $ | — |   |   | $ | 28 |   |   | $ | 719 |   |
| Mutual funds - U.S. Government securities |   |              | 686    |   |   |   | 1 |   |   |   | — |   |   |   | 687 |   |
| Equity securities                         |   |              | 226    |   |   |   | 3 |   |   |   | — |   |   |   | 229 |   |
| Mortgage-backed securities                |   |              | 83     |   |   |   | — |   |   |   | 4 |   |   |   | 79 |   |
|                                      |   | $                 | 1,742  |   |   | $ | 4 |   |   | $ | 32 |   |   | $ | 1,714 |   |
|                                      |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Held-to-Maturity:                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                                     |   | $                 | 50     |   |   | $ | — |   |   | $ | — |   |   | $ | 50 |   |
| Mortgage-backed securities                |   |              | 4,149  |   |   |   | 2 |   |   |   | 74 |   |   |   | 4,077 |   |
| U. S. Treasury securities and obligations |   |              | 500    |   |   |   | — |   |   |   | — |   |   |   | 500 |   |
|                                      |   | $                 | 4,699  |   |   | $ | 2 |   |   | $ | 74 |   |   | $ | 4,627 |   |

|                               |   | Less than 12 Months |    |   | More than 12 Months |   |    | Total  |   |
|------------------------------------|--------|---------------------|---------|--------|---------------------|--------|---------|--------|--------|
|                               |   | Fair                |    |   | Unrealized          |   |    | Fair   |   |   | Unrealized |   |   | Fair |   |   | Unrealized |   |
|                               |   | Value               |    |   | Losses              |   |    | Value  |   |   | Losses |   |   | Value |   |   | Losses |   |
| Available-for-Sale:                |   |                |    |   |                |   |    |   |   |   |   |   |   |   |   |   |   |   |
| Mutual funds - mortgage securities |   | $                   | — |   |                | $      | — |   |   | $ | 135 |   |   | $ | 41 |   |   | $ | 135 |   |   | $ | 41 |   |
| Mortgage-backed securities         |   |                |    |   |                |   |    |   |   |   | 73 |   |   |   | 3 |   |   |   | 73 |   |   |   | 3 |   |
| Held-to-Maturity:                  |   |                |    |   |                |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mortgage-backed securities         |   |                | 6,144   |   |                |   | 60      |   |   |   | — |   |   |   | — |   |   |   | 6,144 |   |   |   | 60 |   |
|                               |   | $                   | 6,144   |   |                | $      | 60      |   |   | $ | 208 |   |   | $ | 44 |   |   | $ | 6,352 |   |   | $ | 104 |   |

----

----

----

----

----

----

|                                            |   | September 30, |    |   | December 31, |   |
|-------------------------------------------------|--------|---------------|---------|--------|--------------|--------|
|                                            |   | 2010          |    |   | 2009         |   |
|                                            |   | Amount        |    |   | %            |   |   | Amount |   |   | % |   |
| Type of Loan                                    |   |          |    |   |         |   |   |   |   |   |   |   |
| Real estate loans:                              |   |          |    |   |         |   |   |   |   |   |   |   |
| Construction loans                              |   | $             | 82,682  |   |         |   | 20.42 | % |   | $ | 100,509 |   |   |   | 22.93 | % |
| One- to four-family residential and home equity |   |          | 119,556 |   |         |   | 29.53 |   |   |   | 129,847 |   |   |   | 29.62 |   |
| Multi-family residential                        |   |          | 7,330   |   |         |   | 1.81 |   |   |   | 7,227 |   |   |   | 1.65 |   |
| Land                                            |   |          | 4,034   |   |         |   | 1.00 |   |   |   | 4,584 |   |   |   | 1.04 |   |
| Commercial                                      |   |          | 171,606 |   |         |   | 42.38 |   |   |   | 172,703 |   |   |   | 39.39 |   |
|                                            |   |          | 385,208 |   |         |   | 95.14 |   |   |   | 414,870 |   |   |   | 94.63 |   |
| Commercial business loans                       |   |          | 15,505  |   |         |   | 3.83 |   |   |   | 19,290 |   |   |   | 4.40 |   |
| Consumer loans                                  |   |          | 4,191   |   |         |   | 1.03 |   |   |   | 4,238 |   |   |   | 0.97 |   |
| Gross loans                                     |   |          | 404,904 |   |         |   | 100.00 | % |   |   | 438,398 |   |   |   | 100.00 | % |
| Less: allowance for loan losses                 |   |          | (13,449 | )      |         |   |   |   |   |   | (14,351 | ) |   |   |   |   |
| Net loans receivable                            |   | $             | 391,455 |   |         |   |   |   |   | $ | 424,047 |   |   |   |   |   |

|                                                              |   | September 30, |   |   | December 31, |   |
|-------------------------------------------------------------------|--------|---------------|--------|--------|--------------|--------|
| (Dollars in thousands)                                            |   | 2010          |   |   | 2009         |   |
| Nonaccrual loans and leases                                       |   | $             | 48,881 |   |         | $      | 32,694 |   |
| Loans and leases 90 days or more past due still accruing interest |   |          | 0      |   |         |   | 0 |   |
| Restructured loans and leases                                     |   |          | 14,024 |   |         |   | 11,959 |   |
| Total nonperforming loans and leases                              |   |          | 62,905 |   |         |   | 44,653 |   |
| Other real estate owned, net                                      |   |          | 11,792 |   |         |   | 4,594 |   |
| Total nonperforming assets                                        |   | $             | 74,697 |   |         | $      | 49,247 |   |
| Nonperforming loans and leases to total loans                     |   |          | 15.54  | %      |         |   | 10.19 | % |
| Nonperforming assets to total assets                              |   |          | 15.17  |   |         |   | 9.66 |   |
| Allowance for loan losses to non-performing loans and leases      |   |          | 21.38  |   |         |   | 32.14 |   |

----

----

|                                                   |   | Nine Months Ended  |   |   | Twelve Months Ended |   |
|--------------------------------------------------------|--------|--------------------|--------|--------|---------------------|--------|
|                                                   |   | September 30, 2010 |   |   | December 31, 2009   |   |
| Balance at beginning of period                         |   | $                  | 14,351 |   |                | $      | 6,314 |   |
| Loans charged off:                                     |   |               |   |   |                |   |   |   |
|   Real estate                                |   |               | (4,051 | )      |                |   | (3,068 | ) |
|   Commercial                                 |   |               | (100   | )      |                |   | (88 | ) |
|   Consumer                                   |   |               | (90    | )      |                |   | (72 | ) |
| Total charge-offs                                      |   |               | (4,241 | )      |                |   | (3,228 | ) |
| Recoveries:                                            |   |               |   |   |                |   |   |   |
|   Real estate                                |   |               | 81     |   |                |   | 609 |   |
|   Commercial                                 |   |               | 0      |   |                |   | 0 |   |
|   Consumer                                   |   |               | 28     |   |                |   | 16 |   |
| Total recoveries                                       |   |               | 109    |   |                |   | 625 |   |
| Net charge-offs                                        |   |               | (4,132 | )      |                |   | (2,603 | ) |
| Provision for loan losses                              |   |               | 3,230  |   |                |   | 10,640 |   |
| Balance at end of period                               |   | $                  | 13,449 |   |                | $      | 14,351 |   |
| Net charge-offs to average loans                       |   |               |   |   |                |   |   |   |
|   outstanding during the period (annualized) |   |               | 1.33   | %      |                |   | 0.63 | % |
| Allowance for loan losses to loans                     |   |               | 3.32   |   |                |   | 3.27 |   |
| Allowance for loan losses to nonperforming loans       |   |               | 21.38  |   |                |   | 32.14 |   |

|                               |   | Balance at         |    |     |   | Balance at   |   |     |   |
|------------------------------------|--------|--------------------|---------|----------|--------|--------------|--------|----------|--------|
|                               |   | September 30, |    | %        |   | December 31, |   | %        |   |
|                               |   | 2010               |    | Deposits |   | 2009         |   | Deposits |   |
|                               |   |               |    |
|   Regular checking            |   | $                  | 27,574  |     | 7.60   | %            | $      | 24,725   |   | 6.47 | % |
|   NOW accounts                |   |               | 29,690  |     | 8.18   |         |   | 29,198   |   | 7.64 |   |
|   Passbook                    |   |               | 11,295  |     | 3.11   |         |   | 11,329   |   | 2.96 |   |
|   Statement savings           |   |               | 9,956   |     | 2.74   |         |   | 9,366    |   | 2.45 |   |
|   Money market                |   |               | 10,085  |     | 2.78   |         |   | 7,165    |   | 1.87 |   |
|   Holiday club                |   |               | 251     |     | 0.07   |         |   | 78       |   | 0.02 |   |
|   Certificates of Deposit     |   |               | 247,852 |     | 68.27  |         |   | 274,898  |   | 71.90 |   |
|   IRA Certificates of Deposit |   |               | 23,568  |     | 6.49   |         |   | 19,919   |   | 5.21 |   |
|   Money Market Certificates   |   |               | 2,758   |     | 0.76   |         |   | 5,600    |   | 1.48 |   |
|   Total Deposits              |   | $                  | 363,029 |     | 100.00 | %            | $      | 382,338  |   | 100.00 | % |

----

|                            |   |   |   |   |   | Regulatory Minimum |   |
|---------------------------------|--------|--------|--------|--------|--------|--------------------|--------|
|                            |   | 2010   |   | 2009   |   | Well               |   | Adequately |   |
|                            |   | Actual |   | Actual |   | Capitalized        |   | Capitalized |   |
|                            |   |   |   |   |   |               |   |   |   |
| Total risk-based capital ratio  |   |   |   |   |   |               |   |   |   |
| Consolidated                    |   | 14.54  | %      | N/A    |   | 10.00              | %      | 8.00 | % |
| The Bank                        |   | 14.51  |   | 12.61  | %      | 10.00              |   | 8.00 |   |
|                            |   |   |   |   |   |               |   |   |   |
| Tier 1 risk-based capital ratio |   |   |   |   |   |               |   |   |   |
| Consolidated                    |   | 12.24  | %      | N/A    |   | 6.00               | %      | 4.00 | % |
| The Bank                        |   | 10.11  |   | 8.36   | %      | 6.00               |   | 4.00 |   |
|                            |   |   |   |   |   |               |   |   |   |
| Tier 1 leverage ratio           |   |   |   |   |   |               |   |   |   |
| Consolidated                    |   | 9.94   | %      | N/A    |   | 5.00               | %      | 4.00 | % |
| The Bank                        |   | 8.19   |   | 7.06   | %      | 5.00               |   | 4.00 |   |

----

| Exhibit No.           | Description                                                                                                                                                                                                                                                          | Incorporated by Reference to:                                                                                                                                                  |
|-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   3.1       | Articles of Incorporation of Cecil Bancorp, Inc.                                                                                                                                                                                                                     | Exhibit 3.1 to Quarterly Report on Form 10-Q for the quarter ended June 30, 2008                                                                                               |
|   3.2       | Bylaws of Cecil  Bancorp, Inc.                                                                                                                                                                                                                             | Exhibit 3.2 to Annual Report on Form 10-K for the year ended December 31, 2009, SEC File No. 0-24926.                                                                          |
|   3.3  | Articles Supplementary for Fixed Rate Cumulative Perpetual Preferred Stock, Series A                                                                                                                                                                            | Exhibit 3.1 to Current Report on Form 8-K filed December 23, 2008.                                                                                                             |
|   4.1       | Form of Common Stock Certificate                                                                                                                                                                                                                                     | Exhibit 4 to Registration Statement on Form  S-1 (File No. 33-81374)                                                                                                 |
|   4.2       | Form of Certificate for Fixed Rate Cumulative Perpetual Preferred Stock, Series A                                                                                                                                                                               | Exhibit 4.1 to Current Report on Form 8-K filed December 23, 2008.                                                                                                             |
|   4.3       | Warrant for Purchase of Shares of Common Stock                                                                                                                                                                                                                       | Exhibit 4.2 to Current Report on Form 8-K filed December 23, 2008.                                                                                                             |
|   4.4       | Amended and Restated Trust Agreement, dated as of March 23, 2006, among Cecil Bancorp, Inc., as depositor, Wilmington Trust Company, as property and Delaware Trustee, and Charles F. Sposato, Mary B. Halsey and Jennifer Carr, as administrative trustees.         | Not filed in accordance with the provisions of Item 601(b)(4)(iii) of Regulation S-K. The Registrant agrees to provide a copy of this document to the Commission upon request. |
|   4.5       | Junior Subordinated Indenture, dated as of March 23, 2006 between Cecil Bancorp, Inc. and Wilmington Trust Company, as Trustee.                                                                                                                                      | Not filed in accordance with the provisions of Item 601(b)(4)(iii) of Regulation S-K. The Registrant agrees to provide a copy of this document to the Commission upon request. |
|   4.6       | Guarantee Agreement, dated as of March 23, 2006, between Cecil Bancorp, Inc., as Guarantor, and Wilmington Trust Company, as Guarantee Trustee.                                                                                                                      | Not filed in accordance with the provisions of Item 601(b)(4)(iii) of Regulation S-K. The Registrant agrees to provide a copy of this document to the Commission upon request. |
|   4.7       | Amended and Restated Declaration of Trust, dated as of November 30, 2006 by and among Wilmington Trust Company, as Delaware and institutional trustee, Cecil Bancorp, Inc., as sponsor, and Charles F. Sposato, Mary B. Halsey and Jennifer Carr, as administrators. | Exhibit 10.3 to Current Report on Form 8-K filed December 4, 2006.                                                                                                             |
|   4.8       | Indenture, dated as of November 30, 2006, between Cecil Bancorp, Inc. and Wilmington Trust Company, as trustee.                                                                                                                                                      | Exhibit 10.1 to Current Report on Form 8-K filed December 4, 2006.                                                                                                             |
|   4.9       | Guarantee Agreement, dated as of November 30, 2006, between Cecil Bancorp, Inc., as Guarantor, and Wilmington Trust Company, as Guarantee Trustee.                                                                                                                   | Exhibit 10.4 to Current Report on Form 8-K filed December 4, 2006.                                                                                                             |
|   31(a)     | Rule 13a-14(a)/15d-14(a) Certification - CEO                                                                                                                                                                                                                         |                                                                                                                                                                           |
|   31(b)     |     Rule 13a-14(a)/15d-14(a) Certification - CFO                                                                                                                                                                                                      |                                                                                                                                                                           |
|   32(a)     |     18 U.S.C. Section 1350 Certification - CEO                                                                                                                                                                                                        |                                                                                                                                                                           |
|   32(b)     | 18 U.S.C. Section 1350 Certification - CFO                                                                                                                                                                                                                           |                                                                                                                                                                           |

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|                                                 |   | CECIL BANCORP, INC. |
|------------------------------------------------------|--------|---------------------|
|    Date:  November 12, 2010 |   | By:                 | /s/ Mary B. Halsey |
|                                                 |   |                | Mary B. HalseyPresident and Chief Executive Officer(Duly Authorized Officer) |
|    Date:  November 12, 2010 |   | By:                 | /s/ Robert Lee Whitehead |
|                                                 |   |                | Robert Lee WhiteheadVice President and Chief Financial Officer(Principal Financial and Accounting Officer) |