----

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

|   | For      the quarterly period ended June 30,2008 |
|--------|--------------------------------------------------|

|   | 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 |
|-------------------------------------|--------------------------------|------------------------------|

|   | 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 August 9, 2008: 7,918,217 |
|------------------------------|--------|-----------------------------------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | Page No. |     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|----------|
| Part      I - Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |     |     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |
| Item 1      -                    Consolidated      Financial Statements (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |     |     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |
| Consolidated Statements of      Financial Condition as of June 30, 2008and December 31,      2007                                                                                                                                                                                              |   |     | 3        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statements of      Income for the Three Months and Six Months EndedJune 30, 2008 and      2007                                                                                                                                                                                    |   |     | 4        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statement of      Shareholders' Equity for the Six MonthsEnded June 30,      2008                                                                                                                                                                                                 |   |     | 5        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statements of Cash      Flows for the Six MonthsEnded June 30, 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 4 – Submission of Matters      to a Vote of Security      Holders                                                                                                                              |   |     | 21       |   |
| Item 5 - Other      Information                                                                                                                                                                           |   |     | 21       |   |
| Item 6 -      Exhibits                                                                                                                                                                                    |   |     | 22       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Signatures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |     | 23  |   |

----

|                                                                                                                                                                                         |   |     June      30, 2008          (Unaudited) |                |   |            December 31,    2007 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------|---------------------|--------|-------------------------------------------------------------------------|--------|
| Assets                                                                                                                                                                                       |   |                                                                                |                |   |                                                                    |   |
| Cash      and due from banks                                                                                                                                                                 |   | $                                                                                   | 13,017,454          |   |                                                                    | $      | 10,526,924 |   |
| Interest-bearing      demand deposits with banks                                                                                                                                             |   |                                                                                | 2,960,084           |   |                                                                    |   | 1,868,391 |   |
| Federal      funds sold                                                                                                                                                                      |   |                                                                                | 247,000             |   |                                                                    |   | 2,334,000 |   |
| Cash and Cash      Equivalents                                                                                                                                                               |   |                                                                                | 16,224,549          |   |                                                                    |   | 14,729,315 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Securities      held-to-maturity, fair value of $212,493,713in 2008 and $136,499,998 in      2007                                                                                            |   |                                                                                | 213,287,511         |   |                                                                    |   | 135,810,057 |   |
| Other      investments-securities                                                                                                                                                            |   |                                                                                | 7,104,601           |   |                                                                    |   | 5,599,965 |   |
| Other      investments-partnerships                                                                                                                                                          |   |                                                                                | 1,265,277           |   |                                                                    |   | 1,215,875 |   |
| Loans      held-for-sale                                                                                                                                                                     |   |                                                                                | 399,450             |   |                                                                    |   | — |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Loans,      net of unearned income                                                                                                                                                           |   |                                                                                | 681,288,714         |   |                                                                    |   | 761,430,961 |   |
| Allowance      for loan losses                                                                                                                                                               |   |                                                                                | (17,062,166         | )      |                                                                    |   | (18,309,279 | ) |
| Net Loans                                                                                                                                                                                    |   |                                                                                | 664,226,548         |   |                                                                    |   | 743,121,682 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Premises      and equipment, net                                                                                                                                                             |   |                                                                                | 24,802,836          |   |                                                                    |   | 21,095,408 |   |
| Accrued      interest                                                                                                                                                                        |   |                                                                                | 4,127,736           |   |                                                                    |   | 4,585,201 |   |
| Foreclosed      real estate                                                                                                                                                                  |   |                                                                                | 41,348,446          |   |                                                                    |   | 1,065,289 |   |
| Deferred      taxes, net                                                                                                                                                                     |   |                                                                                | 14,557,723          |   |                                                                    |   | 13,671,041 |   |
| Other      assets                                                                                                                                                                            |   |                                                                                | 12,075,257          |   |                                                                    |   | 1,779,929 |   |
| Total Assets                                                                                                                                                                                 |   | $                                                                                   | 999,419,934         |   |                                                                    | $      | 942,673,762 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Liabilities      and Shareholders’ Equity                                                                                                                                              |   |                                                                                |                |   |                                                                    |   |   |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Liabilities                                                                                                                                                                                  |   |                                                                                |                |   |                                                                    |   |   |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Deposits                                                                                                                                                                                     |   |                                                                                |                |   |                                                                    |   |   |   |
| Noninterest-bearing                                                                                                                                                                          |   | $                                                                                   | 73,624,210          |   |                                                                    | $      | 72,635,074 |   |
| Interest-bearing                                                                                                                                                                             |   |                                                                                | 729,581,263         |   |                                                                    |   | 681,023,280 |   |
| Total Deposits                                                                                                                                                                               |   |                                                                                | 803,205,473         |   |                                                                    |   | 753,658,654 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Short-term      borrowings                                                                                                                                                                   |   |                                                                                | 18,141,000          |   |                                                                    |   | — |   |
| Accrued      interest                                                                                                                                                                        |   |                                                                                | 2,795,189           |   |                                                                    |   | 3,509,061 |   |
| Deferred      compensation                                                                                                                                                                   |   |                                                                                | 187,425             |   |                                                                    |   | 208,358 |   |
| FHLB      advances                                                                                                                                                                           |   |                                                                                | 50,000,000          |   |                                                                    |   | 55,000,000 |   |
| Subordinated      debentures                                                                                                                                                                 |   |                                                                                | 30,929,000          |   |                                                                    |   | 30,929,000 |   |
| Other      liabilities                                                                                                                                                                       |   |                                                                                | 1,570,785           |   |                                                                    |   | 1,163,952 |   |
| Total    Liabilities                                                                                                                                                                         |   |                                                                                | 906,828,872         |   |                                                                    |   | 844,468,725 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Shareholders’      Equity                                                                                                                                                              |   |                                                                                |                |   |                                                                    |   |   |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Preferred      stock - par value $0.01 per share, 5,000,000 shares authorized, none      issued and outstanding at June 30, 2008 and December 31,    2007                                    |   |                                                                                |   —      |   |                                                                    |   |   — |   |
| Common      stock - par value $0.01 per share, 25,000,000 shares authorized, 7,918,217      and 7,909,261 shares issued and outstanding at June 30, 2008 and at      December 31, 2007  |   |                                                                                |    79,182 |   |                                                                    |   |   79,093 |   |
| Paid-in      capital                                                                                                                                                                         |   |                                                                                | 18,520,429          |   |                                                                    |   | 18,456,882 |   |
| Retained      earnings                                                                                                                                                                       |   |                                                                                | 73,991,451          |   |                                                                    |   | 79,669,062 |   |
| Total Shareholders’      Equity                                                                                                                                                        |   |                                                                                | 92,591,062          |   |                                                                    |   | 98,205,037 |   |
|                                                                                                                                                                                         |   |                                                                                |                |   |                                                                    |   |   |   |
| Total Liabilities and      Shareholders’ Equity                                                                                                                                        |   | $                                                                                   | 999,419,934         |   |                                                                    | $      | 942,673,762 |   |

----

|                                                              |   |                Three Months               |       |   |                Six Months                       |   |
|-------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------|------------|--------|----------------------------------------------------------------------------------------------|--------|
|                                                              |   |                  Ended June 30, |       |   |                   Ended June 30, |   |
|                                                              |   |            2008                                               |       |   |              2007                                         |   |   |            2008 |   |   |             2007 |   |
| Interest      Income                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |
| Interest and fees on      loans                                   |   | $                                                                                      | 10,755,887 |   |                                                                                         | $      | 18,836,484 |   |   | $ | 23,235,971 |   |   | $ | 38,024,290 |   |
| Interest and dividends on      taxablesecurities                  |   |                                                                                   | 1,644,265  |   |                                                                                         |   | 1,115,912 |   |   |   | 3,046,232 |   |   |   | 2,195,527 |   |
| Interest on tax-exempt      securities                            |   |                                                                                   | 208,926    |   |                                                                                         |   | 207,132 |   |   |   | 417,647 |   |   |   | 398,191 |   |
| Interest on federal funds      soldand other interest      income |   |                                                                                   | 76,801     |   |                                                                                         |   | 147,418 |   |   |   | 266,723 |   |   |   | 383,654 |   |
| Total Interest    Income                                          |   |                                                                                   | 12,685,879 |   |                                                                                         |   | 20,306,946 |   |   |   | 26,966,573 |   |   |   | 41,001,662 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Interest      Expense                                             |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Interest on    deposits                                           |   |                                                                                   | 6,652,120  |   |                                                                                         |   | 8,339,232 |   |   |   | 13,875,444 |   |   |   | 16,768,696 |   |
| Interest on borrowed      funds                                   |   |                                                                                   | 930,318    |   |                                                                                         |   | 1,263,109 |   |   |   | 2,109,411 |   |   |   | 2,476,245 |   |
| Total Interest      Expense                                       |   |                                                                                   | 7,582,438  |   |                                                                                         |   | 9,602,341 |   |   |   | 15,984,855 |   |   |   | 19,244,941 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Net      Interest Income                                          |   |                                                                                   | 5,103,441  |   |                                                                                         |   | 10,704,605 |   |   |   | 10,981,718 |   |   |   | 21,756,721 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Provision      for loan losses                                    |   |                                                                                   | 9,606,000  |   |                                                                                         |   | — |   |   |   | 10,512,000 |   |   |   | 299,100 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Net      Interest Income AfterProvision for Loan      Losses      |   |                                                                                   | (4,502,559 | )      |                                                                                         |   | 10,704,605 |   |   |   | 469,718 |   |   |   | 21,457,621 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest      Income                                           |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Customer service    fees                                          |   |                                                                                   | 382,071    |   |                                                                                         |   | 358,309 |   |   |   | 729,059 |   |   |   | 700,165 |   |
| Secondary market loan      fees                                   |   |                                                                                   | 23,881     |   |                                                                                         |   | 135,623 |   |   |   | 71,260 |   |   |   | 248,844 |   |
| Gain on sale of other real      estate                            |   |                                                                                   | 54,496     |   |                                                                                         |   | 404,921 |   |   |   | 54,496 |   |   |   | 404,921 |   |
| Other operating    income                                         |   |                                                                                   | 151,481    |   |                                                                                         |   | 112,003 |   |   |   | 353,715 |   |   |   | 283,489 |   |
| Total Noninterest      Income                                     |   |                                                                                   | 611,929    |   |                                                                                         |   | 1,010,856 |   |   |   | 1,208,530 |   |   |   | 1,637,419 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest      Expenses                                         |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Salaries      and employee benefits                               |   |                                                                                   | 2,757,148  |   |                                                                                         |   | 2,780,978 |   |   |   | 5,513,793 |   |   |   | 5,372,064 |   |
| Occupancy      and equipment expense                              |   |                                                                                   | 1,146,360  |   |                                                                                         |   | 653,505 |   |   |   | 1,819,793 |   |   |   | 1,250,435 |   |
| Other      operating expenses                                     |   |                                                                                   | 2,038,142  |   |                                                                                         |   | 1,018,336 |   |   |   | 3,819,504 |   |   |   | 1,716,747 |   |
| Total Noninterest      Expenses                                   |   |                                                                                   | 5,941,650  |   |                                                                                         |   | 4,452,819 |   |   |   | 11,153,090 |   |   |   | 8,339,246 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Income      before income taxes                                   |   |                                                                                   | (9,832,280 | )      |                                                                                         |   | 7,262,642 |   |   |   | (9,474,842 | ) |   |   | 14,755,794 |   |
| Income      tax expense (benefit)                                 |   |                                                                                   | (3,859,010 | )      |                                                                                         |   | 2,733,304 |   |   |   | (3,797,231 | ) |   |   | 5,559,429 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Net      Income (Loss)                                            |   | $                                                                                      | (5,973,270 | )      |                                                                                         | $      | 4,529,338 |   |   | $ | (5,677,611 | ) |   | $ | 9,196,365 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Basic      earnings per common share                              |   | $                                                                                      | (0.75      | )      |                                                                                         | $      | 0.57 |   |   | $ | (0.72 | ) |   | $ | 1.16 |   |
| Diluted      earnings per common share                            |   |                                                                                   | (0.75      | )      |                                                                                         |   | 0.56 |   |   |   | (0.71 | ) |   |   | 1.14 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Cash      dividends declaredper common share                      |   |                                                                                   | 0.00       |   |                                                                                         |   | 0.21 |   |   |   | 0.00 |   |   |   | 0.21 |   |
|                                                              |   |                                                                                   |       |   |                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Weighted      average commonshares outstanding -      basic       |   |                                                                                   | 7,918,217  |   |                                                                                         |   | 7,909,664 |   |   |   | 7,918,069 |   |   |   | 7,909,664 |   |
| Weighted      average commonshares outstanding -      diluted     |   |                                                                                   | 7,989,320  |   |                                                                                         |   | 8,041,810 |   |   |   | 8,010,619 |   |   |   | 8,040,846 |   |

----

|                                          |   |         PreferredStock |    |   |        CommonStock |   |    | Paid-inCapital |   |   | RetainedEarnings                                                                             Total |   |   |
|-----------------------------------------------|--------|----------------------------------|---------|--------|-------------------------|--------|---------|----------------|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|                                          |   |                             |    |   |                    |   |    |           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |
| Balance      at December 31, 2007             |   | $                                | — |   |                    | $      | 79,093  |           |   | $      | 18,456,882                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | $ | 79,669,062 |   |   | $ | 98,205,037 |   |   |
|                                          |   |                             |    |   |                    |   |    |           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |
| Net      loss - six months endedJune 30, 2008 |   |                             | — |   |                    |   | — |           |   |   | —                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   | (5,677,611 | ) |   |   | (5,677,611 | ) |   |
|                                          |   |                             |    |   |                    |   |    |           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |
| Sale      of common stock                     |   |                             | — |   |                    |   | 89      |           |   |   | 53,911                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   | — |   |   |   | 54,000 |   |   |
|                                          |   |                             |    |   |                    |   |    |           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |
| Stock-based      compensation expense         |   |                             | — |   |                    |   | — |           |   |   | 9,636                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   | — |   |   |   | 9,636 |   |   |
|                                          |   |                             |    |   |                    |   |    |           |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |
| Balance      at June 30, 2008                 |   | $                                |    |   |                    | $      | 79,182  |           |   | $      | 18,520,429                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | $ | 73,991,451 |   |   | $ | 92,591,062 |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |    Six      Months                             |              |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------|-------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |        Ended June      30, |              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 2008                                                     |              |   | 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |
| Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                     |              |   |   |   |
| Net Income      (Loss)                                                                                                                           |   | $                                                        | (5,677,611        | ) |   | $ | 9,196,365 |   |
| Adjustments to reconcile net      income to net cash  provided by      operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                     |              |   |   |   |   |   |
| Provision for loan      losses                                                                                                                                            |   |                                                     | 10,512,000        |   |   |   | 299,100 |   |
| Compensation associated with the      issuanceof options, net of      tax                                                                                                           |   |                                                     |  9,636       |   |   |   | 19,601 |   |
| Depreciation, amortization, and      accretion, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                     | 538,200           |   |   |   | 524,232 |   |
|          Loss      on disposal of premises and equipment.................                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                     | —           |   |   |   | 2,780 |   |
|          (Gain)      on sale of other real estate owned property..........                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                     | (54,496           | ) |   |   | (404,921 | ) |
|          Writedown      on other real estate owned property.............                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                     | 449,839           |   |   |   | — |   |
| Decrease in accrued interest      receivable                                                                                                     |   |                                                     | 457,465           |   |   |   | 89,662 |   |
| Increase (decrease) in accrued      interest payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     | (713,872          | ) |   |   | 799,893 |   |
|    (Increase      in accrued income taxes receivable.....................                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     | (10,174,542       | ) |   |   | — |   |
| (Increase) decrease in deferred      tax asset,      net                                                                                         |   |                                                     | (886,682          | ) |   |   | 719,196 |   |
| Other,      net                                                                                                                                  |   |                                                     | 665.158           |   |   |   | (575,217 | ) |
| Net Cash Provided By Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                     | ( 4,874,905       | ) |   |   | 10,670,691 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |   |   |
| Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                     |              |   |   |   |   |   |
| Purchase of investment securities      held-to-maturity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                     | (85,718,391       | ) |   |   | (23,472,981 | ) |
|    Call      of investment securities held-to-maturity.........                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                     | 2,000,000         |   |   |   | — |   |
| (Purchase)/sale of other      investment securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                     | (1,554,038        | ) |   |   | 445,500 |   |
| Proceeds from paydowns of      investmentsecurities      held-to-maturity                                                                                  |   |                                                     |  6,066,195   |   |   |   | 3,187,285 |   |
|    Proceeds      from other investments...................................                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                     | —           |   |   |   | 48,000 |   |
| Net decrease in loans to      customers                                                                                                          |   |                                                     | 25,270,833        |   |   |   | 52,241,765 |   |
|    Proceeds      from the sale of premises and equipment..............                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                     | —           |   |   |   | 12,536 |   |
| Purchase of premises and      equipment                                                                                                          |   |                                                     | (4,348,148        | ) |   |   | (3,596,873 | ) |
|    Proceeds      from the sale of other real estate owned............                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     | 1,965,569         |   |   |   | 2,203,435 |   |
| Net Cash Provided By (Used In)      Investing Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                     |  (56,317,980 | ) |   |   | 31,068,667 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |   |   |
| Financing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                     |              |   |   |   |   |   |
| Net decrease in demand deposits,      NOW accountsand savings      accounts                                                                                |   |                                                     | (38,334,283       | ) |   |   | (24,178,182 | ) |
| Net increase (decrease) in      certificates of deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                     | 87,881,402        |   |   |   | (11,042,175 | ) |
| Increase/(decrease) in short-term      borrowings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                     | 18,141,000        |   |   |   | (694,000 | ) |
|    Net      decrease in FHLB advances....................................                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                     | (5,000,000        | ) |   |   | (10,000,000 | ) |
| Dividends      paid                                                                                                                              |   |                                                     | —           |   |   |   | (1,647,847 | ) |
| Net Cash Provided By (Used In)      Financing Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                     | 62,688,119        |   |   |   | (47,562,204 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |   |   |
| Net      Increase (Decrease) in Cash and Cash Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                     | 1,495,234         |   |   |   | (5,822,846 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |   |   |
| Cash      and Cash Equivalents at Beginning of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                     | 14,729,315        |   |   |   | 20,612,342 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                     |              |   |   |   |   |   |
| Cash      and Cash Equivalents at End of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                                                        | 16,224,549        |   |   | $ | 14,789,496 |   |

----

----

|                             |   |             Amortized    Cost |        |   |           Gross          Unrealized        Gains |   |      |          Gross           Unrealized         Losses |   |   |             EstimatedFair            Value |   |
|----------------------------------|--------|----------------------------------------------------------------------------|-------------|--------|--------------------------------------------------------------------------------------------------------------|--------|-----------|----------------------------------------------------------------------------------------------------------------|--------|--------|--------------------------------------------------------------------------------------------------------|--------|
| Securities Held-to-Maturity      |   |                                                                       |        |   |                                                                                                         |   |      |                                                                                                           |   |   |                                                                                                   |   |
|                             |   |                                                                       |        |   |                                                                                                         |   |      |                                                                                                           |   |   |                                                                                                   |   |
| June      30, 2008:              |   |                                                                       |        |   |                                                                                                         |   |      |                                                                                                           |   |   |                                                                                                   |   |
| FHLB and FHLMCagency    notes    |   | $                                                                          | 21,489,226  |   |                                                                                                         | $      | 325,969   |                                                                                                           |   | $      | 135,920                                                                                                |   |   | $ | 21,679,275 |   |
| Municipal      securities        |   |                                                                       | 20,791,981  |   |                                                                                                         |   | —   |                                                                                                           |   |   | 488,388                                                                                                |   |   |   | 20,303,593 |   |
| Mortgage-backed      securities  |   |                                                                       | 171,006,304 |   |                                                                                                         |   | 289,901   |                                                                                                           |   |   | 785,360                                                                                                |   |   |   | 170,510,845 |   |
|                             |   |                                                                       |        |   |                                                                                                         |   |      |                                                                                                           |   |   |                                                                                                   |   |   |   |   |   |
|                             |   | $                                                                          | 213,287,511 |   |                                                                                                         | $      | 615,870   |                                                                                                           |   | $      | 1,409,668                                                                                              |   |   | $ | 212,493,713 |   |
|                             |   |                                                                       |        |   |                                                                                                         |   |      |                                                                                                           |   |   |                                                                                                   |   |   |   |   |   |
| 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 |   |
|                            |   |                                                                                                          |              |   |                                                                                     |   |                |                                                                |   |   |   |   |   |   |   |   |   |   |
| FHLB      and FHLMCagency notes |   | $                                                                                                             | 4,864,080         |   |                                                                                     | $      | 135,920             |                                                                |   | $ | - |   |   | $ | - |   |   | $ | 4,864,080 |   |   | $ | 135,920 |   |
| Municipal      securities       |   |                                                                                                          | 19,643,274        |   |                                                                                     |   | 461,385             |                                                                |   |   | 660,319 |   |   |   | 27,003 |   |   |   | 20,303,593 |   |   |   | 488,388 |   |
| Mortgage-backedsecurities       |   |                                                                                                          |  124,316,068 |   |                                                                                     |   |   785,360 |                                                                |   |   |   |   |   |   |   |   |   |   |  124,316,068 |   |   |   |  785,360 |   |
|                            |   |                                                                                                          |              |   |                                                                                     |   |                |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   | $                                                                                                             | 148,823,422       |   |                                                                                     | $      | 1,382,665           |                                                                |   | $ | 660,319 |   |   | $ | 27,003 |   |   | $ | 149,483,741 |   |   | $ | 1,409,668 |   |
|                            |   |                                                                                                          |              |   |                                                                                     |   |                |                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |              June 30,            2008 |       |   | December      31,2007 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------|------------|--------|-----------------------|--------|
| Loan      commitments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                                                                                                      | 80,177,000 |   |                  | $      | 105,465,000 |   |
| Standby      letters of      credit                                                                                     |   |                                                                                                   | 2,005,000  |   |                  |   | 1,879,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                   |       |   |                  |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | $                                                                                                      | 82,182,000 |   |                  | $      | 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 | June 30, 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                                | $                       | 105,328                                                                       | $                                                                    | $ |   | $ | 105,328 |   |
| Foreclosed      real estate                                                   | 41,348                  |                                                                          |                                                                 |   | 41,348 |   |
| Total      assets at fair value                                               | $                       | 146,676                                                                       | $                                                                    | $ |   | $ | 146,676 |   |
|                                                                          |                    |                                                                          |                                                                 |   |   |   |   |   |
|                                                                          |                    |                                                                          |                                                                 |   |   |   |   |   |

----

----

----

----

----

----

----

|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                        Estimated Fair Value of Financial Instruments |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                         |   |           Down     1      Percent                                                                                                                                                                                 |    |   |   Up   1 Percent |   |   |    Down    2Percent |   |   |    Up    2Percent |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   | Dollars      in Thousands                                                                                                                                                                                                                                 |    |
| Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                      |    |   |   |   |   |   |   |   |   |   |
| Loans                                                                                                                                                                                                                                                                                                                                                                                        |   | $                                                                                                                                                                                                                                                         | 681,055 |   |   | $ | 672,396 |   |   | $ | 687,256 |   |   | $ | 669,903 |   |
| Federal      funds sold and cash equivalents                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                      | 247     |   |   |   | 247 |   |   |   | 247 |   |   |   | 247 |   |
| Securities                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                                                                                                                                                                      | 229,013 |   |   |   | 209,034 |   |   |   | 240,066 |   |   |   | 200,106 |   |
| Total Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                      | 910,315 |   |   |   | 881,677 |   |   |   | 927,569 |   |   |   | 870,256 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                            |   |                                                                                                                                                                                                                                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits      - Savings and demand                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                      | 181,488 |   |   |   | 176,192 |   |   |   | 184,812 |   |   |   | 173,639 |   |
| Deposits      - Time                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                      | 542,802 |   |   |   | 534,351 |   |   |   | 548,081 |   |   |   | 527,509 |   |
| Other      borrowings                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                                      | 100,791 |   |   |   | 98,769 |   |   |   | 102,969 |   |   |   | 98,102 |   |
| Total Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                      |   |                                                                                                                                                                                                                                                      | 825,081 |   |   |   | 809,312 |   |   |   | 835,862 |   |   |   | 799,250 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Difference in Fair      Value                                                          |   | $                                                                                                                                                                                                                                                         | 85,234  |   |   | $ | 72,365 |   |   | $ | 91,707 |   |   | $ | 71,006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Change      in Net Interest Income                                                                                                                                                                                                                                                                                                                                                           |   | $                                                                                                                                                                                                                                                         | 515     |   |   | $ | 319 |   |   | $ | 643 |   |   | $ | 1,127 |   |

----

----

|                      |   | FOR    |      |   | WITHHELD |   |
|---------------------------|--------|--------|-----------|--------|----------|--------|
| Beauford      E. Davidson |   |   | 5,257,963 |   |     |   | 205,400 |   |
| Charles      Edwards      |   |   | 5,450,394 |   |     |   | 12,969 |   |
| Patrick      B. Langford  |   |   | 5,135,543 |   |     |   | 327,820 |   |
| John      R. Olliff       |   |   | 5,451,356 |   |     |   | 12,007 |   |
| James      O’Quinn  |   |   | 5,451,356 |   |     |   | 12,007 |   |
| Stephen      L. Price     |   |   | 5,327,715 |   |     |   | 135,648 |   |
| Bernard      T. Rasmussen |   |   | 5,323,679 |   |     |   | 139,684 |   |
| Daniel      G. Rosbough   |   |   | 5,451,356 |   |     |   | 12,007 |   |

| FOR                | AGAINST | ABSTAIN                        |
|-----------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| FOR                | AGAINST | ABSTAIN                        |
|-----------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| 5,189,334                                                                                     | 247,048 | 26,981                                                                                                                                            |

----

| 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).                                   |   |     |
|        |   |                                                                                                                                                                                                                                                                                                        |   |     |
| 11          |   | Statement      re: computation of earnings per common share                                                                                                                                                                                                                                                 |   | 32       |
|        |   |                                                                                                                                                                                                                                                                                                        |   |     |
| 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).                                                                                                                                                              |   |  33 |
|        |   |                                                                                                                                                                                                                                                                                                        |   |     |
| 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).                                                                                                                                                              |   |  34 |
|        |   |                                                                                                                                                                                                                                                                                                        |   |     |
| 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.                                                                                                                                            |   |  35 |
|        |   |                                                                                                                                                                                                                                                                                                        |   |     |
| 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.                                                                                                                                            |   |  36 |

----

|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                               |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:  /s/ Stephen L.      Price                                                  |   | August 11,      2008                                              |
| Stephen      L. Price                                                                                                                                                                                                                                                                                                                          |   | Date                                                                                                                                                                                                                                                                                               |
| President,      Chief Executive Officer                                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                                                                               |
| And      Chairman of the Board of Directors                                                                                                                                                                                                                                                                                                    |   |                                                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                               |
| By:  /s/ Guy W.      Harris                                                     |   | August 11,      2008                                              |
| Guy      W. Harris                                                                                                                                                                                                                                                                                                                             |   | Date                                                                                                                                                                                                                                                                                               |
| Chief      Financial Officer                                                                                                                                                                                                                                                                                                                   |   |                                                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                               |

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