----

| x | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|---------------------------------------------------------------------------------------------------|

|   | For      the quarterly period ended March 31,2008 |
|--------|---------------------------------------------------|

|   | OR |
|--------|----|

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

|   | For      the transition period from _____ to_____ |
|--------|---------------------------------------------------|

| Florida                                                             |   | 35-2164765                                |
|---------------------------------------------------------------------|--------|-------------------------------------------|
| (State      or other jurisdiction of Incorporation or organization) |   | (I.R.S.      Employer Identification No.) |
|                                                                |   |                                      |
| 1400      North 15th      Street, Immokalee, Florida                |   | 34142-2202                                |
| (Address      of principal executive offices)                       |   | (Including      zip code)                 |

|   | (239)  657-3171                             |   |
|--------|-------------------------------------------------------|--------|
|   | (Issuer's      Telephone Number, Including Area Code) |   |

| No Change                                                                                    |
|----------------------------------------------------------------------------------------------|
| (Former      name, former address and former fiscal year, if changed since last      report) |

| Yes        x | No        o |
|------------------------|-----------------------------------------------------|

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

|   | Indicate      by check mark whether the registrant is a shell company (as defined in      Rule 12b of the Exchange Act). |
|--------|--------------------------------------------------------------------------------------------------------------------------|

| Yes       o | No        x |
|------------------|-----------------------------------------------------|

| Common      Stock, $0.01 par |   | Outstanding      at May 12, 2008: 7,918,217 |
|------------------------------|--------|---------------------------------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | Page No. |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|--------|
| Part      I - Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |
| Item 1 - Consolidated      Financial Statements (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |
| Consolidated Statements of      Financial Condition as of March 31, 2008and December 31,      2007                                                                                                                                                                                             |   |     | 3      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Consolidated Statements of      Income for the Three Months EndedMarch 31, 2008 and      2007                                                                                                                                                                                                  |   |     | 4      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Consolidated Statement of      Shareholders' Equity for the Three MonthsEnded March 31,      2008                                                                                                                                                                                              |   |     | 5      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Consolidated Statements of Cash      Flows for the Three MonthsEnded March 31, 2008 and      2007                                                                                                                                                                                              |   |     | 6      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Notes to Consolidated Financial      Statements                                                                                                                                                                                                                                 |   |     | 7      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Item 2 - Management's      Discussion and Analysis ofFinancial Condition and Results      of      Operations                                                                                                                                                               |   |     | 13     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Item 3 - Quantitative and      Qualitative Disclosures about Market      Risk                                                                                                                             |   |     | 18     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Item 4 - Controls and      Procedures                                                                                                                                                                     |   |     | 19     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Part      II - Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |     |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Item 1 - Legal      Proceedings                                                                                                                                                                           |   |     | 20     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Item 1A - Risk      Factors                                                                                                                                                                               |   |     | 20     |   |
| Item 5 - Other      Information                                                                                                                                                                           |   |     | 20     |   |
| Item 6 -      Exhibits                                                                                                                                                                                    |   |     | 20     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |   |   |
| Signatures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |     | 22     |   |

----

|                                                                                                                                                                                         |   |      March      31,  2008          (Unaudited) |           |   |          December 31,                 2007 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------|----------------|--------|------------------------------------------------------------------------------------------------------------------|--------|
| Assets                                                                                                                                                                                       |   |                                                                                        |           |   |                                                                                                             |   |
| Cash      and due from banks                                                                                                                                                                 |   | $                                                                                           | 13,469,068     |   |                                                                                                             | $      | 10,526,924 |   |
| Interest-bearing      demand deposits with banks                                                                                                                                             |   |                                                                                        | 4,394,307      |   |                                                                                                             |   | 1,868,391 |   |
| Federal      funds sold                                                                                                                                                                      |   |                                                                                        | 103,000        |   |                                                                                                             |   | 2,334,000 |   |
| Cash and Cash      Equivalents                                                                                                                                                               |   |                                                                                        | 17,966,375     |   |                                                                                                             |   | 14,729,315 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Securities      held-to-maturity, fair value of $138,574,779in 2008 and $136,499,998 in      2007                                                                                            |   |                                                                                        | 136,011,518    |   |                                                                                                             |   | 135,810,057 |   |
| Other      investments-securities                                                                                                                                                            |   |                                                                                        | 7,329,601      |   |                                                                                                             |   | 5,599,965 |   |
| Other      investments-partnerships                                                                                                                                                          |   |                                                                                        | 1,215,875      |   |                                                                                                             |   | 1,215,875 |   |
| Loans      held-for-sale                                                                                                                                                                     |   |                                                                                        | 79,000         |   |                                                                                                             |   | — |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Loans,      net of unearned income                                                                                                                                                           |   |                                                                                        | 750,719,193    |   |                                                                                                             |   | 791,430,961 |   |
| Allowance      for loan losses                                                                                                                                                               |   |                                                                                        | (18,876,797    | )      |                                                                                                             |   | (18,309,279 | ) |
| Net Loans                                                                                                                                                                                    |   |                                                                                        | 731,842,396    |   |                                                                                                             |   | 743,121,682 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Premises      and equipment, net                                                                                                                                                             |   |                                                                                        | 22,738,930     |   |                                                                                                             |   | 21,095,408 |   |
| Accrued      interest                                                                                                                                                                        |   |                                                                                        | 4,091,831      |   |                                                                                                             |   | 4,585,201 |   |
| Foreclosed      real estate                                                                                                                                                                  |   |                                                                                        | 6,144,580      |   |                                                                                                             |   | 1,065,289 |   |
| Deferred      taxes, net                                                                                                                                                                     |   |                                                                                        | 16,464,059     |   |                                                                                                             |   | 13,671,041 |   |
| Other      assets                                                                                                                                                                            |   |                                                                                        | 1,652,795      |   |                                                                                                             |   | 1,779,929 |   |
| Total Assets                                                                                                                                                                                 |   | $                                                                                           | 945,536,960    |   |                                                                                                             | $      | 942,673,762 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Liabilities      and Shareholders’ Equity                                                                                                                                              |   |                                                                                        |           |   |                                                                                                             |   |   |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Liabilities                                                                                                                                                                                  |   |                                                                                        |           |   |                                                                                                             |   |   |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Deposits                                                                                                                                                                                     |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Noninterest-bearing                                                                                                                                                                          |   | $                                                                                           | 73,541,403     |   |                                                                                                             | $      | 72,635,074 |   |
| Interest-bearing                                                                                                                                                                             |   |                                                                                        | 680,181,462    |   |                                                                                                             |   | 681,023,280 |   |
| Total Deposits                                                                                                                                                                               |   |                                                                                        | 753,722,865    |   |                                                                                                             |   | 753,658,354 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Short-term      borrowings                                                                                                                                                                   |   |                                                                                        | 93,000         |   |                                                                                                             |   | — |   |
| Accrued      interest                                                                                                                                                                        |   |                                                                                        | 2,691,996      |   |                                                                                                             |   | 3,509,061 |   |
| Deferred      compensation                                                                                                                                                                   |   |                                                                                        | 197,832        |   |                                                                                                             |   | 208,358 |   |
| FHLB      advances                                                                                                                                                                           |   |                                                                                        | 55,000,000     |   |                                                                                                             |   | 55,000,000 |   |
| Subordinated      debentures                                                                                                                                                                 |   |                                                                                        | 30,929,000     |   |                                                                                                             |   | 30,929,000 |   |
| Other      liabilities                                                                                                                                                                       |   |                                                                                        | 4,042,753      |   |                                                                                                             |   | 1,163,952 |   |
| Total    Liabilities                                                                                                                                                                         |   |                                                                                        | 846,977,446    |   |                                                                                                             |   | 844,468,725 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Shareholders’      Equity                                                                                                                                                              |   |                                                                                        |           |   |                                                                                                             |   |   |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Preferred      stock - par value $0.01 per share, 5,000,000 shares authorized, none      issued and outstanding at March 31, 2008 and December 31,    2007                                   |   |                                                                                        |   — |   |                                                                                                             |   |   — |   |
| Common      stock - par value $0.01 per share, 10,000,000 shares authorized, 7,918,217      and 7,909,261 shares issued and outstanding at March 31, 2008 and at      December 31, 2007 |   |                                                                                        |   79,182  |   |                                                                                                             |   |   79,093 |   |
| Paid-in      capital                                                                                                                                                                         |   |                                                                                        | 18,515,611     |   |                                                                                                             |   | 18,456,882 |   |
| Retained      earnings                                                                                                                                                                       |   |                                                                                        | 79,964,721     |   |                                                                                                             |   | 79,669,062 |   |
| Total Shareholders’      Equity                                                                                                                                                        |   |                                                                                        | 98,559,514     |   |                                                                                                             |   | 98,205,037 |   |
|                                                                                                                                                                                         |   |                                                                                        |           |   |                                                                                                             |   |   |   |
| Total Liabilities and      Shareholders’ Equity                                                                                                                                        |   | $                                                                                           | 945,536,960    |   |                                                                                                             | $      | 942,673,762 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Three Months                                  |       |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |      Ended March      31, |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 2008                                          |       |   | 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |
| Interest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |
| Interest and fees on      loans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $                                             | 12,480,084 |   |   | $ | 19,187,806 |   |
| Interest and dividends on      taxable securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                                          | 1,570,703  |   |   |   | 1,079,615 |   |
| Interest on tax-exempt      securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                          | 208,721    |   |   |   | 191,059 |   |
| Interest on federal funds sold      and other interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                          | 21,186     |   |   |   | 236,236 |   |
| Total Interest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                          | 14,280,694 |   |   |   | 20,694,716 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Interest      Expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                          |       |   |   |   |   |   |
| Interest on    deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                          | 7,223,324  |   |   |   | 8,429,464 |   |
| Interest on borrowed      funds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                          | 1,179,093  |   |   |   | 1,213,136 |   |
| Total Interest      Expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                          | 8,402,417  |   |   |   | 9,642,600 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Net      Interest Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                          | 5,878,277  |   |   |   | 11,052,116 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Provision      for loan losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                          | 906,000    |   |   |   | 299,100 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Net Interest Income After      Provision for Loan Losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                          | 4,972,277  |   |   |   | 10,753,016 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Noninterest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                          |       |   |   |   |   |   |
| Customer service      fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                          | 346,988    |   |   |   | 341,856 |   |
| Secondary market loan      fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                          | 47,379     |   |   |   | 113,221 |   |
| Other operating      income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                          | 202,234    |   |   |   | 171,486 |   |
| Total Noninterest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                          | 596,601    |   |   |   | 626,563 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Noninterest      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                          |       |   |   |   |   |   |
| Salaries and employee      benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                          | 2,756,645  |   |   |   | 2,591,086 |   |
| Occupancy and equipment      expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          | 673,433    |   |   |   | 596,930 |   |
| Other operating      expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                          | 1,781,362  |   |   |   | 698,411 |   |
| Total Noninterest      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                          | 5,211,440  |   |   |   | 3,886,427 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Income      before income      taxes                                                                                                   |   |                                          | 357,438    |   |   |   | 7,493,152 |   |
| Income      tax      expense                                                                                                           |   |                                          | 61,779     |   |   |   | 2,826,125 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Net      Income                                                                                                                        |   | $                                             | 295,659    |   |   | $ | 4,667,027 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Basic      earnings per common      share                                                                                              |   | $                                             | 0.04       |   |   | $ | 0.59 |   |
| Diluted      earnings per common      share                                                                                            |   |                                          | 0.04       |   |   |   | 0.58 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Cash      dividends declared per common      share                                                                                     |   |                                          | 0.00       |   |   |   | 0.00 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                          |       |   |   |   |   |   |
| Weighted      average common shares outstanding - basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                          | 7,917,922  |   |   |   | 7,909,664 |   |
| Weighted      average common shares outstanding - diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                          | 8,043,606  |   |   |   | 8,040,403 |   |

----

|                                               |                Preferred              Stock              |                 Common                Stock              |                Paid-in              Capital                |                      Retained                      Earnings |                  Total                           |
|----------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                               |                                                                                                                                                                                                           |                                                                                                                                                                                                                          |                                                                                                                                                                                                                       |                                                                                                                                                                                                                   |                                                                                                                                                                |
| Balance      at December 31, 2007                  | $         —                                                                                                                                                 | $                            79,093                                                                                  | $                     18,456,882                                                                                                                | $                           79,669,062                                                                             | $                        98,205,037                                            |   |
|                                               |                                                                                                                                                                                                           |                                                                                                                                                                                                                          |                                                                                                                                                                                                                       |                                                                                                                                                                                                                   |                                                                                                                                                                |   |
| Net      income - three months endedMarch 31, 2008 |  —                                                                                                                                                                                                  |  —                                                                                                                                                                                                                 |  —                                                                                                                                                                                                              |                                  295,659                                        |                                295,659 |   |
|                                               |                                                                                                                                                                                                           |                                                                                                                                                                                                                          |                                                                                                                                                                                                                       |                                                                                                                                                                                                                   |                                                                                                                                                                |   |
| Sale      of common stock                          | —                                                                                                                                                                                                        |                       89                                                                                                                                |                          53,911                                                                                             | —                                                                                                                                                                                                                |                              54,000                   |   |
|                                               |                                                                                                                                                                                                           |                                                                                                                                                                                                                          |                                                                                                                                                                                                                       |                                                                                                                                                                                                                   |                                                                                                                                                                |   |
| Stock-based      compensation expense              | —                                                                                                                                                                                                        | —                                                                                                                                                                                                                       |                         4,818                                                                                                    | —                                                                                                                                                                                                                |                             4,818                          |   |
|                                               |                                                                                                                                                                                                           |                                                                                                                                                                                                                          |                                                                                                                                                                                                                       |                                                                                                                                                                                                                   |                                                                                                                                                                |   |
| Balance      at March 31, 2008                     | $          —                                                                                                                                           | $                        79,182                                                                                                     | $                  18,515,611                                                                                                                                  | $                         79,964,721                                                                                    | $                      98,559,514                                                   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   Three    Months                              |       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |       Ended March      31, |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 2008                                                |       |   | 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |
| Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                |       |   |   |   |
| Net      Income                                                                                                                                  |   | $                                                   | 295,659    |   |   | $ | 4,667,027 |   |
| Adjustments to reconcile net      income to net cash  provided by      operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                |       |   |   |   |   |   |
| Provision for loan      losses                                                                                                                                            |   |                                                | 906,000    |   |   |   | 299,100 |   |
| Compensation associated with the      issuanceof options, net of      tax                                                                                                           |   |                                                | 4,818      |   |   |   | 9,800 |   |
| Depreciation, amortization, and      accretion, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                | 268,324    |   |   |   | 265,074 |   |
| Deferred tax (benefit)      expense                                                                                                                                       |   |                                                | (2,793,018 | ) |   |   | 140,509 |   |
| Writedown of other real estate      owned                                                                                                                                 |   |                                                | 349,645    |   |   |   | — |   |
| Decrease in accrued interest      receivable                                                                                                     |   |                                                | 493,370    |   |   |   | 1,061,681 |   |
| (Decrease) increase in accrued      interest payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                | (817,065   | ) |   |   | 61,409 |   |
| Other,      net                                                                                                                                  |   |                                                | 3,059,479  |   |   |   | 2,822,282 |   |
| Net Cash Provided By Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                | 1,767,212  |   |   |   | 9,326,882 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |   |   |
| Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                |       |   |   |   |   |   |
| Purchase of investment securities      held-to-maturity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                | (5,000,000 | ) |   |   | (7,288,931 | ) |
| Proceeds from pay-downs of      investmentsecurities      held-to-maturity                                                                                 |   |                                                | 4,804,860  |   |   |   | 1,313,614 |   |
| Purchase of other investment      securities                                                                                                     |   |                                                | (1,860,936 | ) |   |   | (4,500 | ) |
| Proceeds from sale of other      investment securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                | 131,300    |   |   |   | — |   |
| Net decrease in loans to      customers                                                                                                          |   |                                                | 4,944,360  |   |   |   | 29,807,128 |   |
| Purchase of premises and      equipment                                                                                                          |   |                                                | (2,061,247 | ) |   |   | (942,951 | ) |
| Net Cash Provided By Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                | 958,337    |   |   |   | 22,884,360 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |   |   |
| Financing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                |       |   |   |   |   |   |
| Net decrease in demand deposits,      NOW accountsand savings      accounts                                                                                |   |                                                | (6,549,137 | ) |   |   | (7,266,550 | ) |
| Net increase (decrease) in      certificates of deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                | 6,613,648  |   |   |   | (12,519,794 | ) |
| Net issuance (repayments) of      short-term borrowings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                | 393,000    |   |   |   | (694,000 | ) |
| Exercise of stock      options                                                                                                                   |   |                                                | 54,000     |   |   |   | — |   |
| Net Cash Provided By (Used In)      Financing Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                | 511,511    |   |   |   | (20,480,344 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |   |   |
| Net      Increase in Cash and Cash Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                | 3,237,060  |   |   |   | 11,730,898 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |   |   |
| Cash      and Cash Equivalents at Beginning of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                | 14,729,315 |   |   |   | 20,612,342 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                |       |   |   |   |   |   |
| Cash      and Cash Equivalents at End of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                                                   | 17,966,375 |   |   | $ | 32,343,240 |   |

----

----

|                             |   |    Gross          Amortized Cost |        |   |           Gross          Unrealized        Gains |   |      |           Estimated         Unrealized       Losses |   |   |          Fair        Value |   |
|----------------------------------|--------|---------------------------------------------------------------------|-------------|--------|--------------------------------------------------------------------------------------------------------------|--------|-----------|---------------------------------------------------------------------------------------------|--------|--------|---------------------------------------------------------------|--------|
| Securities Held-to-Maturity      |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |
|                             |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |
| March      31, 2008:             |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |
| FHLB and FHLMCagency    notes    |   | $                                                                   | 21,490,517  |   |                                                                                                         | $      | 969,833   |                                                                                        |   | $      | —                                                       |   |   | $ | 22,460,350 |   |
| Municipal      securities        |   |                                                                | 20,789,148  |   |                                                                                                         |   | 42,280    |                                                                                        |   |   | 151,458                                                       |   |   |   | 20,679,970 |   |
| Mortgage-backed      securities  |   |                                                                | 93,731,853  |   |                                                                                                         |   | 1,810,775 |                                                                                        |   |   | 108,169                                                       |   |   |   | 95,434,459 |   |
|                             |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |   |   |   |   |
|                             |   | $                                                                   | 136,011,518 |   |                                                                                                         | $      | 2,822,888 |                                                                                        |   | $      | 259,627                                                       |   |   | $ | 138,574,779 |   |
|                             |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |   |   |   |   |
| December      31, 2007:          |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |   |   |   |   |
| FHLB      and FHLMC agency notes |   | $                                                                   | 18,491,643  |   |                                                                                                         | $      | 570,623   |                                                                                        |   | $      | 9,166                                                         |   |   | $ | 19,053,100 |   |
| Municipal      securities        |   |                                                                | 20,786,520  |   |                                                                                                         |   | 63,186    |                                                                                        |   |   | 88,627                                                        |   |   |   | 20,761,079 |   |
| Mortgage-backed      securities  |   |                                                                | 96,531,894  |   |                                                                                                         |   | 663,977   |                                                                                        |   |   | 510,052                                                       |   |   |   | 96,685,819 |   |
|                             |   |                                                                |        |   |                                                                                                         |   |      |                                                                                        |   |   |                                                          |   |   |   |   |   |
|                             |   | $                                                                   | 135,810,057 |   |                                                                                                         | $      | 1,297,786 |                                                                                        |   | $      | 607,845                                                       |   |   | $ | 136,499,998 |   |

|                      |                             Less Than 12 Months                                                                                        |                               12 Months or More |                     Total                                                              |
|---------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Description of Securities |                  Fair                  Value                |             Unrealized               Losses                                                  |                   Fair                   Value                |               Unrealized                 Losses |                Fair                Value              |           Unrealized              Losses |
|                      |                                                                                                                                                                                                                                                 |                                                                                                                                                                    |                                                                                                                                                                                                                                                                  |   |   |   |
| Municipal      securities |    $                   14,579,984                                                                                                                                    |    $                       151,458                                  | $          —                                                                                                                                                                                                  | $         — |  $               14,579,984 |  $                   151,458 |
| Mortgage-backedsecurities |                         9,203,258                                                                                                                          |                             49,799                        |                           6,291,010                                                                                                                                    |                           58,370 |                  15,494,268 |                      108,169 |
|                      |                                                                                                                                                                                                                                                 |                                                                                                                                                                    |                                                                                                                                                                                                                                                                  |   |   |   |
|                      | $                   23,783,242                                                                                                                                                           | $                      201,257                                                               | $                    6,291,010                                                                                                                                                                  | $                       58,370 | $                30,074,252 |  $                   259,627 |
|                      |                                                                                                                                                                                                                                                 |                                                                                                                                                                    |                                                                                                                                                                                                                                                                  |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |             March 31,    2008 |       |   |           December 31,                   2007 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|------------|--------|------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                       |       |   |                                                                                                                               |   |
| Loan      commitments                                                                                                    |   | $                                                                          | 82,893,000 |   |                                                                                                                               | $      | 105,465,000 |   |
| Standby      letters of      credit                                                                                      |   |                                                                       | 1,859,000  |   |                                                                                                                               |   | 1,879,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                       |       |   |                                                                                                                               |   |   |   |
| Total      unfunded      commitments                                                                                     |   | $                                                                          | 84,752,000 |   |                                                                                                                               | $      | 107,344,000 |   |

----

----

|   | Level 2 - Observable      inputs including quoted prices (other than level 1) in active markets for      similar assets or liabilities, quoted prices for identical or similar      assets or liabilities in markets that are not active, inputs other than      quoted prices that are observable for the asset or liability such as      interest rates, yield curves, volatilities and default rates, and inputs      that are derived principally from or corroborated by observable market      data. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 3 - Unobservable      inputs reflect the reporting entity’s own assumptions about the      assumptions market participants would use in pricing the asset or      liability based on the best information  available. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                          |   |                     |    | Fair Value Measurements at Reporting Date Using |   |
|-------------------------------------------------------------------------------|--------|--------------------------|---------|-------------------------------------------------------------------------------|--------|
|                                                                          |   |                     |    | (Dollars in thousands)                                              |   |
| Asset or Liability  Measured at Fair Value |   | March 31, 2008 |    | Quoted Prices in Active Markets Level 1         |   | Significant Other Observable Inputs Level 2 |   | Significant Unobservable Inputs Level 3 |   |
| Measured      on a Nonrecurring Basis                                         |   |                     |    |                                                                          |   |   |   |   |   |
| Assets                                                                        |   |                     |    |                                                                          |   |   |   |   |   |
|  Collateral      dependent impaired loans                                |   | $                        | 131,597 |                                                                          | $      | –– |   | $ | — |   | $ | 131,597 |   |
| Foreclosed      real estate                                                   |   | 6,145                    |    | ––                                                                |   | — |   | 6,145 |   |
| Total      assets at fair value                                               |   | $                        | 137,742 |                                                                          | $      | –– |   | $ | — |   | $ | 137,742 |   |
|                                                                          |   |                     |    |                                                                          |   |   |   |   |   |   |   |   |   |   |   |

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|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                               Estimated Fair Value of Financial Instruments |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                         |   |          Down     1      Percent                                                                                                                                                                                                                                 |    |   |    Up    1Percent |   |   |    Down     2      Percent |   |   |   Up     2    Percent |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   | Dollars      in Thousands                                                                                                                                                                                                                                                                           |    |
| Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                                                                |    |   |   |   |   |   |   |   |   |   |
| Loans                                                                                                                                                                                                                                                                                                                                                                                        |   | $                                                                                                                                                                                                                                                                                                   | 751,048 |   |   | $ | 742,941 |   |   | $ | 757,153 |   |   | $ | 740,747 |   |
| Federal      funds sold and cash equivalents                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                                                                | 103     |   |   |   | 103 |   |   |   | 103 |   |   |   | 103 |   |
| Securities                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                                                                                                                                                                                                                | 148,926 |   |   |   | 136,974 |   |   |   | 154,767 |   |   |   | 129,580 |   |
| Total Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                                | 900,077 |   |   |   | 880,018 |   |   |   | 912,023 |   |   |   | 870,430 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                            |   |                                                                                                                                                                                                                                                                                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits      - Savings and demand                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                                | 220,550 |   |   |   | 215,131 |   |   |   | 224,300 |   |   |   | 213,104 |   |
| Deposits      - Time                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                | 461,292 |   |   |   | 456,750 |   |   |   | 463,876 |   |   |   | 453,027 |   |
| Other      borrowings                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                                                                                | 89,247  |   |   |   | 86,092 |   |   |   | 91,781 |   |   |   | 84,914 |   |
| Total Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                      |   |                                                                                                                                                                                                                                                                                                | 771,089 |   |   |   | 757,973 |   |   |   | 779,957 |   |   |   | 751,045 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Difference in Fair      Value                                                          |   | $                                                                                                                                                                                                                                                                                                   | 128,988 |   |   | $ | 122,045 |   |   | $ | 132,066 |   |   | $ | 119,385 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Change      in Net Interest Income                                                                                                                                                                                                                                                                                                                                                           |   | $                                                                                                                                                                                                                                                                                                   | 290     |   |   | $ | 948 |   |   | $ | 184 |   |   | $ | 2,131 |   |

----

| Exhibit No. |   | Exhibit                                                                                                                                         |   | Page   |
|-------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 3.1         |   | Articles      of Incorporation of FCBI (included as Exhibit 3.1 to FCBI's Registration      Statement on Form 8-A filed with the SEC on April 15, 2002, and      incorporated herein by reference).                                                                                                                                                                                                                                          |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 3.2         |   | By-laws      of FCBI (included as Exhibit 3.2 to FCBI's Registration Statement on Form      8-A filed with the SEC on April 15, 2002, and incorporated herein by      reference).                                                                                                                                                                                                                                                            |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 4.1         |   | Subordinated      Promissory Note dated December 24, 2001, between Florida Community Bank      and Independent Bankers Bank of Florida (included as Exhibit 4.1 to the      Bank's Form 10-KSB for the year ended December 31, 2001, and incorporated      herein by reference).                                                                                                                                                             |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 4.2         |   | Specimen      Common Stock Certificate of FCBI (included as Exhibit 4.1 to FCBI's      Registration Statement on Form 8-A filed with the SEC on April 15, 2002,      and incorporated herein by reference).                                                                                                                                                                                                                                  |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.1        |   | 2002      Key Employee Stock Compensation Program of FCBI (included as Appendix D to      the Bank's Definitive Schedule 14-A filed with the FDIC on March 22, 2002,      and incorporated herein by reference).                                                                                                                                                                                                                             |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.2        |   | Amended      and Restated Trust Agreement among Florida Community Banks, Inc. as      depositor, Wilmington Trust Company as property trustee, Wilmington Trust      Company, as Delaware trustee, and Stephen L. Price, and Thomas V. Ogletree      as administrators, dated as of June 21, 2002 (included as Exhibit 10.3 to      the Company's Form 10-Q for the quarter ended June 30, 2002, and      incorporated herein by reference). |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.3        |   | Guarantee      Agreement between Florida Community Banks, Inc. as guarantor, and      Wilmington Trust Company as guarantee trustee, dated as of June 21, 2002      (included as Exhibit 10.4 to the Company's Form 10-Q for the quarter ended      June 30, 2002, and incorporated herein by reference).                                                                                                                                    |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.4        |   | Junior      Subordinated Indenture between Florida Community Banks, Inc. (as Company)      and Wilmington Trust Company (as trustee), dated as of June 21, 2002      (included as Exhibit 10.5 to the Company's Form 10-Q for the quarter ended      June 30, 2002, and incorporated herein by reference).                                                                                                                                   |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.5        |   | Employee      Stock Ownership Plan (included as Exhibit 10.5 to the Company's Form S-8      filed May 6, 2004, and incorporated herein by reference).                                                                                                                                                                                                                                                                                        |   |   |
|        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
| 10.6        |   | Amended      and Restated Declaration of Trust, dated as of May 12, 2006, by and among      the Company, as Depositor, Wells Fargo Bank, National Association, as      Institutional Trustee and Delaware Trustee, and the Administrators named      therein (included as Exhibit 10.3 to the Company's Form 8-K filed with the      SEC on May 12, 2006, and incorporated herein byreference).                                              |   |   |

----

| Exhibit No. |   | Exhibit                                                                                                                                                                                                                                                                                                     |   | Page         |
|-------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 10.7        |   | Guarantee      Agreement, dated as of May 12, 2006, by and between the Company, as      Guarantor, and Wells Fargo Bank, National Association, as Guarantee      Trustee (included as Exhibit 10.2 to the Company's Form 8-K filed with the      SEC on May 12, 2006, and incorporated herein byreference). |   |         |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 10.8        |   | Indenture,      dated as of May 12, 2006, by and between the Company and Wells Fargo Bank,      National Association, as Trustee (included as Exhibit 10.1 to the      Company's Form 8-K filed with the SEC on May 12, 2006, and incorporated      herein by reference).                                   |   |         |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 10.9        |   | Stipulation      and Consent Agreement dated May 25, 2007 (included as Exhibit 10.9 to the      Company’s Form 10-Q filed with the SEC on August 9, 2007, and incorporated      herein by reference).                                                                                                 |   |         |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 11          |   | Statement      re: computation of earnings per common share                                                                                                                                                                                                                                                 |   |         |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 14          |   | Code      of Ethics (included as Exhibit 99.1 to the Company's Form 8-K filed on      March 3, 2003, and incorporated herein by reference.)                                                                                                                                                                 |   |         |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 31.1        |   | Chief      Executive Officer - Certification of principal executive officer pursuant      to the Exchange Act Rule 13(a)-14(a) or 15(d)-14(a).                                                                                                                                                              |   |    |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 31.2        |   | Chief      Financial Officer - Certification of principal financial officer pursuant      to the Exchange Act Rule 13(a)-14(a) or 15(d)-14(a).                                                                                                                                                              |   |    |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 32.1        |   | Chief      Executive Officer - Certification pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002.                                                                                                                                            |   |    |
|        |   |                                                                                                                                                                                                                                                                                                        |   |         |
| 32.2        |   | Chief      Financial Officer - Certification pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002.                                                                                                                                            |   |    |

----

|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:  /s/ Stephen L.      Price                                                  |   | May 12,      2008                                              |
| Stephen      L. Price                                                                                                                                                                                                                                                                                                                          |   |        Date                                                                                                                                                                                                                                                                                |
| President,      Chief Executive Officer                                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                                                                            |
| And      Chairman of the Board of Directors                                                                                                                                                                                                                                                                                                    |   |                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                            |
| By:  /s/ Guy W.      Harris                                                     |   | May 12,      2008                                              |
| Guy      W. Harris                                                                                                                                                                                                                                                                                                                             |   |        Date                                                                                                                                                                                                                                                                                |
| Chief      Financial Officer                                                                                                                                                                                                                                                                                                                   |   |                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                            |

----