|   | OF THE SECURITIES EXCHANGE   ACT OF 1934 |
|--------|---------------------------------------------------------|

|   | For the quarterly period ended June 30, 2010 |
|--------|----------------------------------------------|

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

|   | [   ]        TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) |
|--------|-----------------------------------------------------------------------------------------------------------------------|

|   | OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|----------------------------------------|

|   | For the transition period from _____________ to _____________ |
|--------|---------------------------------------------------------------|

| Tennessee(State or other jurisdiction ofincorporation or organization)                    | 26-0401680(I.R.S. Employer Identification No.) |
|-------------------------------------------------------------------------------------------|------------------------------------------------|
| 1430 Madison Street, Clarksville, Tennessee (Address of principal executive offices) | 37040(Zip Code)                                |

----

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Page   |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|     | Part I. Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Item 1.  | Condensed Consolidated Balance Sheets as of June 30, 2010 (unaudited) and December 31, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 1      |
|     | Unaudited - Condensed Consolidated Statements of Income for the Three Months  and Six Months Ended June 30, 2010 and 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2      |
|     | Unaudited - Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Six Months Ended June 30, 2010 and 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 3      |
|     | Unaudited - Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2010 and 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 4      |
|     | Notes to Condensed Consolidated Financial Statements (unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 5      |
| Item 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 13     |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                                                                                                      | 26     |
| Item 4.  | Controls and Procedures                                                                                                                                         | 26     |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
|     | Part II.  Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Item 1.  | Legal Proceedings                                                                                                                                               | 26     |
| Item 1A. | Risk Factors                                                                                                                                                    | 26     |
| Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 27     |
| Item 3.  | Defaults Upon Senior Securities                                                                                                                                 | 28     |
| Item 4.  | (Removed and Reserved)                                                                                                                                          | 28     |
| Item 5.  | Other Information                                                                                                                                               | 28     |
| Item 6.  | Exhibits                                                                                                                                                        | 28     |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
|     | SIGNATURES                                                                                                                                                      | 29     |

----

| First Advantage Bancorp                                                                                                                                                                                                                                      |   |        |    |   |         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|---------|--------|--------------|--------|
| Condensed Consolidated Balance Sheets                                                                                                                                                                                                                        |   |        |    |   |
| (Dollars in thousands, except per share amounts)                                                                                                                                                                                                             |   |        |    |   |         |   |
|                                                                                                                                                                                                                                                         |   | June 30,    |    |   | December 31, |   |
|                                                                                                                                                                                                                                                         |   | 2010        |    |   | 2009         |   |
|                                                                                                                                                                                                                                                         |   | (Unaudited) |    |   |         |   |
| Assets                                                                                                                                                                                                                                                       |   |        |    |   |         |   |
| Cash and due from banks                                                                                                                                                                                                                                      |   | $           | 5,845   |   |         | $      | 9,204 |   |
| Interest-bearing demand deposits with banks                                                                                                                                                                                                                  |   |        | 12,236  |   |         |   | 1,686 |   |
| Time deposits at other banks                                                                                                                                                                                                                                 |   |        | 747     |   |         |   | - |   |
| Federal funds sold                                                                                                                                                                                                                                           |   |        | 875     |   |         |   | 975 |   |
| Cash and cash equivalents                                                                                                                                                                                                                                    |   |        | 19,703  |   |         |   | 11,865 |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Available-for-sale securities, at fair value                                                                                                                                                                                                                 |   |        | 76,449  |   |         |   | 98,739 |   |
| Other investments                                                                                                                                                                                                                                            |   |        | 996     |   |         |   | - |   |
| Loans held for sale                                                                                                                                                                                                                                          |   |        | 2,837   |   |         |   | 2,265 |   |
| Loans, net of allowance for loan losses of $2,985 and $2,813 at June 30, 2010 and December 31, 2009, respectively                                                                                                                                       |   |        | 226,189 |   |         |   | 211,137 |   |
| Premises and equipment, net                                                                                                                                                                                                                                  |   |        | 7,810   |   |         |   | 7,903 |   |
| Other real estate owned                                                                                                                                                                                                                                      |   |        | 624     |   |         |   | 301 |   |
| Federal Home Loan Bank stock                                                                                                                                                                                                                                 |   |        | 2,988   |   |         |   | 2,988 |   |
| Accrued interest receivable                                                                                                                                                                                                                                  |   |        | 1,380   |   |         |   | 1,457 |   |
| Income taxes receivable                                                                                                                                                                                                                                      |   |        | 1,796   |   |         |   | 2,529 |   |
| Deferred tax asset                                                                                                                                                                                                                                           |   |        | 1,933   |   |         |   | 2,421 |   |
| Other assets                                                                                                                                                                                                                                                 |   |        | 2,384   |   |         |   | 2,619 |   |
| Total assets                                                                                                                                                                                                                                                 |   | $           | 345,089 |   |         | $      | 344,224 |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Liabilities and Shareholders' Equity                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Liabilities                                                                                                                                                                                                                                                  |   |        |    |   |         |   |   |   |
| Deposits                                                                                                                                                                                                                                                     |   |        |    |   |         |   |   |   |
| Demand                                                                                                                                                                                                                                                       |   | $           | 17,918  |   |         | $      | 19,426 |   |
| Savings, checking and money market                                                                                                                                                                                                                           |   |        | 117,313 |   |         |   | 109,706 |   |
| Time certificates                                                                                                                                                                                                                                            |   |        | 83,007  |   |         |   | 87,108 |   |
| Total deposits                                                                                                                                                                                                                                               |   |        | 218,238 |   |         |   | 216,240 |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Securities sold under agreement to repurchase                                                                                                                                                                                                                |   |        | 8,571   |   |         |   | 6,883 |   |
| Federal Home Loan Bank advances                                                                                                                                                                                                                              |   |        | 13,000  |   |         |   | 13,000 |   |
| Borrowings with other banks                                                                                                                                                                                                                                  |   |        | 35,000  |   |         |   | 35,000 |   |
| Interest payable and other liablilities                                                                                                                                                                                                                      |   |        | 2,226   |   |         |   | 2,575 |   |
| Total liabilities                                                                                                                                                                                                                                            |   |        | 277,035 |   |         |   | 273,698 |   |
| Commitments and contingencies                                                                                                                                                                                                                                |   |        | -       |   |         |   | - |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Shareholders' Equity                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| Preferred stock, $0.01 par value, 10,000,000 shares authorized no shares outstanding at June 30, 2010 or December 31, 2009                                                                                                                              |   |        | -       |   |         |   | - |   |
| Common stock, $0.01 par value 50,000,000 shares authorized,   4,795,795 shares issued and 4,188,048 outstanding at June 30, 2010   and 5,171,395 shares issued and 4,470,984 outstanding at   December 31, 2009 |   |        | 48      |   |         |   | 52 |   |
| Additional paid in capital                                                                                                                                                                                                                                   |   |        | 48,524  |   |         |   | 51,915 |   |
| Common stock acquired by benefit plan:                                                                                                                                                                                                                       |   |        |    |   |         |   |   |   |
| Restricted stock                                                                                                                                                                                                                                             |   |        | (877    | )      |         |   | (837 | ) |
| Unallocated common stock held by:                                                                                                                                                                                                                            |   |        |    |   |         |   |   |   |
| Employee Stock Ownership Plan trust                                                                                                                                                                                                                          |   |        | (3,496  | )      |         |   | (3,496 | ) |
| Benefit plans                                                                                                                                                                                                                                                |   |        | (2,786  | )      |         |   | (2,773 | ) |
| Retained earnings                                                                                                                                                                                                                                            |   |        | 23,363  |   |         |   | 23,210 |   |
| Accumulated other comprehensive income                                                                                                                                                                                                                       |   |        | 3,278   |   |         |   | 2,455 |   |
| Total shareholders' equity                                                                                                                                                                                                                                   |   |        | 68,054  |   |         |   | 70,526 |   |
| Total liabilities and shareholders' equity                                                                                                                                                                                                                   |   | $           | 345,089 |   |         | $      | 344,224 |   |
|                                                                                                                                                                                                                                                         |   |        |    |   |         |   |   |   |
| See accompanying notes to unaudited condensed consolidated financial statements.                                                                                                                                                                             |   |

----

| First Advantage Bancorp                                                          |   |               |      |   |             |   |      |   |   |   |      |   |
|----------------------------------------------------------------------------------|--------|--------------------|-----------|--------|------------------|--------|-----------|--------|--------|--------|-----------|--------|
| Unaudited - Condensed Consolidated Statements of Income                          |   |               |      |   |
| (Dollars in thousands, except share and per share data)                          |   |               |      |   |
|                                                                             |   | Three Months Ended |      |   | Six Months Ended |   |
|                                                                             |   | June 30,           |      |   | June 30,         |   |
|                                                                             |   | 2010               |      |   | 2009             |   |      | 2010   |   |   | 2009      |   |
| Interest and dividend income                                                     |   |               |      |   |             |   |      |   |   |   |      |   |
| Loans                                                                            |   | $                  | 3,388     |   |             | $      | 2,749     |   |   | $      | 6,608     |   |   | $ | 5,353 |   |
| Investment securities                                                            |   |               | 953       |   |             |   | 1,397     |   |   |   | 2,043     |   |   |   | 3,013 |   |
| Other                                                                            |   |               | 68        |   |             |   | 66        |   |   |   | 123       |   |   |   | 136 |   |
| Total interest and dividend income                                               |   |               | 4,409     |   |             |   | 4,212     |   |   |   | 8,774     |   |   |   | 8,502 |   |
| Interest expense                                                                 |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Deposits                                                                         |   |               | 821       |   |             |   | 1,178     |   |   |   | 1,735     |   |   |   | 2,397 |   |
| Borrowings                                                                       |   |               | 463       |   |             |   | 451       |   |   |   | 906       |   |   |   | 922 |   |
| Total interest expense                                                           |   |               | 1,284     |   |             |   | 1,629     |   |   |   | 2,641     |   |   |   | 3,319 |   |
| Net interest income                                                              |   |               | 3,125     |   |             |   | 2,583     |   |   |   | 6,133     |   |   |   | 5,183 |   |
| Provision for loan losses                                                        |   |               | 232       |   |             |   | 159       |   |   |   | 459       |   |   |   | 327 |   |
| Net interest income after provision for loan losses                              |   |               | 2,893     |   |             |   | 2,424     |   |   |   | 5,674     |   |   |   | 4,856 |   |
| Noninterest income                                                               |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Service charges on deposit accounts and other fees                               |   |               | 298       |   |             |   | 297       |   |   |   | 604       |   |   |   | 577 |   |
| Loan servicing and other fees                                                    |   |               | 24        |   |             |   | 15        |   |   |   | 45        |   |   |   | 31 |   |
| Net gains on sales of mortgage loans held for sale                               |   |               | 342       |   |             |   | 419       |   |   |   | 563       |   |   |   | 698 |   |
| Net realized gain on sales of available-for-sale securities                      |   |               | 70        |   |             |   | 5         |   |   |   | 77        |   |   |   | 5 |   |
| Insurance and brokerage commissions                                              |   |               | 25        |   |             |   | 33        |   |   |   | 70        |   |   |   | 62 |   |
| Other                                                                            |   |               | 8         |   |             |   | 8         |   |   |   | 12        |   |   |   | 12 |   |
| Total noninterest income                                                         |   |               | 767       |   |             |   | 777       |   |   |   | 1,371     |   |   |   | 1,385 |   |
| Noninterest expense                                                              |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Salaries and employee benefits                                                   |   |               | 1,623     |   |             |   | 1,523     |   |   |   | 3,149     |   |   |   | 2,992 |   |
| Net occupancy                                                                    |   |               | 168       |   |             |   | 199       |   |   |   | 336       |   |   |   | 338 |   |
| Equipment                                                                        |   |               | 186       |   |             |   | 170       |   |   |   | 362       |   |   |   | 320 |   |
| Data processing                                                                  |   |               | 217       |   |             |   | 241       |   |   |   | 444       |   |   |   | 484 |   |
| Professional fees                                                                |   |               | 96        |   |             |   | 66        |   |   |   | 197       |   |   |   | 232 |   |
| Marketing                                                                        |   |               | 68        |   |             |   | 110       |   |   |   | 136       |   |   |   | 164 |   |
| Office expense                                                                   |   |               | 64        |   |             |   | 65        |   |   |   | 136       |   |   |   | 146 |   |
| Loan collection and repossession expense                                         |   |               | 49        |   |             |   | 7         |   |   |   | 126       |   |   |   | 8 |   |
| Other                                                                            |   |               | 450       |   |             |   | 590       |   |   |   | 917       |   |   |   | 1,092 |   |
| Total noninterest expense                                                        |   |               | 2,921     |   |             |   | 2,971     |   |   |   | 5,803     |   |   |   | 5,776 |   |
| Income before income taxes                                                       |   |               | 739       |   |             |   | 230       |   |   |   | 1,242     |   |   |   | 465 |   |
| Provision for income taxes                                                       |   |               | 408       |   |             |   | 89        |   |   |   | 584       |   |   |   | 155 |   |
| Net income                                                                       |   | $                  | 331       |   |             | $      | 141       |   |   | $      | 658       |   |   | $ | 310 |   |
| Per common share:                                                                |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Basic net income per common share                                                |   | $                  | 0.08      |   |             | $      | 0.03      |   |   | $      | 0.15      |   |   | $ | 0.07 |   |
| Diluted net income per common share                                              |   | $                  | 0.08      |   |             | $      | 0.03      |   |   | $      | 0.15      |   |   | $ | 0.07 |   |
| Basic weighted average common shares outstanding                                 |   |               | 4,303,639 |   |             |   | 4,520,674 |   |   |   | 4,404,871 |   |   |   | 4,531,018 |   |
| Diluted weighted average common shares outstanding                               |   |               | 4,342,942 |   |             |   | 4,577,458 |   |   |   | 4,438,658 |   |   |   | 4,591,225 |   |
|                                                                             |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| See accompanying notes to unaudited condensed consolidated financial statements. |   |

----

| First Advantage Bancorp                                                                                |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   |   |   |
|--------------------------------------------------------------------------------------------------------|--------|--------------|-----------|--------|---------|--------|--------|------------|--------|--------|-------------|--------|--------|---------------|--------|--------|---------------|--------|--------|--------|--------|
| Unaudited - Condensed Consolidated Statements of Stockholders' Equity                                  |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |
| Six Months Ended June 30, 2010 and 2009                                                                |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |
| (Dollars in thousands, except per share amounts)                                                       |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |
|                                                                                                   |   |         |      |   |    |   |   |       |   |   |        |   |   | Common        |   |   | Accumulated   |   |   |   |   |
|                                                                                                   |   |         |      |   |    |   |   | Additional |   |   |        |   |   | Stock         |   |   | Other         |   |   | Total  |   |
|                                                                                                   |   | Common Stock |      |   | Paid-in |   |   | Retained   |   |   | Acquired by |   |   | Comprehensive |   |   | Stockholders' |   |
|                                                                                                   |   | Shares       |      |   | Stock   |   |   | Capital    |   |   | Earnings    |   |   | Benefit Plans |   |   | Income        |   |   | Equity |   |
| Balance at January 1, 2009                                                                             |   |         | 5,264,683 |   |    | $      | 53     |       |   | $      | 52,258      |   |   | $             | 23,872 |   |          | $      | (7,744 | )      |   | $ | 1,822 |   |   | $ | 70,261 |   |
| Cumulative effect of change in   accounting principle,  adoption of FSP 115-2 and 124-2 |   |         |      | 22     |    |   |   |       |   |   |        | (22    | )      |          |   | -      |          |
| Comprehensive income, net of tax:                                                                      |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |
|   Net income                                                                                 |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | 310    |   |          |   | -      |   |   |   | - |   |   |   | 310 |   |
| Change in unrealized depreciation   of available-for-sale  securities, net of tax            |   |         |      | -      |    |   |   |       |   |   |        | -      |   |          |   | -      |          |   |   | (279   | )      |   |   | (279 | ) |
| Total comprehensive income                                                                             |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | -      |   |          |   | -      |   |   |   | - |   |   |   | 31 |   |
| Treasury stock purchase/retire                                                                         |   |         | (65,350   | )      |    |   | (1     | )          |   |   | (618        | )      |   |          |   |   |          |   |   |   |   |   |   |   |   |   | (619 | ) |
| Dividends paid ($0.05 per common share)                                                                |   |         |      |   |    |   | -      |       |   |   |        |   |   |          | (455   | )      |          |   | -      |   |   |   | - |   |   |   | (455 | ) |
| Purchase restricted stock plan shares                                                                  |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   | (53    | )      |   |   |   |   |   |   | (53 | ) |
| Stock-based compensation expense                                                                       |   |         |      |   |    |   | -      |       |   |   | 589         |   |   |          | -      |   |          |   | -      |   |   |   | - |   |   |   | 589 |   |
| Balance at June 30, 2009                                                                               |   |         | 5,199,333 |   |    | $      | 52     |       |   | $      | 52,229      |   |   | $             | 23,749 |   |          | $      | (7,797 | )      |   | $ | 1,521 |   |   | $ | 69,754 |   |
|                                                                                                   |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |
| Balance at January 1, 2010                                                                             |   |         | 5,171,395 |   |    | $      | 52     |       |   | $      | 51,915      |   |   | $             | 23,210 |   |          | $      | (7,106 | )      |   | $ | 2,455 |   |   | $ | 70,526 |   |
| Comprehensive income:                                                                                  |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |
|   Net income                                                                                 |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | 658    |   |          |   | -      |   |   |   | - |   |   |   | 658 |   |
| Change in unrealized appreciation   of available-for-sale  securities, net of tax            |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   | 823    |   |   |   | 823 |   |
| Total comprehensive income                                                                             |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | -      |   |          |   | -      |   |   |   | - |   |   |   | 1,481 |   |
| Treasury stock purchase/retire                                                                         |   |         | (375,600  | )      |    |   | (4     | )          |   |   | (4,015      | )      |   |          |   |   |          |   |   |   |   |   |   |   |   |   | (4,019 | ) |
| Dividends paid ($0.05 per common  share)                                                          |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | (505   | )      |          |   | -      |   |   |   | - |   |   |   | (505 | ) |
| Purchase restricted stock plan shares                                                                  |   |         |      |   |    |   | -      |       |   |   | -           |   |   |          | -      |   |          |   | (53    | )      |   |   | - |   |   |   | (53 | ) |
| Stock-based compensation expense                                                                       |   |         |      |   |    |   | -      |       |   |   | 624         |   |   |          | -      |   |          |   | -      |   |   |   | - |   |   |   | 624 |   |
| Balance at June 30, 2010                                                                               |   |         | 4,795,795 |   |    | $      | 48     |       |   | $      | 48,524      |   |   | $             | 23,363 |   |          | $      | (7,159 | )      |   | $ | 3,278 |   |   | $ | 68,054 |   |
|                                                                                                   |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |
| See accompanying notes to unaudited condensed financial statements.                                    |   |         |      |   |    |   |   |       |   |   |        |   |   |          |   |   |          |   |

----

| First Advantage Bancorp                                                                               |   |             |    |   |   |   |
|-------------------------------------------------------------------------------------------------------|--------|------------------|---------|--------|--------|--------|
| Unaudited - Condensed Consolidated Statements of Cash Flows                                           |   |             |    |   |   |   |
| (Dollars in thousands)                                                                                |   |             |    |   |   |   |
|                                                                                                  |   | Six Months Ended |    |
|                                                                                                  |   | June 30,         |    |
|                                                                                                  |   | 2010             |    |   | 2009   |   |
| Operating activities                                                                                  |   |             |    |   |   |   |
| Net income                                                                                            |   | $                | 658     |   |   | $      | 310 |   |
| Adjustments to reconcile net income to net cash  provided by (used in) operating activities |   |             |    |   |   |   |   |   |
| Provision for loan losses                                                                             |   |             | 459     |   |   |   | 327 |   |
| Depreciation, amortization and accretion                                                              |   |             | 468     |   |   |   | 516 |   |
| Deferred income taxes                                                                                 |   |             | (22     | )      |   |   | (5 | ) |
| Funding of mortgage loans held for sale                                                               |   |             | (25,409 | )      |   |   | (32,571 | ) |
| Proceeds from sales of mortgage loans held for sale                                                   |   |             | 25,400  |   |   |   | 28,319 |   |
| Net gains on sales of mortgage loans held for sale                                                    |   |             | (563    | )      |   |   | (698 | ) |
| Net realized gain on sales of available-for-sale securities                                           |   |             | (77     | )      |   |   | (5 | ) |
| Net loss on disposal of premises and equipment                                                        |   |             | 5       |   |   |   | 1 |   |
| Stock-based compensation                                                                              |   |             | 624     |   |   |   | 589 |   |
| Decrease in other assets                                                                              |   |             | 313     |   |   |   | 215 |   |
| Increase in other liabilities                                                                         |   |             | 384     |   |   |   | 174 |   |
| Net cash provided by (used in) operating activities                                                   |   |             | 2,240   |   |   |   | (2,828 | ) |
|                                                                                                  |   |             |    |   |   |   |   |   |
| Investing activities                                                                                  |   |             |    |   |   |   |   |   |
| Purchases of other investments                                                                        |   |             | (996    | )      |   |   | - |   |
| Purchases of securities available-for-sale                                                            |   |             | (3,000  | )      |   |   | (24,071 | ) |
| Proceeds from maturities of and repayments of available-for-sale securities                           |   |             | 26,548  |   |   |   | 35,218 |   |
| Net change in loans                                                                                   |   |             | (16,158 | )      |   |   | (10,244 | ) |
| Purchase of premises and equipment                                                                    |   |             | (228    | )      |   |   | (739 | ) |
| Proceeds from sale of other real estate owned                                                         |   |             | 323     |   |   |   | - |   |
| Net cash provided by  investing activities                                                  |   |             | 6,489   |   |   |   | 164 |   |
|                                                                                                  |   |             |    |   |   |   |   |   |
| Financing activities                                                                                  |   |             |    |   |   |   |   |   |
| Net increase in demand deposits, money market, checking and savings accounts                     |   |             | 6,099   |   |   |   | 18,518 |   |
| Net change in certificates of deposit                                                                 |   |             | (4,101  | )      |   |   | 2,883 |   |
| Net change in repurchase agreement and other short-term borrowings                                    |   |             | 1,688   |   |   |   | 1,747 |   |
| Net change Federal Home Loan Bank advances - short term                                               |   |             | -       |   |   |   | (10,550 | ) |
| Purchase and retirement of Company common stock                                                       |   |             | (4,019  | )      |   |   | (619 | ) |
| Dividends paid                                                                                        |   |             | (505    | )      |   |   | (455 | ) |
| Stock purchased  - restricted stock compensation plans                                      |   |             | (53     | )      |   |   | (53 | ) |
| Net cash (used in) provided by financing activities                                                   |   |             | (891    | )      |   |   | 11,471 |   |
| Increase in cash and cash equivalents                                                                 |   |             | 7,838   |   |   |   | 8,807 |   |
| Cash and cash equivalents, beginning of period                                                        |   |             | 11,865  |   |   |   | 12,243 |   |
| Cash and cash equivalents, end of period                                                              |   | $                | 19,703  |   |   | $      | 21,050 |   |
|                                                                                                  |   |             | 18,812  |   |   |   | 7,019 |   |
| Supplemental cash flow information:                                                                   |   |             |    |   |   |   |   |   |
| Other real estate owned acquired through foreclosure of real estate loans                             |   |             | 647     |   |   |   | 60 |   |
| Transfer of other real estate to loans                                                                |   |             | 140     |   |   |   | - |   |
| See accompanying notes to unaudited condensed consolidated financial statements.                      |   |             |    |   |   |   |   |   |

----

----

----

| (Dollars in thousands, except per share amounts) |   | Three Months Ended June 30, |      |   | Six Months Ended June 30, |   |
|-------------------------------------------------------|--------|-----------------------------|-----------|--------|---------------------------|--------|
|                                                  |   | 2010                        |      |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                                                  |   |                        |      |   |                      |   |   |   |   |   |   |   |
| Net income                                            |   | $                           | 331       |   |                      | $      | 141 |   |   | $ | 658 |   |   | $ | 310 |   |
|                                                  |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Weighted-average shares - Basic EPS                   |   |                        | 4,303,639 |   |                      |   | 4,520,674 |   |   |   | 4,404,871 |   |   |   | 4,531,018 |   |
| Weighted-average restricted shares -                  |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| 2007 Deferred Compensation Plan                       |   |                        | 7,137     |   |                      |   | 27,458 |   |   |   | 6,140 |   |   |   | 28,853 |   |
| 2008 Equity Incentive Plan                            |   |                        | 3,966     |   |                      |   | 5,929 |   |   |   | - |   |   |   | 8,588 |   |
| Weighted-average shares -                             |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| ESOP committed to be released - diluted EPS           |   |                        | 28,200    |   |                      |   | 23,397 |   |   |   | 27,647 |   |   |   | 22,766 |   |
| Weighted-average shares - Diluted EPS                 |   |                        | 4,342,942 |   |                      |   | 4,577,458 |   |   |   | 4,438,658 |   |   |   | 4,591,225 |   |
| Basic earnings per common share                       |   | $                           | 0.08      |   |                      | $      | 0.03 |   |   | $ | 0.15 |   |   | $ | 0.07 |   |
| Diluted earnings per common share                     |   | $                           | 0.08      |   |                      | $      | 0.03 |   |   | $ | 0.15 |   |   | $ | 0.07 |   |

| (Dollars in thousands)       |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                         |   | 2010                        |   |   | 2009                      |   |   | 2010 |   |   | 2009 |   |
|                         |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Balance, beginning of period |   | $                           | 2,803  |   |                      | $      | 2,329 |   |   | $ | 2,813 |   |   | $ | 2,175 |   |
| Provision charged to expense |   |                        | 232    |   |                      |   | 159 |   |   |   | 459 |   |   |   | 327 |   |
| Charge-offs                  |   |                        | (55    | )      |                      |   | (11 | ) |   |   | (300 | ) |   |   | (30 | ) |
| Recoveries                   |   |                        | 5      |   |                      |   | 4 |   |   |   | 13 |   |   |   | 9 |   |
| Balance, end of period       |   | $                           | 2,985  |   |                      | $      | 2,481 |   |   | $ | 2,985 |   |   | $ | 2,481 |   |

----

| June 30, 2010                              |   |      |   |   |       |   |   |       |   |   |        |        |
|--------------------------------------------|--------|-----------|--------|--------|------------|--------|--------|------------|--------|--------|-------------|-------------|
| (Dollars in thousands)                     |   |      |   |   |       |   |   |       |   |   |        |        |
|                                       |   |      |   |   | Gross      |   |   | Gross      |   |   | Approximate |        |
|                                       |   | Amortized |   |   | Unrealized |   |   | Unrealized |   |   | Fair        |        |
| Available-for-sale                         |   | Cost      |   |   | Gains      |   |   | Losses     |   |   | Value       |        |
| U. S. Treasury                             |   | $         | 4,748  |   |       | $      | 1,488  |       |   | $      | -           |        |   | $ | 6,236 |   |
| U. S. Government agencies and corporations |   |      | 3,999  |   |       |   | 76     |       |   |   | -           |        |   |   | 4,075 |   |
| Mortgage-backed securities                 |   |      | 50,512 |   |       |   | 3,190  |       |   |   | -           |        |   |   | 53,702 |   |
| Collateralized mortgage obligations        |   |      | 4,307  |   |       |   | 135    |       |   |   | (2          | )           |   |   | 4,440 |   |
| State and political subdivisions           |   |      | 7,547  |   |       |   | 286    |       |   |   | -           |        |   |   | 7,833 |   |
| Corporate debt securities                  |   |      | 24     |   |       |   | 139    |       |   |   | -           |        |   |   | 163 |   |
|      Total        |   | $         | 71,137 |   |       | $      | 5,314  |       |   | $      | (2          | )           |   | $ | 76,449 |   |
|                                       |   |      |   |   |       |   |   |       |   |   |        |        |   |   |   |   |
| December 31, 2009                          |   |      |   |   |       |   |   |       |   |   |        |        |   |   |   |   |
|                                       |   |      |   |   |       |   |   |       |   |   |        |        |   |   |   |   |
|                                       |   |      |   |   |       | Gross  |   |       | Gross  |   |        | Approximate |   |
|                                       |   | Amortized |   |   | Unrealized |   |   | Unrealized |   |   | Fair        |        |
| Available-for-sale                         |   | Cost      |   |   | Gains      |   |   | Losses     |   |   | Value       |        |
| U. S. Treasury                             |   | $         | 4,765  |   |       | $      | 1,296  |       |   | $      | -           |        |   | $ | 6,061 |   |
| U. S. Government agencies and corporations |   |      | 13,879 |   |       |   | 509    |       |   |   | (90         | )           |   |   | 14,298 |   |
| Mortgage-backed securities                 |   |      | 62,825 |   |       |   | 2,337  |       |   |   | (76         | )           |   |   | 65,086 |   |
| Collateralized mortgage obligations        |   |      | 4,795  |   |       |   | -      |       |   |   | (85         | )           |   |   | 4,710 |   |
| State and political subdivisions           |   |      | 8,466  |   |       |   | 178    |       |   |   | (90         | )           |   |   | 8,554 |   |
| Corporate debt securities                  |   |      | 30     |   |       |   | -      |       |   |   | -           |        |   |   | 30 |   |
|      Total        |   | $         | 94,760 |   |       | $      | 4,320  |       |   | $      | (341        | )           |   | $ | 98,739 |   |

| (Dollars in thousands)                                             |   | June 30, 2010      |   |
|--------------------------------------------------------------------|--------|--------------------|--------|
|                                                               |   | Available-for-sale |   |
|                                                               |   | Amortized          |   |   | Fair |   |
|                                                               |   | Cost               |   |   | Value |   |
| Due in one year or less                                            |   | $                  | -      |   |   | $ | - |   |
| Due after one but within five years                                |   |               | -      |   |   |   | - |   |
| Due after five but within ten years                                |   |               | 10,933 |   |   |   | 12,650 |   |
| Due after ten years                                                |   |               | 5,386  |   |   |   | 5,657 |   |
|                                                               |   |               | 16,319 |   |   |   | 18,307 |   |
| Mortgage-backed securities and collateralized mortgage obligations |   |               | 54,818 |   |   |   | 58,142 |   |
|                                                               |   | $                  | 71,137 |   |   | $ | 76,449 |   |

----

|                                            |   | June 30, 2010          |   |
|-------------------------------------------------|--------|------------------------|--------|
|                                            |   | (Dollars in thousands) |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                            |   | Less Than 12 months    |   |   | 12 months or more |   |   | Total |   |
|                                            |   | Approximate            |   |   | Gross |   |   | Approximate |   | Gross |   |   | Approximate |   | Gross |   |
|                                            |   | Fair                   |   |   | Unrealized |   |   | Fair |   |   | Unrealized |   |   | Fair |   |   | Unrealized |   |
| Available-for-sale                              |   | Value                  |   |   | Losses |   |   | Value |   |   | Losses |   |   | Value |   |   | Losses |   |
| U. S. Government agencies and corporations |   | $                      | -      |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Mortgage-backed securities                      |   |                   | -      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Collateralized mortgage obligations             |   |                   | 1,112  |   |   |   | (2 | ) |   |   | - |   |   |   | - |   |   |   | 1,112 |   |   |   | (2 | ) |
| State and political subdivisions                |   |                   | -      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Trust preferred securities                      |   |                   | -      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|      Total             |   | $                      | 1,112  |   |   | $ | (2 | ) |   | $ | - |   |   | $ | - |   |   | $ | 1,112 |   |   | $ | (2 | ) |
|                                            |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                            |   | December 31, 2009      |   |
|                                            |   | (Dollars in thousands) |   |
|                                            |   | Less Than 12 months    |   |   | 12 months or more |   |   | Total |   |
|                                            |   | Approximate            |   |   | Gross |   |   | Approximate |   | Gross |   |   | Approximate |   | Gross |   |
|                                            |   | Fair                   |   |   | Unrealized |   |   | Fair |   |   | Unrealized |   |   | Fair |   |   | Unrealized |   |
| Available-for-sale                              |   | Value                  |   |   | Losses |   |   | Value |   |   | Losses |   |   | Value |   |   | Losses |   |
| U. S. Government agencies and corporations |   | $                      | 4,910  |   |   | $ | (90 | ) |   | $ | - |   |   | $ | - |   |   | $ | 4,910 |   |   | $ | (90 | ) |
| Mortgage-backed securities                      |   |                   | 5,975  |   |   |   | (76 | ) |   |   | - |   |   |   | - |   |   |   | 5,975 |   |   |   | (76 | ) |
| Collateralized mortgage obligations             |   |                   | 4,710  |   |   |   | (85 | ) |   |   | - |   |   |   | - |   |   |   | 4,710 |   |   |   | (85 | ) |
| State and political subdivisions                |   |                   | 1,083  |   |   |   | (21 | ) |   |   | 545 |   |   |   | (69 | ) |   |   | 1,628 |   |   |   | (90 | ) |
| Trust preferred securities                      |   |                   | -      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|      Total             |   | $                      | 16,678 |   |   | $ | (272 | ) |   | $ | 545 |   |   | $ | (69 | ) |   | $ | 17,223 |   |   | $ | (341 | ) |

----

|                                                        |   |   |   |   |                                                          |   |
|-------------------------------------------------------------|--------|--------|--------|--------|---------------------------------------------------------------|--------|
| June 30, 2010                                               |   | Total  |   |   | Quoted Prices in Active Markets for Identical Assets(Level 1) |   |   | Significant Other Observable Inputs (Level 2) |   |   | Significant Unobservable Inputs (Level 3) |   |
| Assets:                                                     |   |   |   |   |                                                          |   |   |   |   |   |   |   |
|      Available for sale securities |   | $      | 76,449 |   |                                                          |   | -- |   |   | $ | 76,286 |   |   | $ | 163 |   |

| (Dollars in thousands)                                  |   |   |   |
|---------------------------------------------------------|--------|--------|--------|
| Balance, January 1, 2010                                |   | $      | 30     |   |
| Purchases, sales, issuances and settlements             |   |   | (6     | ) |
| Unrealized gains included in other comprehensive income |   |   | 139    |   |
| Balance, June 30, 2010                                  |   | $      | 163    |   |

----

----

|                                          |   | At June 30,            |    |
|-----------------------------------------------|--------|------------------------|---------|
|                                          |   | 2010                   |    |   | 2009 |   |
|                                          |   | CarryingAmount         |    |   | FairValue |   |   | CarryingAmount |   |   | FairValue |   |
|                                          |   | (Dollars in thousands) |    |
| Financial assets                              |   |                   |    |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                     |   | $                      | 19,703  |   |   | $ | 19,703 |   |   | $ | 21,050 |   |   | $ | 21,050 |   |
| Available-for-sale securities                 |   |                   | 76,449  |   |   |   | 76,449 |   |   |   | 117,221 |   |   |   | 117,221 |   |
| Loans held for sale                           |   |                   | 2,837   |   |   |   | 2,837 |   |   |   | 5,816 |   |   |   | 5,816 |   |
| Loans, net of allowance for loan losses       |   |                   | 226,189 |   |   |   | 225,401 |   |   |   | 186,269 |   |   |   | 185,836 |   |
| FHLB stock                                    |   |                   | 2,988   |   |   |   | 2,988 |   |   |   | 2,988 |   |   |   | 2,988 |   |
|                                          |   |                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Financial liabilities                         |   |                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                      |   | $                      | 218,238 |   |   | $ | 218,493 |   |   | $ | 208,208 |   |   | $ | 208,756 |   |
| Securities sold under agreement to repurchase |   |                   | 8,571   |   |   |   | 8,571 |   |   |   | 6,794 |   |   |   | 6,794 |   |
| FHLB advances                                 |   |                   | 13,000  |   |   |   | 13,798 |   |   |   | 28,000 |   |   |   | 28,361 |   |
| Other borrowings                              |   |                   | 35,000  |   |   |   | 37,631 |   |   |   | 35,000 |   |   |   | 35,631 |   |
|                                          |   |                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unrecognized financial instruments            |   |                   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loan commitments                              |   | $                      | -       |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Unused lines of credit                        |   |                   | -       |   |   |   | - |   |   |   | - |   |   |   | - |   |

----

----

----

----

----

----

|                                  |                                     |   |  Average Balance Sheet for the |    |
|---------------------------------------|------------------------------------------|--------|-------------------------------------|---------|
|                                  |                                     |   |  Three Months Ended June 30,   |    |
|                                  |                                     |   |                                |    |   | 2010 |   |   |   |   |   |   |   |   | 2009 |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   | Interest |   |   |   |   |   |   |   |   | Interest |   |   |   |   |
|                                  |                                     |   | Average                             |    |   | Income/ |   |   | Yield/ |   |   | Average |   |   | Income/ |   |   | Yield/ |   |
|                                  |                                     |   | Balance                             |    |   | Expense |   |   | Rate |   |   | Balance |   |   | Expense |   |   | Rate |   |
|                                  |                                     |   |  (Dollars in thousands)        |    |
| ASSETS:                               |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:              |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-earning deposits at other banks |   | $                                   | 9,910   |   |   | $ | 4 |   |   |   | 0.16 | % |   | $ | 6,431 |   |   | $ | 57 |   |   |   | 3.56 | % |
|                                  | Loans                                    |   |                                | 230,535 |   |   |   | 3,388 |   |   |   | 5.89 | % |   |   | 185,301 |   |   |   | 2,749 |   |   |   | 5.95 | % |
|                                  | Investment securities                    |   |                                | 81,570  |   |   |   | 953 |   |   |   | 4.69 | % |   |   | 119,399 |   |   |   | 1,397 |   |   |   | 4.69 | % |
|                                  | Other interest-earning assets            |   |                                | 5,658   |   |   |   | 64 |   |   |   | 4.54 | % |   |   | 6,035 |   |   |   | 9 |   |   |   | 0.60 | % |
|                                  | Total interest-earning assets            |   |                                | 327,673 |   |   |   | 4,409 |   |   |   | 5.40 | % |   |   | 317,166 |   |   |   | 4,212 |   |   |   | 5.33 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-earning assets            |                                     |   | 18,671                              |    |   |   |   |   |   |   |   |   |   |   | 20,197 |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                                   | 346,344 |   |   |   |   |   |   |   |   |   |   | $ | 337,363 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY: |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-bearing deposits                |   |                                | 200,246 |   |   |   | 821 |   |   |   | 1.64 | % |   |   | 188,103 |   |   |   | 1,178 |   |   |   | 2.51 | % |
|                                  | FHLB advances and other borrowings       |   |                                | 19,808  |   |   |   | 131 |   |   |   | 2.65 | % |   |   | 28,327 |   |   |   | 126 |   |   |   | 1.78 | % |
|                                  | Long-term borrowings at other banks      |   |                                | 35,000  |   |   |   | 332 |   |   |   | 3.80 | % |   |   | 35,000 |   |   |   | 325 |   |   |   | 3.72 | % |
| Total Interest-Bearing Liabilities    |                                     |   | 255,054                             |    |   |   | 1,284 |   |   |   | 2.02 | % |   |   | 251,430 |   |   |   | 1,629 |   |   |   | 2.60 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Noninterest-bearing deposits             |   |                                | 17,752  |   |   |   |   |   |   |   |   |   |   |   | 14,675 |   |   |   |   |   |   |   |   |   |
|                                  | Other noninterest-bearing liabilities    |   |                                | 5,041   |   |   |   |   |   |   |   |   |   |   |   | 2,328 |   |   |   |   |   |   |   |   |   |
|                                  | Shareholders' equity                     |   |                                | 68,497  |   |   |   |   |   |   |   |   |   |   |   | 68,930 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                                   | 346,344 |   |   |   |   |   |   |   |   |   |   | $ | 337,363 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                   |                                     |   |                                |    |   | $ | 3,125 |   |   |   |   |   |   |   |   |   |   | $ | 2,583 |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Margin                   |                                     |   |                                |    |   |   |   |   |   |   | 3.83 | % |   |   |   |   |   |   |   |   |   |   | 3.27 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest rate spread                  |                                     |   |                                |    |   |   |   |   |   |   | 3.38 | % |   |   |   |   |   |   |   |   |   |   | 2.73 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average interest-earning assets to    |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | average interest-bearing liabilities     |   |                                |    |   |   |   |   |   |   |   | 128.47 | % |   |   |   |   |   |   |   |   |   |   | 126.14 | % |

----

|                                                                                   |   | Three Months Ended                      |   |
|----------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|
|                                                                                   |   | June 30, 2010 Compared to June 30, 2009 |   |
|                                                                                   |   | Increase (Decrease) Due To              |   |
|                                                                                   |   | Volume                                  |   |   | Rate |   |   | Net |   |
|                                                                                   |   | (Dollars in thousands)                  |   |
|     Interest earned on:                                            |   |                                    |   |   |   |   |   |   |   |
|        Interest-earning assets:                     |   |                                    |   |   |   |   |   |   |   |
|          Interest-earning demand deposits |   | $                                       | (231   | ) |   | $ | 178 |   |   | $ | (53 | ) |
|          Loans                            |   |                                    | 745    |   |   |   | (106 | ) |   |   | 639 |   |
|          Investment securities            |   |                                    | (432   | ) |   |   | (12 | ) |   |   | (444 | ) |
|          Other interest-earning assets    |   |                                    | (132   | ) |   |   | 187 |   |   |   | 55 |   |
|      Total Earning Assets                                     |   |                                    | (50    | ) |   |   | 247 |   |   |   | 197 |   |
|                                                                                   |   |                                    |   |   |   |   |   |   |   |   |   |   |
|     Interest paid on:                                              |   |                                    |   |   |   |   |   |   |   |   |   |   |
|        Interest bearing deposits                    |   |                                    | 1,970  |   |   |   | (2,327 | ) |   |   | (357 | ) |
|        FHLB advances and other borrowings           |   |                                    | (11    | ) |   |   | 16 |   |   |   | 5 |   |
|    Long-term borrowings at other banks                                  |   |                                    | (1,323 | ) |   |   | 1,330 |   |   |   | 7 |   |
|     Total Interest-Bearing Liabilities                             |   |                                    | 636    |   |   |   | (981 | ) |   |   | (345 | ) |
|     Net Interest Income                                            |   | $                                       | (686   | ) |   | $ | 1,228 |   |   | $ | 542 |   |
|                                                                                   |   |                                    |   |   |   |   |   |   |   |   |   |   |

|                                                        |   | Three Months Ended June 30,  |   |   |   |   |
|-------------------------------------------------------------|--------|------------------------------|--------|--------|--------|--------|
|                                                        |   | 2010                         |   |   | 2009   |   |   | % Change |   |
|                                                        |   |  (Dollars in thousands) |   |   |   |   |
| Non-interest Income                                         |   |                         |   |   |   |   |   |   |   |
| Service charges on deposit accounts and other fees          |   | $                            | 298    |   |   | $      | 297 |   |   |   | 0.34 | % |
| Loan servicing and other fees                               |   |                         | 24     |   |   |   | 15 |   |   |   | 60.00 | % |
| Net gains on sales of mortgage loans held for sale          |   |                         | 342    |   |   |   | 419 |   |   |   | (18.38 | )% |
| Net realized gain on sales of available-for-sale securities |   |                         | 70     |   |   |   | 5 |   |   |   | 1300.00 | % |
| Insurance and brokerage commissions                         |   |                         | 25     |   |   |   | 33 |   |   |   | (24.24 | )% |
| Other                                                       |   |                         | 8      |   |   |   | 8 |   |   |   | - | % |
| Total noninterest income                                    |   | $                            | 767    |   |   | $      | 777 |   |   |   | (1.29 | )% |

----

|                                     |   | Three Months Ended June 30,  |   |   |   |   |
|------------------------------------------|--------|------------------------------|--------|--------|--------|--------|
|                                     |   | 2010                         |   |   | 2009   |   |   | % Change |   |
|                                     |   |  (Dollars in Thousands) |   |   |   |   |
| Non-interest Expense                     |   |                         |   |   |   |   |   |   |   |
| Salaries and employee benefits           |   | $                            | 1,623  |   |   | $      | 1,523 |   |   |   | 6.57 | % |
| Net occupancy                            |   |                         | 168    |   |   |   | 199 |   |   |   | (15.58 | )% |
| Equipment                                |   |                         | 186    |   |   |   | 170 |   |   |   | 9.41 | % |
| Data processing                          |   |                         | 217    |   |   |   | 241 |   |   |   | (9.96 | )% |
| Professional fees                        |   |                         | 96     |   |   |   | 66 |   |   |   | 45.45 | % |
| Marketing                                |   |                         | 68     |   |   |   | 110 |   |   |   | (38.18 | )% |
| Office expense                           |   |                         | 64     |   |   |   | 65 |   |   |   | (1.54 | )% |
| Loan collection and repossession expense |   |                         | 49     |   |   |   | 7 |   |   |   | 600.00 | % |
| Other                                    |   |                         | 450    |   |   |   | 590 |   |   |   | (23.73 | )% |
| Total non-interest expense               |   | $                            | 2,921  |   |   | $      | 2,971 |   |   |   | (1.68 | )% |

----

----

|                                  |                                     |   |  Average Balance Sheet for the |    |
|---------------------------------------|------------------------------------------|--------|-------------------------------------|---------|
|                                  |                                     |   |  Six Months Ended June 30,     |    |
|                                  |                                     |   |                                |    |   | 2010 |   |   |   |   |   |   |   |   | 2009 |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   | Interest |   |   |   |   |   |   |   |   | Interest |   |   |   |   |
|                                  |                                     |   | Average                             |    |   | Income/ |   |   | Yield/ |   |   | Average |   |   | Income/ |   |   | Yield/ |   |
|                                  |                                     |   | Balance                             |    |   | Expense |   |   | Rate |   |   | Balance |   |   | Expense |   |   | Rate |   |
|                                  |                                     |   |  (Dollars in thousands)        |    |
| ASSETS:                               |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:              |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-earning deposits at other banks |   | $                                   | 7,159   |   |   | $ | 7 |   |   |   | 0.20 | % |   | $ | 4,726 |   |   | $ | 12 |   |   |   | 0.51 | % |
|                                  | Loans                                    |   |                                | 225,254 |   |   |   | 6,608 |   |   |   | 5.92 | % |   |   | 182,352 |   |   |   | 5,353 |   |   |   | 5.92 | % |
|                                  | Investment securities                    |   |                                | 87,806  |   |   |   | 2,043 |   |   |   | 4.69 | % |   |   | 123,693 |   |   |   | 3,013 |   |   |   | 4.91 | % |
|                                  | Other interest-earning assets            |   |                                | 5,039   |   |   |   | 116 |   |   |   | 4.64 | % |   |   | 5,573 |   |   |   | 124 |   |   |   | 4.49 | % |
|                                  | Total interest-earning assets            |   |                                | 325,258 |   |   |   | 8,774 |   |   |   | 5.44 | % |   |   | 316,344 |   |   |   | 8,502 |   |   |   | 5.42 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-earning assets            |                                     |   | 19,558                              |    |   |   |   |   |   |   |   |   |   |   | 20,636 |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                                   | 344,816 |   |   |   |   |   |   |   |   |   |   | $ | 336,980 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY: |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-bearing deposits                |   |                                | 199,623 |   |   |   | 1,735 |   |   |   | 1.75 | % |   |   | 183,507 |   |   |   | 2,397 |   |   |   | 2.63 | % |
|                                  | FHLB advances and other borrowings       |   |                                | 19,553  |   |   |   | 256 |   |   |   | 2.64 | % |   |   | 32,512 |   |   |   | 272 |   |   |   | 1.69 | % |
|                                  | Long-term borrowings at other banks      |   |                                | 35,000  |   |   |   | 650 |   |   |   | 3.75 | % |   |   | 35,000 |   |   |   | 650 |   |   |   | 3.75 | % |
| Total Interest-Bearing Liabilities    |                                     |   | 254,176                             |    |   |   | 2,641 |   |   |   | 2.10 | % |   |   | 251,019 |   |   |   | 3,319 |   |   |   | 2.67 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Noninterest-bearing deposits             |   |                                | 17,430  |   |   |   |   |   |   |   |   |   |   |   | 14,026 |   |   |   |   |   |   |   |   |   |
|                                  | Other noninterest-bearing liabilities    |   |                                | 3,769   |   |   |   |   |   |   |   |   |   |   |   | 2,376 |   |   |   |   |   |   |   |   |   |
|                                  | Shareholders' equity                     |   |                                | 69,441  |   |   |   |   |   |   |   |   |   |   |   | 69,559 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                                   | 344,816 |   |   |   |   |   |   |   |   |   |   | $ | 336,980 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                   |                                     |   |                                |    |   | $ | 6,133 |   |   |   |   |   |   |   |   |   |   | $ | 5,183 |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Margin                   |                                     |   |                                |    |   |   |   |   |   |   | 3.80 | % |   |   |   |   |   |   |   |   |   |   | 3.30 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest rate spread                  |                                     |   |                                |    |   |   |   |   |   |   | 3.34 | % |   |   |   |   |   |   |   |   |   |   | 2.75 | % |
|                                  |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average interest-earning assets to    |                                     |   |                                |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | average interest-bearing liabilities     |   |                                |    |   |   |   |   |   |   |   | 127.97 | % |   |   |   |   |   |   |   |   |   |   | 126.02 | % |

----

|                                                                                   |   | Six Months Ended                        |   |
|----------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|
|                                                                                   |   | June 30, 2010 Compared to June 30, 2009 |   |
|                                                                                   |   | Increase (Decrease) Due To              |   |
|                                                                                   |   | Volume                                  |   |   | Rate |   |   | Net |   |
|                                                                                   |   | (Dollars in thousands)                  |   |
|     Interest earned on:                                            |   |                                    |   |   |   |   |   |   |   |
|        Interest-earning assets:                     |   |                                    |   |   |   |   |   |   |   |
|          Interest-earning demand deposits |   | $                                       | (1,623 | ) |   | $ | 1,562 |   |   | $ | (61 | ) |
|          Loans                            |   |                                    | 1,255  |   |   |   | - |   |   |   | 1,255 |   |
|          Investment securities            |   |                                    | (718   | ) |   |   | (252 | ) |   |   | (970 | ) |
|          Other interest-earning assets    |   |                                    | (49    | ) |   |   | 97 |   |   |   | 48 |   |
|      Total Earning Assets                                     |   |                                    | (1,135 | ) |   |   | 1,407 |   |   |   | 272 |   |
|                                                                                   |   |                                    |   |   |   |   |   |   |   |   |   |   |
|     Interest paid on:                                              |   |                                    |   |   |   |   |   |   |   |   |   |   |
|        Interest bearing deposits                    |   |                                    | 1,394  |   |   |   | (2,056 | ) |   |   | (662 | ) |
|        FHLB advances and other borrowings           |   |                                    | 30     |   |   |   | (46 | ) |   |   | (16 | ) |
|    Long-term borrowings at other banks                                  |   |                                    | -      |   |   |   | - |   |   |   | - |   |
|     Total Interest-Bearing Liabilities                             |   |                                    | 1,424  |   |   |   | (2,102 | ) |   |   | (678 | ) |
|     Net Interest Income                                            |   | $                                       | (2,559 | ) |   | $ | 3,509 |   |   | $ | 950 |   |

|                                                        |   | Six Months Ended June 30, |   |   |                   |   |
|-------------------------------------------------------------|--------|---------------------------|--------|--------|------------------------|--------|
|                                                        |   | 2010                      |   |   | 2009                   |   |   | % Change |   |
|                                                        |   |                      |   |   | (Dollars in thousands) |   |   |   |   |
| Non-interest income                                         |   |                      |   |   |                   |   |   |   |   |
| Service charges on deposit accounts and other fees          |   |                      | 604    |   |                   |   | 577 |   |   |   | 4.68 | % |
| Loan servicing and other fees                               |   |                      | 45     |   |                   |   | 31 |   |   |   | 45.16 | % |
| Net gains on sales of mortgage loans held for sale          |   |                      | 563    |   |                   |   | 698 |   |   |   | (19.34 | ) % |
| Net realized gain on sales of available-for-sale securities |   |                      | 77     |   |                   |   | 5 |   |   |   | 1,440.00 | % |
| Insurance and brokerage commission                          |   |                      | 70     |   |                   |   | 62 |   |   |   | 12.90 | % |
| Other                                                       |   |                      | 12     |   |                   |   | 12 |   |   |   | - | % |
| Total noninterest income                                    |   | $                         | 1,371  |   |                   | $      | 1,385 |   |   |   | (1.01 | ) % |

----

|                                     |   | Six Months Ended June 30,    |   |   |   |   |
|------------------------------------------|--------|------------------------------|--------|--------|--------|--------|
|                                     |   | 2010                         |   |   | 2009   |   |   | % Change |   |
|                                     |   |  (Dollars in Thousands) |   |   |   |   |
| Non-interest expense                     |   |                         |   |   |   |   |   |   |   |
| Salaries and employee benefits           |   | $                            | 3,149  |   |   | $      | 2,992 |   |   |   | 5.25 | % |
| Net occupancy                            |   |                         | 336    |   |   |   | 338 |   |   |   | (0.59 | ) % |
| Equipment                                |   |                         | 362    |   |   |   | 320 |   |   |   | 13.13 | % |
| Data processing                          |   |                         | 444    |   |   |   | 484 |   |   |   | (8.26 | ) % |
| Professional fees                        |   |                         | 197    |   |   |   | 232 |   |   |   | (15.09 | ) % |
| Marketing                                |   |                         | 136    |   |   |   | 164 |   |   |   | (17.07 | ) % |
| Office expense                           |   |                         | 136    |   |   |   | 146 |   |   |   | (6.85 | ) % |
| Loan collection and repossession expense |   |                         | 126    |   |   |   | 8 |   |   |   | 1475.00 | % |
| Other                                    |   |                         | 917    |   |   |   | 1,092 |   |   |   | (16.03 | ) % |
| Total non-interest expense               |   | $                            | 5,803  |   |   | $      | 5,776 |   |   |   | 0.47 | % |

----

| Tier 1 Core Capital (to adjusted total assets)      |   |   | 13.44 | % |
|-----------------------------------------------------|--------|--------|-------|---|
| Tangible Equity Ratio (to tangible assets)          |   |   | 13.44 | % |
| Tier 1 Risk-Based Capital (to risk-weighted assets) |   |   | 18.20 | % |
| Total Risk-Based Capital (to risk-weighted assets)  |   |   | 19.18 | % |

----

----

----

| Period                          |   | Total Number ofShares Purchased |    |   | Average PricePaid Per Share |   |   | Total Number ofShares Purchasedas Part of PubliclyAnnounced Programs |   |   | MaximumNumber of SharesThat May Yet BePurchased Underthe Programs at theEnd of the Period |   |
|---------------------------------|--------|---------------------------------|---------|--------|-----------------------------|--------|--------|----------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------|--------|
| April 1, 2010 to April 30, 2010 |   |                            | 65,100  |   |                        | $      | 10.79  |                                                                 |   |   | 65,100                                                                                    |   |   |   | 159,869 |   |
| May 1, 2010 to May 31, 2010     |   |                            | 1,900   |   |                        |   | 10.78  |                                                                 |   |   | 1,900                                                                                     |   |   |   | 157,969 |   |
| June 1, 2010 to June 30, 2010   |   |                            | 104,700 |   |                        |   | 10.78  |                                                                 |   |   | 104,700                                                                                   |   |   |   | 293,793 |   |
| Total                           |   |                            | 171,700 |   |                        | $      | 10.79  |                                                                 |   |   | 171,700                                                                                   |   |   |   | 293,793 |   |

| 3.1    | Charter of First Advantage Bancorp (1)                                                                                                                                                                                  |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.2    | Bylaws of First Advantage Bancorp (1)                                                                                                                                                                                   |
| 4.0    | Form of Stock Certificate of First Advantage Bancorp (1)                                                                                                                                                                |
| 31.1   | Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer                                                                                                                                                       |
| 31.2   | Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer                                                                                                                                                       |
| 32.0   | Section 1350 Certification                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                    |
| (1)    | Incorporated herein by reference to the exhibits to the Company’s Registration Statement on Form S-1 (File 333-144454), as amended, initially filed with the Securities and Exchange Commission on July 10, 2007. |

----

| Dated:  August 9, 2010 | By:           /s/Earl O. Bradley, III |
|----------------------------------|----------------------------------------------------------------------------------------------|
|                             | Earl O. Bradley, III                                                                         |
|                             | Chief Executive Officer                                                                      |
|                             |                                                                                         |
|                             |                                                                                         |
|                             |                                                                                         |
| Dated:  August 9, 2010 | By:           /s/Patrick C. Greenwell |
|                             | Patrick C. Greenwell                                                                         |
|                             | Chief Financial Officer                                                                      |

----