----

----

the termination of the 2007 ORDER. TheBANK further consents and agrees to comply with the provisions of theORDER upon its entry. The terms of this STIPULATION are incorporated byreference into said ORDER.

----

----

----

1811et seq.) at 12 U.S.C. § 1813(u),successors, assigns, and other persons participating in the conduct andaffairs of the Bank, shall CEASE AND DESIST from the following unsafe and unsound practices and violations ofapplicable regulatory guidance relating to financialinstitutions:

| 1. | Within      30 days of the effective date of this ORDER, the Bank's Board of Directors      ("Board") shall establish a Committee ("Compliance Committee") consisting      of at least five members, responsible for ensuring compliance by the Bank      with this ORDER. The majority of members of the Compliance Committee shall      be independent directors as defined herein.The |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Compliance      Committee shall monitor compliance with this ORDER, and within 60 days      from the effective date of this ORDER, and every 30 days thereafter,      shall submit a written report |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | detailing      the Bank's compliance with this ORDER to the Board, for review and      consideration |
|--------|------------------------------------------------------------------------------------------------------|

|   | during      its regularly scheduled meeting. The compliance report and any discussion      related to the report or ORDER shall be incorporated into the minutes of      the meeting of the Board. Nothing contained herein shall diminish the      responsibility of the entire Board to ensure compliance with the      provisions of this ORDER. For the purposes of this.ORDER, an "independent      director" shall be an individual who is a member of the Bank's Board and      is not employed in any capacity by the Bank, any of its subsidiaries, or      affiliated organizations, other than as a director, or is otherwise deemed      to be an independent director for purposes of this ORDER by the Office and      the Federal Deposit Insurance Corporation ("FDIC") (collectively, the      "Supervisory Authorities"). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Within      30 days of the effective date of this ORDER, the Board of Directors shall      establish |
|----|------------------------------------------------------------------------------------------------------|

|   | a      search committee, comprised entirely of outside directors, to identify and      recruit new Board |
|--------|----------------------------------------------------------------------------------------------------------|

|   | members      with sufficient expertise to return the bank to a safe and sound      condition. Within 90 |
|--------|---------------------------------------------------------------------------------------------------------|

|   | days      the Board shall have identified three additional qualified members and      submitted them to |
|--------|---------------------------------------------------------------------------------------------------------|

|   | the      Supervisory Authorities for their review in accordance with paragraph      6. |
|--------|----------------------------------------------------------------------------------------|

----

| 3. | Within      60 days of the effective date of this ORDER, the Bank's Compliance      Committee |
|----|-----------------------------------------------------------------------------------------------|

|   | shall      engage a qualified outside firm, acceptable to the Supervisory      Authorities, to perform a |
|--------|----------------------------------------------------------------------------------------------------------|

|   | review      of the Bank's management ("Management Review"). The Management Review      shall |
|--------|----------------------------------------------------------------------------------------------|

|   | make      an assessment of the Bank's staffing needs and determine whether the Bank      is adequately staffed by qualified personnel possessing the ability,      experience, training, and othernecessary |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | qualifications      required to perform present and anticipated duties. The qualifications of      management shall also be assessed in light of the current condition of the      Bank and |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | management's      contribution thereto, and on its abilityto: |
|--------|---------------------------------------------------------------|

|   | a. | Comply      with the requirements of thisORDER; |
|--------|----|-------------------------------------------------|

|   | b. | Operate      the Bank in a safe and soundmanner; |
|--------|----|--------------------------------------------------|

|   | c. | Comply      with applicable laws, regulations, and published regulatory guidance;      and |
|--------|----|--------------------------------------------------------------------------------------------|

|   | d. | Restore all aspects of the Bank      to a safe and sound condition, including: asset quality, capital adequacy,      earnings, liquidity, interest rate risk, and management      effectiveness. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Within      60 days of the effective date of this ORDER, the Compliance Committee      shall review, update, and expand the Management Succession Plan, last      approved by the Board of Directors on May 15, 2008, to identify successors      for all key officers. The updated plan shall be submitted to the      Supervisory Authorities for review andcomment. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | During the life of this ORDER,      the Board shall maintain its participation in the affairs of the Bank,      with full responsibility for the approval of sound policies and objectives      and for the supervision of all the Bank's      activities including compliance with this ORDER, consistent with the role      and expertise commonly expected for directors of banks of comparable size.      Detailed written      minutes of all Board and Board Committee meetings shall be maintained and      recorded on a timely basis fully documenting the review, discussion, and      approval or disapproval of all agenda items and any other matters      discussed at the meetings and shall include the names of any      dissenting directors on any matter. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | During      the life of this ORDER, the Bank shall notify the Supervisory Authorities      in writing when it proposes to add any individual to the Board or employ      any individual as an executive officer, as that term is defined in Section      655.005(1)(f), Florida Statutes, or as a senior executive officer as that      term is defined in Part 303 of the FDIC Rules and Regulations, 12 C.F.R. §      303.101, including, but not limited to, the president, chief executive      officer, Bank Secrecy Act officer, chief lending officer, chief financial      officer, chief credit officer, and chief operations officer. Such      notification must be received at least 60 days before such addition or      employment |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | is      intended to be effective and shall be in addition to any application or      prior approval requirements established by Section 655.0385, Florida      Statutes, or Section 32 of the FDI Act, 12 U.S.C. § 1831i, and      implementing regulations. All notifications to the Supervisory Authorities      shall, at a minimum, comply with the requirements set forth in Rule      69U-100.03852, Florida Administrative Code, and Section      32 of the FDI Act, 12 U.S.C. § 1831i, and Subpart F of Part 303 of the      FDIC Rules and Regulations, 12 C.F.R. §§ 303.100 through 303.103. The      Supervisory Authorities may specify, at their sole discretion, such      additional information or notice requirements for the Bank to submit as      may be deemed necessary to properly evaluate the proposed individual(s).      The Bank shall not add or employ any proposed individual(s) if either of      the Supervisory Authorities issues a written notice of      disapproval. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | CAPITAL |
|--------|---------|

| 7. | Within 30 days, the Bank shall      submit to the Supervisory Authorities a Capital Plan satisfactory to the      Supervisory Authorities for maintaining the following capital ratios, as      defined in Part 325 of the FDIC Rules and Regulations, 12 C.F.R. §      325.103: |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Tier      1 Leverage Capital Ratio of at least 8.0  percent, |
|--------|----|--------------------------------------------------------------|

|   | b. | Tier      1 Risk Based Capital Ratio of at least 10.0 percent,  and |
|--------|----|---------------------------------------------------------------------|

|   | c. | Total      Risk Based Capital Ratio of at least 12.0  percent. |
|--------|----|----------------------------------------------------------------|

the Bank's assets, the Bank'santicipated level of earnings, funding of the Allowance for Loan and LeaseLosses ("ALLL"), and available sources of capital. Within 30 days from receiptof any comment from the Supervisory Authorities, and after due consideration ofany recommended

| 8. | During      the life of this ORDER, the Bank's Tier 1 Leverage Capital Ratio shall be      maintained at no less than 8.0 percent, the Tier I Risk Based Capital      Ratio at no less than 10.0 percent and Total Risk Based Capital Ratio at      no less than 12.0 percent. In the event these capital ratios fall below      the required percentages at the end of any calendar quarter, the Bank      shall notify the Supervisory Authorities of the capital deficiency within      ten days and shall increase capital by an amount sufficient to raise the      ratio to the required percentages prior to the next quarter end. Any      capital infusion or restoration plan that would tesult in the direct or      indirect acquisition of control of the Bank, as set forth in Sections      658.27 and 658.28, Florida Statutes, or Section 7{j) of the      FDI Act, 12 U.S.C. § 1817(j), and the implementing FDIC rules as      set forth in 12 C.F.R. Part 303, Subpart E, shall require the prior      notice to, and approval of, the Supervisory Authorities before the      execution of such plan. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | During      the life of this ORDER, the Bank shall not declare or pay any dividends or      make |
|----|--------------------------------------------------------------------------------------------------|

|   | any      other capital distributions without the prior written approval of the      Supervisory Authorities. All requests for prior approval shall be received      by the Supervisory Authorities at least 30 days prior to the proposed      dividend or distribution declaration date and shall contain, but not be      limited to, current and projected information on earnings, cash flow,      capital, asset quality, and ALLL needs of the  Bank. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | ASSET      QUALITY |
|--------|--------------------|

| 10. | Within      30 days, the Bank shall eliminate from its books, by collection,      charge-off, or other |
|-----|--------------------------------------------------------------------------------------------------------|

|   | proper      entries, all assets or portions of assets classified "Loss" in the Report,      which have not |
|--------|------------------------------------------------------------------------------------------------------------|

|   | been      previously collected or charged off, unless approved in writing by the      Supervisory |
|--------|---------------------------------------------------------------------------------------------------|

|   | Authorities.      As long as this ORDER remains in effect, the Bank shall, within 30 days of      receipt of any official Report of Examination of the Bank from the      Supervisory Authorities, eliminate from its books by collection,      charge-off, or other proper entries, all assets or portions of assets      classified "Loss" which have not been previously collected or charged off,      unless approved in writing by the Supervisory Authorities. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | Within 30 days of the effective      date of this ORDER, the Board shall establish a Special Assets      Committee, the majority of which shall be comprised of outside directors.      Active officers participating in the Special Assets Committee shall not      have had any role in the underwriting or approval of assets subject to      this committee. The Special Assets Committee shall oversee loan and Other      Real Estate Owned (OREO) workout efforts and approve all major aspects of      loan and OREO improvement plans, including the Classified Assets Plan      developed pursuant to paragraph 12 of this ORDER. The committee shall meet      no less often than monthly. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | Within      60 days from the effective date of this ORDER, under supervision of the      Special Assets Committee established pursuant to paragraph 11 of this      ORDER, the Bank shall formulate a written plan to reduce the Bank's risk      exposure in each asset, or relationship, in excess of $500,000 and      classified "Substandard" or "Doubtful" in the Report, or classified "Loss"      but permitted to remain on the books pursuant to written approval of the      Supervisory Authorities ("Classified Assets Plan"). For purposes of this      provision, "reduce" means to collect, charge off, or improve the quality      of an asset so as to warrant its removal from adverse classification by      the Supervisory Authorities. In developing the Classified Assets Plan      mandated by this paragraph, the Bank shall, at a minimum, and with respect      to each adversely classified loan or lease, review, analyze, and document      the financial position of the borrower, including source of repayment,      repayment ability, and alternative repayment sources, as well as the value      and accessibility of any pledged or assigned collateral, and any possible      actions to improve the Bank's collateral  position. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | In      addition, the Classified Assets Plan mandated by this provision shall also      include, but not be limited to, thefollowing: |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | i. | A      schedule for reducing the outstanding dollar amount of each of these      adversely classified assets; |
|--------|----|---------------------------------------------------------------------------------------------------------------|

|   | ii. | Specific action plans intended to      reduce the Bank's risk exposure in eachclassified      asset; |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | iii. | A      schedule showing, on a quarterly basis, the expected consolidated balance      of all adversely classified assets, and the ratio of the consolidated      balance to the Bank's projected Tier 1 capital plus the    ALLL; |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | iv. | A      provision for the Bank's submission of monthly written progress reports to      the Board; and |
|--------|-----|-------------------------------------------------------------------------------------------------------|

|   | v. | A      provision mandating Board review of the progress reports, with a notation      of the review recorded in the minutes of the meeting of the      Board. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | The      Classified Assets Plan mandated by this provision shall further require a      reduction in the aggregate balance of assets classified "Substandard" and      "Doubtful" in the Report, or classified "Loss" but permitted to remain on      the books pursuant to paragraph 10, in accordance with the following      schedule: |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | i. | Within      120 days of the effective date of this ORDER, to not more than 130 percent      of Tier I capital plus the ALLL as determined at the end of the four month      period; |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ii. | Within      210 days of the effective date of this ORDER, to not more than 100 percent      of Tier 1 capital plus the ALLL as determined at the end of the seven      month period; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | iii. | Within      360 days of the effective date of this ORDER, to not more than 60 percent      of Tier l capital plus the ALLL as determined at the end of the one year      period. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | Within      60 days of the effective date of this ORDER, the Bank shall submit the      Classified |
|-----|----------------------------------------------------------------------------------------------------|

|   | Assets      Plan to the Supervisory Authorities for review and comment. Within 30 days      from |
|--------|--------------------------------------------------------------------------------------------------|

|   | receipt      of any comment from the Supervisory Authorities, and after due      consideration of any recommended changes, the Bank shall approve the      Classified Assets Plan, which approval shall be recorded in the minutes:      of the Board meeting. Thereafter, under supervision of the Special Assets      Committee, the Bank shall implement and fully comply with the Classified      Assets Plan. The Special Assets managing officer, as required by paragraph      17, shall oversee efforts made to reduce adversely classified assets.      Progress reports required by paragraph 31 shall include copies of the      Classified Assets Plan's monthly progress reports provided to the      Board. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 14. | While      this ORDER is in effect, the Bank shall not extend, directly or      indirectly, any |
|-----|-------------------------------------------------------------------------------------------------|

|   | additional      credit to, or for the benefit of, any borrower who has a loan or other      extension of credit or obligation with the Bank that has been, in whole or      in part, charged off or classified "Loss" or "Doubtful" by either of the      Supervisory Authorities or any internal or external reviewer of asset      quality and is uncollected. The requirements of this paragraph shall not      prohibit the Bank from renewing any credit already extended to the      borrower after collecting in cash all interest and fees due from the      borrower. This paragraph shall not apply if the Bank's failure to extend      further credit to a particular borrower would be detrimental to the best      interests of the Bank. Prior to extending additional credit pursuant to      this paragraph, whether in the form of a renewal, extension, or further      advance of funds, such additional credit shall be approved by the Board,      or a designated committee thereof, who shall certify, in      writing: |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Why      failure of the Bank to extend such credit would be detrimental to the best      interests of the Bank; |
|--------|----|-----------------------------------------------------------------------------------------------------------------|

|   | b. | That the extension of such credit      would improve the Bank's position, is necessary to protect the Bank's      interests, and is adequately secured, including an explanatory      statement of how the Bank's position would  improve; |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | That      an appropriate workout plan has been developed and will be implemented in      conjunction with the additional credit to be  extended; |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d. | All      necessary loan documentation is on file, including, at a minimum, current      financial and cash flow information, and satisfactory appraisal, title and      lien documents; and |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | e. | The      signed certification shall be made a part of the minutes of the Board or      designated committee meeting with a copy retained in the borrower's credit      file. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15. | While this ORDER is in effect,      the Bank shall not extend, directly or indirectly, any additional credit      to, or for the benefit of, any borrower whose loans are adversely      classified "Substandard" by either of the Supervisory Authorities or any      internal or external reviewer of asset quality, without prior      approval by the Board, or a designated committee thereof. The Board      or committee shall      not approve the proposed extension without first making affirmative      determinations that: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | The      extension of credit is in full compliance with the Bank's loan      policy; |
|--------|----|--------------------------------------------------------------------------------------|

|   | b. | The extension of credit is      necessary to protect the Bank's interests, or is adequately      secured; |
|--------|----|-----------------------------------------------------------------------------------------------------------|

|   | c. | The Bank found the primary and      secondary obligors to be creditworthy based on a credit      analysis; |
|--------|----|------------------------------------------------------------------------------------------------------------|

|   | d. | All      necessary loan documentation is on file, including, at a minimum, current      financial and cash flow information, and satisfactory appraisal, title and      lien documents; and |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | e. | The      Board's affirmative determination is recorded in the minutes of the Board      or designated committee meeting with a copy retained in the borrower's      credit file. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16. | Within 45 days of the effective      date of this ORDER, the Special Assets Committee shall perform an      evaluation of the Special Assets Department to identify any management or      staffing needs necessary to properly manage the deteriorating asset      quality. The evaluation shall be reduced to writing and submitted to the      Supervisory Authorities for review andcomment. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 17. | Within      60 days of the effective date of this ORDER, the Special Assets Department      shall be reorganized so that: |
|-----|---------------------------------------------------------------------------------------------------------------------------|

|   | a. | It is managed by a qualified      executive officer with adequate training, proven workout      experience, and who has been delegated full authority and resources      to implement the Classified Assets Plan developed pursuant to paragraph 12      of this ORDER, and who has not had any role in underwriting or approval of      assets subject to Special Assets Committee oversight;  and |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | The      Special Assets Department managing officer shall report to the Special      Assets Committee which shall oversee efforts made to reduce adversely      classified assets. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 18. | Within      60 days of the effective date of this ORDER, written policies and      procedures |
|-----|-----------------------------------------------------------------------------------------------|

|   | supporting      the Special Assets Department shall be revised and updated    to: |
|--------|-----------------------------------------------------------------------------------|

|   | a. | Give      necessary authority to the Special Assets Department and managing officer      to take measures necessary to resolve asset  problems; |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | Clearly      identify the workout function of thedepartment; |
|--------|----|--------------------------------------------------------------|

|   | c. | Clearly      establish accountability of department  personnel; |
|--------|----|-----------------------------------------------------------------|

|   | d. | Address      the timing of placing an asset into the  department; |
|--------|----|-------------------------------------------------------------------|

|   | e. | Address      collection procedures fully, including but not limited to the steps,      timing and sequence of collectionmeasures; |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------|

|   | f. | Establish      reduction schedules or goals for the level of adversely classified assets;      and |
|--------|----|----------------------------------------------------------------------------------------------------|

| g. | Establish      the proper accounting treatment for carrying foreclosed real estate and      repossessed personal property in accordance with Section 658.67(9),      Florida Statutes. | In      the next progress report required by paragraph 31 following their      preparation, copies of |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|

|   | the      revisions shall be submitted to the Supervisory Authorities for review      and' comment. Within 30 days of receipt of such comments from the      Supervisory Authorities, and after consideration of such comments, the      Board shall approve the revised policies and procedures, which approval      shall be recorded in the minutes of the Board meeting. Thereafter, the      revised policies and procedures shall be fully enforced by the Board and      the Bank's management. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19. | Within      30 days of the effective date of this ORDER, the Bank shall develop a plan      to |
|-----|------------------------------------------------------------------------------------------------|

|   | address      loan administration and underwriting deficiencies noted in the Report      ("Underwriting Plan"), including: |
|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | a. | Consistency      in complying with Loan Policy requirements to evaluate global cash flows.      An evaluation of global cash flows includes, but is not necessarily      limited to, |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | consideration      of all cash flows of borrowers and guarantors that are      potentially |
|--------|--------------------------------------------------------------------------------------------|

|   | available      to meet all debt servicing requirements and, as compared to those      debt |
|--------|--------------------------------------------------------------------------------------------|

|   | servicing      requirements, consider how they are scheduled to change over      time; |
|--------|----------------------------------------------------------------------------------------|

|   | b. | Appropriate      appraisal review practices and the inclusion of appraisal review reports      in the loan files; and, |
|--------|----|------------------------------------------------------------------------------------------------------------------------|

|   | c. | Ceasing      to make any extension or renewal of loans for more than 12 months without      principal reductions as currently required by the Bank's      policy. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20. | Within      60 days of the effective date of this ORDER, the Bank shall enhance its      internal |
|-----|---------------------------------------------------------------------------------------------------|

|   | loan      review function so that review ratings accurately reflect credit      quality. |
|--------|------------------------------------------------------------------------------------------|

| 21. | Within      60 days from the effective date of this ORDER, the Bank's Loan Policy      shall be revised to address the deficiencies noted in the Report. The      revisions shall include, in addition to those prescribed elsewhere in this      ORDER, the following: |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Clear      identification of the Bank's tradearea; |
|--------|----|----------------------------------------------------|

|   | b. | Requirement      that loan offerings accurately identify the loan purpose and the sources      of repayment other than sale of thecollateral; |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | Debt-service      coverage limits; |
|--------|----|------------------------------------|

|   | d. | Guidance      of the December 13, 2006, Interagency Policy Statement on the Allowance      for Loan and Lease Losses; |
|--------|----|-----------------------------------------------------------------------------------------------------------------------|

|   | e. | Requirement      for the approval of the Board or Committee for advancing new funds to any      adversely classified borrower; and, |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------|

|   | f. | Guidelines      for obtaining new appraisals. |
|--------|----|-----------------------------------------------|

----

| 22. | Within      30 days from the effective date of this ORDER, the Bank shall review its      concentrations of credit as listed on page 76 of the      Report to identify the level of risk and develop a written plan, approved      by its Board and acceptable to the Supervisory Authorities, to      systematically reduce the Bank's level of concentration risk      ("Concentration Plan"), which, at a minimum, shall  include: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Percent      of capital to which the Bank shall reduce each    concentration; |
|--------|----|-------------------------------------------------------------------------------|

|   | b. | Timeframes      for achieving the reduction in dollar levels identified in response to      subparagraph a; |
|--------|----|-------------------------------------------------------------------------------------------------------------|

|   | c. | Provisions      for the submission of monthly written progress reports to the Board for      review and notation in the minutes of its meetings;  and, |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d. | Procedures      for monitoring the Bank's compliance with the Concentration Plan. In      conjunction with preparing the' Concentration Plan, the Bank's management      and the |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Board      shall review and incorporate as appropriate in the Bank's policies and      procedures, the final joint agency guidance Concentrations in      Commercial Real Estate Lending, Sound Risk Management Practices as      set forth in the FDIC's Financial Institution Letter, FIL-104-2006, dated      December 12, 2006, and any subsequent amendments or guidance that may be      issued. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Plan and revised policies and procedures, whichapproval shall be recorded in the minutes of the Board meeting. Thereafter, theBank shall implement and fully comply with the Compliance Plan and the revisedpolicies and procedures.

| 23. | Within      60 days from the effective date of this ORDER, the Board shall develop a      written |
|-----|---------------------------------------------------------------------------------------------------|

|   | plan acceptable to the      Supervisory Authorities which will enable the Board and management to      monitor concentrations of risk in relation to Tier 1 capital and Total      Risk Based Capital as those are defined at Part 325 of the FDIC's Rules      and Regulations, 12 C.F.R. Part 325 ("Monitoring Plan"). At a minimum, the      Monitoring Plan shall include appropriate limits for concentrations of      credit by industry,      product line, type of collateral, geographic location, repayment source,      and borrower. The      Monitoring Plan shall specifically establish limits and identify the risks      associated with the      concentration of commercial real estate ("CRE") loans noted in the Report,      and address deficiencies in monitoring of concentrations noted in the      "Examination Conclusions and Comments" and "Risk      Management Assessment" schedules of the Report. Further, the Board shall identify procedures      for ascertaining compliance with the Monitoring Plan, and Bank management      shall be required to provide monthly reports to the Board regarding the      level and composition of concentrations. Any discussions by the Board, or      its designated committees, which are related to concentrations of risk      shall be recorded in the minutes of the Board's regular monthly      meetings. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | ALLOWANCE      FOR LOAN AND LEASE LOSSES (ALLL) |
|--------|-------------------------------------------------|

| 24. | Within      30 days from the effective date of this ORDER, the Board shall review the      adequacy of the ALLL. For the purpose of this provision of the ORDER, the      adequacy of the ALLL shall be determined after the charge off of all loans      or other items classified "Loss" in any Report of Examination from either      of the Supervisory Authorities. The policies of the Bank shall provide for      a review of the ALLL at least once each calendar quarter. Such reviews      shall be completed within at least ten (10) days of the end of each      quarter, in order that the findings of the Board with respect to the ALLL      may be properly reported in the quarterly Reports of Condition and Income.      Such reviews shall, at a minimum: |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Include      the results of the Bank's internal loan review, loan and lease loss      experience, trends of delinquent and nonaccrual loans, estimates of      potential loss exposure of significant credits, concentrations of credit,      present and prospective economic conditions, and extensions of credit      identified as "Special Mention" or adversely classified in the latest      Report of Examination by either of the Supervisory Authorities or in any      other report or document from an internal or external reviewer of asset      quality; and, |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | Incorporate      the standards- of the Federal Financial Institutions Examination Council's      Instructions for Preparation of Consolidated Reports of Condition and      Income, the Interagency Policy Statement on the Allowance for Loan and      Lease Losses, and other applicable regulatory guidance that addresses the      adequacy of the Bank's ALLL. Any deficiency in the ALLL shall be remedied      by a charge to current operatingearnings |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  and      reflected in the Reports of Condition and Income for the calendar quarter      to which it applies. The      minutes of the Board meeting at which such review is undertaken shall      indicate the results of the review. The Bank's policy for      determining the adequacy of the ALLL and its implementation shall be      satisfactory to the Supervisory Authorities at subsequent examinations      and/or visitations. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | EARNINGS |
|--------|----------|

| 25. | Within      60 days from the effective date of this ORDER, the Bank shall formulate      and implement a written plan to improve earnings ("Earnings Plan"). During      the life of this ORDER, the      Earnings Plan and any subsequent modifications thereto shall be promptly      submitted to the Supervisory Authorities for review and comment      within ten days after approval and adoption by the Board. Each Earnings      Plan shall, at a minimum, describe the goals, strategies, and actions      necessary for improving and maintaining profitability, and shall include      realistic and comprehensive budgets with revenue and expense projections,      the operating assumptions that form the basis for major projected income      and expense components, a budget review process to compare actual      performance with the projections, and an Earnings Plan review process by      the Board not less than quarterly. In the next progress report required by      paragraph 31 following its preparation, the  Earnings |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Plan      shall be forwarded to the Supervisory Authorities. Within 30 days of      receipt of comments from the Supervisory Authorities, and after      consideration of such comments, the Board shall approve the Earnings Plan,      which approval shall be recorded in the minutes of the Board meeting.      Thereafter, the Bank shall implement and fully comply with the Earnings      Plan. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26. | The      Bank shall immediately revise its 2008 business plan and operating budget      and earnings forecast to reflect the continuing unsatisfactory asset      quality, the $8,295,000 additional provision for loan and lease losses      ("PLLL") in the second quarter, realistic future PLLL and their effects on      2008 earnings, and reasonable expectations for losses on sales of OREO. No      later than December 1, 2008, the bank shall finalize and submit to the      Supervisory Authorities a comprehensive business plan and budget and      earnings forecast for 2009 and 2010. The business plan and budget and      earnings forecast shall contain narrative comments which address the      Bank's expectations for asset growth rates and limitations, implementation      of the Earnings Plan required by paragraph 25 of this ORDER, and the      underlying assumptions used in determining the Bank's financial      projections. Thereafter, quarterly progress reports regarding the      Bank's |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | actual      performance compared with the budget plans shall be submitted concurrently      with other reporting requirements set forth in Paragraph 31 of this      ORDER. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | LIQUIDITY |
|--------|-----------|

| 27 | Upon      the effective date of this ORDER, and so long as this ORDER remains in      effect, the Bank shall not increase the amount of brokered deposits above      the amount outstanding as of the effective date of this    ORDER. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Within.      10 days of the effective date of this ORDER, the Bank shall submit to the      Supervisory Authorities for      review and comment a written plan for reducing its reliance on brokered      deposits ("Deposit Plan"), which shall detail the current composition of      brokered deposits by maturity and explain the means by which such      deposits will be      paid. Within 30 days of receipt and after consideration of all such      comments from the      Supervisory Authorities, the Board shall approve the revised Deposit Plan,      which approval shall be recorded in the minutes of the Board meeting.      Thereafter, the Bank      shall implement and fully comply with the Deposit Plan. For purposes of      this ORDER, brokered deposits are defined in Section 337.6(a)(2) of the      FDIC Rules and Regulations, 12 C.F.R. §337.6(a)(2); |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | During the life of this Order,      the Bank shall limit its use of brokered deposit funds and accounts to levels acceptable      to the Supervisory Authorities and in accordance with the Deposit Plan adopted      pursuant to this paragraph. Controls commensurate with the liquidity and funding      risks associated with the use of brokered deposits, as articulated-in the      May 2001 Joint Agency Advisory on Brokered and Rate-Sensitive Deposits, shall be implemented.      The Bank shall not accept brokered deposits except in compliance with the provisions      of Section 29 of the FDI Act, 12 U. S. C. § 1831 f, and Section      337.6 of the FDIC Rules and Regulations, 12 C.F.R. § 337.6;      and, |
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|   | c. | Within 30 days of the effective      date of this ORDER, the Bank's management shall prepare and implement      internal controls and reports that track the extent to which rates of      interest paid on new or renewed deposits vary from other interest rates in      accordance with the measures and methods of calculation specified in      Section 337.6 (b) of the FDIC Rules and  Regulations. |
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| 28. | During      the life of this ORDER, the Bank shall not borrow money or issue evidences      of |
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|   | indebtedness,      other than deposits, Federal Funds purchased, and Federal Home Loan      Bank |
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|   | borrowings      in compliance with all applicable state and/or federal banking regulations      and the other provisions of this ORDER, without first obtaining written      approval from the Supervisory Authorities. Every effort shall be made to      reduce the Net Non Core Funding Dependence ratio to 25 percent or      less. |
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|   | INTEREST      RATE RISK MANAGEMENT |
|--------|------------------------------------|

| 29 | Within      30 days of the effective date of thisORDER: |
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|   | a. | Minutes      of the Asset/Liability Committee shall document that members are      knowledgeable of and agree or disagree with assumptions used in the IPS      Sendero simulation model run by CompassBank; |
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|   | b. | Management shall quantify      significant rate and volume variances to help explain why actual results      are different from the forecasted results provided by the IPS Sendero      simulation model; and, |
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|   | c. | Internal      audit reviews of the IPS Sendero simulation model shall test the      mathematical accuracy of the model. |
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|   | VIOLATIONS      OF LAWS AND REGULATIONS |
|--------|-----------------------------------------|

| 30. | Within      30 days of the effective date of this ORDER, the Bank shall eliminate or      correct the violation of 12 C.F.R. 323.3(a) noted on page 29 of the Report      relating to real estate appraisals. |
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|   | PROGRESS      REPORTS |
|--------|-----------------------|

| 31 | Within 30 days after the end of      each calendar quarter following the effective date of this ORDER, the Bank      shall furnish written progress reports to the Supervisory Authorities detailing steps taken      to comply with the requirements of this ORDER. The requirements for progress reports      shall continue during the life of this ORDER unless modified or terminated      in writing by the Supervisory Authorities. All progress reports and      other written responses to this ORDER shall be reviewed. by the Board of      Directors and be made a part of the minutes of the Board meeting that      conducted the review. |
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TALLAHASSEE, FLORIDA 32399-1850, OR INTHE APPELLATE DISTRICT IN WHICH THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BEFILED WITHIN THIRTY (30) DAYS OF RENDITION OF THE FINAL ORDER TO BEREVIEWED.

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