----

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

|   | For      the quarterly period ended March 31,2009 |
|--------|---------------------------------------------------|

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

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

|   | any,      every Interactive Data File required to be submitted and posted pursuant      to Rule 405 S-T (§232.405 of this |
|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | chapter)      during the preceding 12 months (or for such shorter period that the      registrant was required to submitand |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

|   | post      such files). |
|--------|------------------------|

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

| Common      Stock, $0.01 par |   | Outstanding      at May 14, 2009: 7,918,217 |
|------------------------------|--------|---------------------------------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | Page No. |     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|----------|
| Part      I - Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |     |     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |
| Item 1      - Condensed  Consolidated Financial Statements      (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |     |     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |
| Consolidated Statements of      Financial Condition as of March 31, 2009and December 31,      2008                                                                                                                                                                                             |   |     | 3        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statements of      Operations for the Three Months EndedMarch 31, 2009 and      2008                                                                                                                                                                                              |   |     | 4        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statement of      Shareholders' Equity for the Three MonthsEnded March 31,      2009                                                                                                                                                                                              |   |     | 5        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Consolidated Statements of Cash      Flows for the Three MonthsEnded March 31, 2009 and      2008                                                                                                                                                                                              |   |     | 6        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Notes to Condensed Consolidated      Financial      Statements                                                                                                                                                                                                                  |   |     | 7        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Item 2 - Management's      Discussion and Analysis ofFinancial Condition and Results      of      Operations                                                                                                                                                               |   |     | 14       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Item 3 - Quantitative and      Qualitative Disclosures about Market      Risk                                                                                                                             |   |     | 18       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Item 4 - Controls and      Procedures                                                                                                                                                                     |   |     | 19       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Part      II - Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |     |     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Item 1 - Legal      Proceedings                                                                                                                                                                           |   |     | 20       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Item 1A - Risk      Factors                                                                                                                                                                               |   |     | 20       |   |
| Item 5 - Other      Information                                                                                                                                                                           |   |     | 20       |   |
| Item 6 –      Exhibits                                                                                                                                                                              |   |     | 21       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |     |     |   |
| Signatures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |     | 22  |   |

----

|                                                                                                                                                                           |   |             March 31,   2009            (Unaudited) |           |   |            December 31,        2008 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------|----------------|--------|----------------------------------------------------------------------------------|--------|
| Assets                                                                                                                                                                         |   |                                                                                                                      |           |   |                                                                             |   |
| Cash      and due from banks                                                                                                                                                   |   | $                                                                                                                         | 9,665,484      |   |                                                                             | $      | 11,169,731      0,526,924 |   |
| Interest-bearing      demand deposits with banks                                                                                                                               |   |                                                                                                                      | 12,772,712     |   |                                                                             |   | 6,245,791 |   |
| Federal      funds sold                                                                                                                                                        |   |                                                                                                                      | 50,806,000     |   |                                                                             |   | 28,450,000 |   |
| Cash and Cash      Equivalents                                                                                                                                                 |   |                                                                                                                      | 73,244,196     |   |                                                                             |   | 45,865,522 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Securities      held-to-maturity, fair value of $190,474,151in 2009 and $203,310,589 in      2008                                                                              |   |                                                                                                                      | 184,511,349    |   |                                                                             |   | 199,625,229 |   |
| Other      investments                                                                                                                                                         |   |                                                                                                                      | 7,195,901      |   |                                                                             |   | 7,987,869 |   |
| Loans      held-for-sale                                                                                                                                                       |   |                                                                                                                      | 77,362         |   |                                                                             |   | 156,231 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Loans,      net of unearned income                                                                                                                                             |   |                                                                                                                      | 588,846,577    |   |                                                                             |   | 624,478,243 |   |
| Allowance      for loan losses                                                                                                                                                 |   |                                                                                                                      | (35,059,644    | )      |                                                                             |   | (36,389,744 | ) |
| Net Loans                                                                                                                                                                      |   |                                                                                                                      | 553,786,933    |   |                                                                             |   | 588,088,499 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Premises      and equipment, net                                                                                                                                               |   |                                                                                                                      | 24,783,970     |   |                                                                             |   | 24,867,557 |   |
| Accrued      interest                                                                                                                                                          |   |                                                                                                                      | 3,265,079      |   |                                                                             |   | 3,511,261 |   |
| Foreclosed      real estate                                                                                                                                                    |   |                                                                                                                      | 76,025,177     |   |                                                                             |   | 52,055,241 |   |
| Deferred      taxes, net                                                                                                                                                       |   |                                                                                                                      | 25,657,711     |   |                                                                             |   | 25,657,711 |   |
| Income      taxes receivable                                                                                                                                                   |   |                                                                                                                      | 22,870,415     |   |                                                                             |   | 29,123,997 |   |
| Other      assets                                                                                                                                                              |   |                                                                                                                      | 4,314,085      |   |                                                                             |   | 2,479,226 |   |
| Total Assets                                                                                                                                                                   |   | $                                                                                                                         | 975,732,178    |   |                                                                             | $      | 979,368,343 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Liabilities      and Shareholders’ Equity                                                                                                                                |   |                                                                                                                      |           |   |                                                                             |   |   |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Liabilities                                                                                                                                                                    |   |                                                                                                                      |           |   |                                                                             |   |   |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Deposits                                                                                                                                                                       |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Noninterest-bearing                                                                                                                                                            |   | $                                                                                                                         | 58,891,563     |   |                                                                             | $      | 60,474,172 |   |
| Interest-bearing                                                                                                                                                               |   |                                                                                                                      | 787,795,622    |   |                                                                             |   | 784,954,433 |   |
| Total Deposits                                                                                                                                                                 |   |                                                                                                                      | 846,687,185    |   |                                                                             |   | 845,428,605 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Accrued      interest                                                                                                                                                          |   |                                                                                                                      | 6,392,594      |   |                                                                             |   | 4,853,139 |   |
| Deferred      compensation                                                                                                                                                     |   |                                                                                                                      | 155,042        |   |                                                                             |   | 166,491 |   |
| FHLB      advances                                                                                                                                                             |   |                                                                                                                      | 50,000,000     |   |                                                                             |   | 50,000,000 |   |
| Subordinated      debentures                                                                                                                                                   |   |                                                                                                                      | 30,929,000     |   |                                                                             |   | 30,929,000 |   |
| Other      liabilities                                                                                                                                                         |   |                                                                                                                      | 4,191,755      |   |                                                                             |   | 3,362,046 |   |
| Total    Liabilities                                                                                                                                                           |   |                                                                                                                      | 938,355,576    |   |                                                                             |   | 934,739,281 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Shareholders’      Equity                                                                                                                                                |   |                                                                                                                      |           |   |                                                                             |   |   |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Preferred      stock - par value $0.01 per share, 5,000,000 shares authorized, none      issued and outstanding at March 31, 2009 and December 31,    2008                     |   |                                                                                                                      |   — |   |                                                                             |   |   — |   |
| Common      stock - par value $0.01 per share, 10,000,000 shares authorized, 7,918,217      shares issued and outstanding at March 31, 2009 and at December 31,      2008 |   |                                                                                                                      |   79,182  |   |                                                                             |   |   79,182 |   |
| Paid-in      capital                                                                                                                                                           |   |                                                                                                                      | 18,543,219     |   |                                                                             |   | 18,529,677 |   |
| Retained      earnings                                                                                                                                                         |   |                                                                                                                      | 19,108,384     |   |                                                                             |   | 26,374,386 |   |
| Accumulated      other comprehensive income (loss)                                                                                                                             |   |                                                                                                                      | (354,183       | )      |                                                                             |   | (354,183 | ) |
| Total Shareholders’      Equity                                                                                                                                          |   |                                                                                                                      | 37,376,602     |   |                                                                             |   | 44,629,062 |   |
|                                                                                                                                                                           |   |                                                                                                                      |           |   |                                                                             |   |   |   |
| Total Liabilities and      Shareholders’ Equity                                                                                                                          |   | $                                                                                                                         | 975,732,178    |   |                                                                             | $      | 979,368,343 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |     Three      Months                      |       |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |        Ended March      31, |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |         2009                          |       |   |             2008 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |
| Interest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |
| Interest and fees on      loans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $                                                         | 7,312,060  |   |   | $ | 12,480,084 |   |
| Interest and dividends on      taxable securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                                                      | 2,234,402  |   |   |   | 1,570,703 |   |
| Interest on tax-exempt      securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                      | 208,837    |   |   |   | 208,721 |   |
| Interest on federal funds sold      and other interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                      | 24,129     |   |   |   | 21,186 |   |
| Total Interest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                      | 9,779,428  |   |   |   | 14,280,694 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Interest      Expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                                                      |       |   |   |   |   |   |
| Interest on    deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                      | 7,337,710  |   |   |   | 7,223,324 |   |
| Interest on borrowed      funds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                      | 712,914    |   |   |   | 1,179,093 |   |
| Total Interest      Expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                      | 8,050,624  |   |   |   | 8,402,417 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Net      Interest Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                      | 1,728,804  |   |   |   | 5,878,277 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Provision      for loan losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                      | 2,460,000  |   |   |   | 906,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Net      Interest Income (Loss) After Provision for      Loan      Losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                      | (731,196   | ) |   |   | 4,972,277 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Noninterest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                      |       |   |   |   |   |   |
| Customer service      fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                      | 379,459    |   |   |   | 346,988 |   |
| Secondary market loan      fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                      | 18,270     |   |   |   | 47,379 |   |
| Other operating      income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                      | 103,304    |   |   |   | 202,234 |   |
| Total Noninterest      Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                      | 501,033    |   |   |   | 596,601 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Noninterest      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                      |       |   |   |   |   |   |
| Salaries and employee      benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                      | 2,535,713  |   |   |   | 2,756,645 |   |
| Occupancy and equipment      expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      | 949,432    |   |   |   | 673,433 |   |
| Other operating      expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                      | 3,550,694  |   |   |   | 1,781,362 |   |
| Total Noninterest      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                      | 7,035,839  |   |   |   | 5,211,440 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Income      before income      taxes                                                                                                   |   |                                                      | (7,266,002 | ) |   |   | 357,438 |   |
| Income      tax      expense                                                                                                           |   |                                                      | —    |   |   |   | 61,779 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Net      Income      (Loss)                                                                                                            |   | $                                                         | (7,266,002 | ) |   | $ | 295,659 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Basic      earnings (loss) per common      share                                                                                       |   | $                                                         | (0.92      | ) |   | $ | 0.04 |   |
| Diluted      earnings (loss) per common      share                                                                                     |   |                                                      | (0.92      | ) |   |   | 0.04 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Cash      dividends declared per common      share                                                                                     |   |                                                      | 0.00       |   |   |   | 0.00 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                                      |       |   |   |   |   |   |
| Weighted      average common shares outstanding - basic                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                      | 7,918,217  |   |   |   | 7,917,922 |   |
| Weighted      average common shares outstanding - diluted                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                      | 7,918,217  |   |   |   | 8,043,606 |   |

----

|                                             |   |            Preferred        Stock |    |   |            Common        Stock |   |    |             Paid-in            Capital |   |   |              RetainedEarnings |   |   | Accumulated      Comprehensive                 Loss  |       |   |     Total |   |
|--------------------------------------------------|--------|--------------------------------------------------------------------------------|---------|--------|-----------------------------------------------------------------------------|--------|---------|----------------------------------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------------------------------|------------|--------|--------------------------|--------|
|                                             |   |                                                                           |    |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   |
| Balance      at December 31, 2008                |   | $                                                                              | — |   |                                                                        | $      | 79,182  |                                                                                               |   | $      | 18,529,677                                                       |   |   | $                                                                                                                | 26,374,386 |   |                     | $      | (354,183 | ) |   | $ | 44,629,062 |   |
|                                             |   |                                                                           |    |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   |   |   |   |   |   |   |
| Net      loss - three months endedMarch 31, 2009 |   |                                                                           | — |   |                                                                        |   | — |                                                                                               |   |   | —                                                          |   |   |                                                                                                             | (7,266,002 | )      |                     |   |   |   |   |   | (7,266,002 | ) |
|                                             |   |                                                                           |    |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   |   |   |   |   |   |   |
| Sale      of common stock                        |   |                                                                           | — |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   | — |   |   |   |   |   |
|                                             |   |                                                                           |    |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   |   |   |   |   |   |   |
| Stock-based      compensation expense            |   |                                                                           | — |   |                                                                        |   | — |                                                                                               |   |   | 13,542                                                           |   |   |                                                                                                             |       |   |                     |   | — |   |   |   | 13,542 |   |
|                                             |   |                                                                           |    |   |                                                                        |   |    |                                                                                               |   |   |                                                             |   |   |                                                                                                             |       |   |                     |   |   |   |   |   |   |   |
| Balance      at March 31, 2009                   |   | $                                                                              | — |   |                                                                        | $      | 79,182  |                                                                                               |   | $      | 18,543,219                                                       |   |   | $                                                                                                                | 19,108,384 |   |                     | $      | (354,183 | ) |   | $ | 37,376,602 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |      Three      Months                      |       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |         Ended      March 31, |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 2009                                                            |       |   | 2008 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |
| Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                            |       |   |   |   |
| Net Income      (Loss)                                                                                                                           |   | $                                                               | (7,266,002 | ) |   | $ | 295,659 |   |
| Adjustments to reconcile net      income/(loss) to net cash  provided by      operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                            |       |   |   |   |   |   |
| Provision for loan      losses                                                                                                                                            |   |                                                            | 2,460,000  |   |   |   | 906,000 |   |
| Compensation associated with the      issuanceof options, net of      tax                                                                                                           |   |                                                            | 13,542     |   |   |   | 4,818 |   |
| Depreciation, amortization, and      accretion, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                            | 224,666    |   |   |   | 268,324 |   |
|           Losses      on the disposition of other real estate owned                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                            | 32,554     |   |   |   | — |   |
| Deferred tax (benefit)      expense                                                                                                                                       |   |                                                            | —    |   |   |   | (2,793,018 | ) |
| Writedown of other real estate      owned                                                                                                                                 |   |                                                            | 92,307     |   |   |   | 349,645 |   |
| Decrease in accrued interest      receivable                                                                                                     |   |                                                            | 246,182    |   |   |   | 493,370 |   |
| (Decrease) increase in accrued      interest payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            | 1,539,455  |   |   |   | (817,065 | ) |
|    Decrease      in income tax receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                            | 6,253,582  |   |   |   | — |   |
| Other,      net                                                                                                                                  |   |                                                            | (1,032,793 | ) |   |   | 3,059,479 |   |
| Net Cash Provided By Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                            | 2,563,493  |   |   |   | 1,767,212 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |   |   |
| Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                            |       |   |   |   |   |   |
| Purchase of investment securities      held-to-maturity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                            |       |   |   |   | (5,000,000 | ) |
| Proceeds from pay-downs of      investmentsecurities      held-to-maturity                                                                                 |   |                                                            | 15,156,665 |   |   |   | 4,804,860 |   |
| Purchase of other investment      securities                                                                                                     |   |                                                            | (91,300    | ) |   |   | (1,860,936 | ) |
| Proceeds from sale of other      investment securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                                            | —    |   |   |   | 131,300 |   |
| Net decrease in loans to      customers                                                                                                          |   |                                                            | 8,249,008  |   |   |   | 4,944,360 |   |
| Purchase of premises and      equipment                                                                                                          |   |                                                            | (184,337   | ) |   |   | (2,061,247 | ) |
|    Proceeds      from disposition of foreclosed real estate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                            | 426,566    |   |   |   | — |   |
| Net Cash Provided By Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                            | 23,556,602 |   |   |   | 958,337 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |   |   |
| Financing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                            |       |   |   |   |   |   |
| Net decrease in demand deposits,      NOW accountsand savings      accounts                                                                                |   |                                                            | 4,728,201  |   |   |   | (6,549,137 | ) |
| Net increase (decrease) in      certificates of deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                            | (3,469,622 | ) |   |   | 6,613,648 |   |
| Net issuance (repayments) of      short-term borrowings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                            | —    |   |   |   | 393,000 |   |
| Exercise of stock      options                                                                                                                   |   |                                                            | —    |   |   |   | 54,000 |   |
| Net Cash Provided      By  Financing Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                            | 1,258,579  |   |   |   | 511,511 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |   |   |
| Net      Increase in Cash and Cash Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                            | 27,378,674 |   |   |   | 3,237,060 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |   |   |
| Cash      and Cash Equivalents at Beginning of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                            | 45,865,522 |   |   |   | 14,729,315 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                                            |       |   |   |   |   |   |
| Cash      and Cash Equivalents at End of Period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                                                               | 73,244,196 |   |   | $ | 17,966,375 |   |

----

|   | • |   | Adherance      to a Capital Plan to maintain the Tier 1 Leverage Ratio and the Total Risk      Based Capital Ratio of at least 8% and 12%, respectively, which are above      current levels and the levels necessary to be categorized as “well      capitalized” as defined by Prompt Corrective Action      regulations. |
|--------|---------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | • |   | The      ratio of certain “classified assets” to Tier 1 Risk Based Capital and Loan      Loss Reserves must be reduced to prescribed levels by dates beginning      February 28, 2009.                                                                                                                                      |
|   | • |   | Reduction      of the Bank’s credit concentrationrisk.                                                                                                                                                                                                                                                                            |

|   | • |    | FCBI’s      resources will be used to support the Bank.                                    |   |
|--------|---------|---------|--------------------------------------------------------------------------------------------------|--------|
|   | • |    | No      dividends may be paid on common stock without prior regulatory      approval.            |   |
|   |    | • |         Additional      debt may not be incurred without prior regulatory    approval. |   |

Liquidity

----

----

|                             |   | GrossAmortizedCost |        |   | GrossUnrealizedGains |   |      | EstimatedUnrealizedLosses |   |   | FairValue |   |
|----------------------------------|--------|--------------------|-------------|--------|----------------------|--------|-----------|---------------------------|--------|--------|-----------|--------|
| Securities Held-to-Maturity      |   |               |        |   |                 |   |      |                      |   |   |      |   |
|                             |   |               |        |   |                 |   |      |                      |   |   |      |   |
| March      31, 2009:             |   |               |        |   |                 |   |      |                      |   |   |      |   |
| FHLB      and FHLMC agency notes |   | $                  | 14,484,435  |   |                 | $      | 587,950   |                      |   | $      | —   |   |   | $ | 15,072,385 |   |
| Municipal      securities        |   |               | 20,800,591  |   |                 |   | 137,544   |                      |   |   | 308,777   |   |   |   | 20,629,358 |   |
| Mortgage-backed      securities  |   |               | 149,226,323 |   |                 |   | 5,551,792 |                      |   |   | 5,707     |   |   |   | 154,772,408 |   |
|                             |   |               |        |   |                 |   |      |                      |   |   |      |   |   |   |   |   |
|                             |   | $                  | 184,511,349 |   |                 | $      | 6,277,286 |                      |   | $      | 314,484   |   |   | $ | 190,474,151 |   |
|                             |   |               |        |   |                 |   |      |                      |   |   |      |   |   |   |   |   |
| December      31, 2008:          |   |               |        |   |                 |   |      |                      |   |   |      |   |   |   |   |   |
| FHLB      and FHLMC agency notes |   | $                  | 19,486,401  |   |                 | $      | 546,204   |                      |   | $      | —   |   |   | $ | 20,032,605 |   |
| Municipal      securities        |   |               | 20,797,848  |   |                 |   | 10,965    |                      |   |   | 725,515   |   |   |   | 20,083,298 |   |
| Mortgage-backed      securities  |   |               | 159,340,980 |   |                 |   | 4,025,482 |                      |   |   | 171,776   |   |   |   | 163,194,686 |   |
|                             |   |               |        |   |                 |   |      |                      |   |   |      |   |   |   |   |   |
|                             |   | $                  | 199,625,229 |   |                 | $      | 4,582,651 |                      |   | $      | 897,291   |   |   | $ | 203,310,589 |   |

|                      |                           Less Than 12 Months |                               12 Months or More |                    Total                      |
|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Description of Securities | FairValue                                                              | UnrealizedLosses                                                                                                                                                        | FairValue                                                                                                                                    | UnrealizedLosses | FairValue              | UnrealizedLosses |
|                      |                                                                                                                                              |                                                                                                                                                                    |                                                                                                                                                                                                                    |   |   |   |
| Municipal      securities |    $7,669,555                                                                                                                      |    $100,783                                                                                                                                              | $2,352,823                                                                                                                                                                                                              | $207,994 |  $10,022,378 |  $308,777 |
| Mortgage-backedsecurities |            694,625                                                                                                       |          5,707                                                                                                                                 |                   —                                                                                                     |  — |            694,625 |         5,707 |
|                      |                                                                                                                                              |                                                                                                                                                                    |                                                                                                                                                                                                                    |   |   |   |
|                      | $6,364,180                                                                                                                                        | $106,490                                                                                                                                                                | $2,352,823                                                                                                                                                                                                              | $      207,994 | $10,717,003 |  $314,484 |
|                      |                                                                                                                                              |                                                                                                                                                                    |                                                                                                                                                                                                                    |   |   |   |

----

|                            |   | March 31, 2009 |       | December 31, 2008 |   |
|---------------------------------|--------|----------------|------------|-------------------|--------|
| Loan      commitments           |   | $              | 45,041,000 |              |   | $ | 48,190,000 |   |
| Standby      letters of credit  |   |           | 1,404,000  |              |   |   | 1,471,000 |   |
|                            |   |           |       |              |   |   |   |   |
| Total      unfunded commitments |   | $              | 46,445,000 |              |   | $ | 49,661,000 |   |

----

| ·   | FAS      No. 115-2 and FAS No. 124-2,”Recognition and Presentation of      Other-Than-Temporary Impairments” – This FSP amends the      other-than-temporary impairment guidance under U.S. GAAP for debt      securities to make the guidance more operational and improve the      presentation and disclosure in the financial statements. The FSP specifies      that if a company does not have the intent to sell a debt security prior      to recovery and it is more likely than not that it will not have to sell      the debt security prior to recovery, the security would not be considered      other-than-temporary impaired unless there is a credit loss. The credit      loss component of another-than-temporary impaired debt security must be      determined based on the company’s best estimate of cash flows expected to      be collected. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | FAS      No. 157-4, “Determining Fair Value When the Volume and Level of Activity      the Assets or Liability Have Significantly Decreased and Identifying      Transactions That are Not Orderly” – This FSP provides additional guidance      for estimating fair value in accordance with FAS No. 157, “Faire Value      Measurements”, when the volume and level of activity for the asset and      liability have significantly decreased and for identifying circumstances      that indicate a transaction is not orderly. FAS 157 does not prescribe a      methodology for making significant adjustments to transactions or quoted      prices when estimating fair value in these situations but this FSP states      that a change in valuation technique or the use of multiple valuation      techniques may be appropriate. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | FAS      No. 107-7 and APB 28-1, “Interim Disclosure about Fair Value of Financial      Instruments” – This FSP requires companies to provide the same fair value      of financial instruments disclosures presently required on an annual basis      on a quarterly interim basis. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

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

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

----

|                                                                          |   |                     |        | Fair Value Measurements at Reporting Date Using |   |
|-------------------------------------------------------------------------------|--------|--------------------------|-------------|-------------------------------------------------------------------------------|--------|
|                                                                          |   |                     |        | (Dollars in thousands)                                              |   |
| Asset or Liability  Measured at Fair Value |   | March 31, 2009 |        | Quoted Prices in Active Markets Level 1         |   | Significant Other Observable Inputs Level 2 |   | Significant      Unobservable Inputs Level 3 |   |
| Measured      on a Nonrecurring Basis                                         |   |                     |        |                                                                          |   |   |   |   |   |
| Assets                                                                        |   |                     |        |                                                                          |   |   |   |   |   |
|  Held      to maturity securities                                        |   |                     | 190,474,151 |                                                                          |   |   |   |   | 190,474,151 |   |   |   |   |
| Collateral      dependent impaired loans                                      |   | $                        | 158,704,205 |                                                                          | $      | –– |   | $ | 158,704,205 |   | $ |   |   |
| Foreclosed      real estate                                                   |   | 76,025,177               |        | ––                                                                |   |           76,025,177 |   |   |   |
| Total      assets at fair value                                               |   | $                        | 425,203,533 |                                                                          | $      | –– |   | $ | 425,203,533 |   | $ |   |   |
|                                                                          |   |                     |        |                                                                          |   |   |   |   |   |   |   |   |   |   |   |

----

----

----

----

----

----

|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                Estimated Fair Value of Financial Instruments |     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|                                                                                                                                                                                                                                                                                                                                                                                         |   | Down1      Percent                                                                                                                                                                                                                                                                                        |     |   | Up1      Percent |   |   | Down2      Percent |   |   | Up2      Percent |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   | Dollars      in Thousands                                                                                                                                                                                                                                                                                 |     |
| Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                                                                      |     |   |   |   |   |   |   |   |   |   |
| Loans                                                                                                                                                                                                                                                                                                                                                                                        |   | $                                                                                                                                                                                                                                                                                                         | 579,830  |   |   | $ | 581,485 |   |   | $ | 579,415 |   |   | $ | 581,228 |   |
| Federal      funds sold and cash equivalents                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                                                                                                                                                                                                      | 73,079   |   |   |   | 73,079 |   |   |   | 73,079 |   |   |   | 73,079 |   |
| Securities                                                                                                                                                                                                                                                                                                                                                                                   |   |                                                                                                                                                                                                                                                                                                      | 203,793  |   |   |   | 190,149 |   |   |   | 211,309 |   |   |   | 184,022 |   |
| Total Interest-earning      Assets                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                                      | 856,702  |   |   |   | 844,713 |   |   |   | 863,803 |   |   |   | 838,329 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                            |   |                                                                                                                                                                                                                                                                                                      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits      - Savings and demand                                                                                                                                                                                                                                                                                                                                                           |   |                                                                                                                                                                                                                                                                                                      | 199,189  |   |   |   | 191,921 |   |   |   | 202,880 |   |   |   | 188,556 |   |
| Deposits      - Time                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                      | 671,208  |   |   |   | 661,137 |   |   |   | 675,307 |   |   |   | 655,022 |   |
| Other      borrowings                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                                                                                                                                                                                                      | 89,193   |   |   |   | 84,476 |   |   |   | 92,044 |   |   |   | 83,424 |   |
| Total Interest-bearing      Liabilities                                                                                                                                                                                                                                                                                                                                                      |   |                                                                                                                                                                                                                                                                                                      | 959,590  |   |   |   | 937,534 |   |   |   | 970,231 |   |   |   | 927,002 |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Difference in Fair      Value                                                          |   | $                                                                                                                                                                                                                                                                                                         | (102,888 | ) |   | $ | (92,821 | ) |   | $ | (106,428 | ) |   | $ | (88,673 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                                                                                                                                                                                                      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Change      in Net Interest Income                                                                                                                                                                                                                                                                                                                                                           |   | $                                                                                                                                                                                                                                                                                                         | 333      |   |   | $ | 784 |   |   | $ | 0 |   |   | $ | 2,160 |   |

----

----

| 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). |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |
|   | 10.7   |   | Guarantee      Agreement, dated as of May 12, 2006, by and between the Company, as      Guarantor, and Wells Fargo Bank, National Association, as Guarantee      Trustee (included as Exhibit 10.2 to the Company's Form 8-K filed with the      SEC on May 12, 2006, and incorporated herein byreference).                                                                                     |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |
|   | 10.8   |   | Indenture,      dated as of May 12, 2006, by and between the Company and Wells Fargo Bank,      National Association, as Trustee (included as Exhibit 10.1 to the      Company's Form 8-K filed with the SEC on May 12, 2006, and incorporated      herein by reference).                                                                                                                       |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |
|   | 10.9   |   | Stipulation      and Consent of Entry to Cease and Desist. Dated October 17, 2008 (included      as Exhibit 10.9 to the Company’s Form 8-K filed with the SEC on November      4, 2008, and incorporated herein by reference)..                                                                                                                                                           |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |
|   | 10.10  |   | Written      Agreement with the Federal Reserve Bank of Atlanta. Dated February 13,      2009 (included as Exhibit 10.10 to the Company’s Form 10-K filed with the      SEC on April 15, 2009, and incorporated herein by    reference).                                                                                                                                                  |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |
|   | 11     |   | Statement      re: computation of earnings per common share                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |
|   | 14     |   | Code      of Ethics (included as Exhibit 99.1 to the Company's Form 8-K filed on      March 3, 2003, and incorporated herein by reference.)                                                                                                                                                                                                                                                     |   |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |
|   | 31.1   |   | Chief      Executive Officer - Certification of principal executive officer pursuant      to the Exchange Act Rule 13(a)-14(a) or 15(d)-14(a).                                                                                                                                                                                                                                                  |   |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |
|   | 31.2   |   | Chief      Financial Officer - Certification of principal financial officer pursuant      to the Exchange Act Rule 13(a)-14(a) or 15(d)-14(a).                                                                                                                                                                                                                                                  |   |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |
|   | 32.1   |   | Chief      Executive Officer - Certification pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002.                                                                                                                                                                                                                                |   |   |   |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |
|   | 32.2   |   | Chief      Financial Officer - Certification pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002.                                                                                                                                                                                                                                |   |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:  /s/ Stephen L.      Price                                                  | May 15,      2009                                              |
| Stephen      L. Price                                                                                                                                                                                                                                                                                                                          | Date                                                                                                                                                                                                                                                                                            |
| President,      Principal Executive Officer                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                            |
| And      Chairman of the Board of Directors                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                            |
| By:  /s/ Guy W.      Harris                                                     | May 15,      2009                                              |
| Guy      W. Harris                                                                                                                                                                                                                                                                                                                             | Date                                                                                                                                                                                                                                                                                            |
| Principal      Financial Officer                                                                                                                                                                                                                                                                                                               |                                                                                                                                                                                                                                                                                            |
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