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

|   | For the quarterly period ended June 30, 2009 |
|--------|----------------------------------------------|

|   | 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)                                |

|  (Check one):  |  Large Accelerated Filer [    ]   |  Accelerated Filer [    ] |
|--------------------------|----------------------------------------------------------------------|----------------------------------------------------|
|                     |  Non-accelerated Filer [    ]          |  Smaller Reporting Company [ X ]              |

----

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Page   |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|     | Part I. Financial Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
| Item 1.  | Condensed Consolidated Balance Sheets as of June 30, 2009 (unaudited) and December 31, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 1      |
|     | Unaudited - Condensed Consolidated Statements of Income for the Three Months  and Six Months Ended June 30, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2      |
|     | Unaudited - Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Six Months Ended June 30, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 3      |
|     | Unaudited - Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 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 4T. | 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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 26     |
| Item 3.  | Defaults Upon Senior Securities                                                                                                                                 | 27     |
| Item 4.  | Submission of Matters to a Vote of Security Holders                                                                                                             | 27     |
| 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, |   |
|                                                                                                                                                                                              |   | 2009        |    |   | 2008         |   |
|                                                                                                                                                                                              |   | (Unaudited) |    |   |         |   |
| Assets                                                                                                                                                                                            |   |        |    |   |         |   |
| Cash and due from banks                                                                                                                                                                           |   | $           | 9,696   |   |         | $      | 7,991 |   |
| Interest-bearing demand deposits at other banks                                                                                                                                                   |   |        | 7,279   |   |         |   | 2,151 |   |
| Time deposits at other banks                                                                                                                                                                      |   |        | -       |   |         |   | 2,092 |   |
| Federal funds sold                                                                                                                                                                                |   |        | 4,075   |   |         |   | 9 |   |
| Cash and cash equivalents                                                                                                                                                                         |   |        | 21,050  |   |         |   | 12,243 |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Available-for-sale securities, at fair value                                                                                                                                                      |   |        | 117,221 |   |         |   | 129,076 |   |
| Loans held for sale                                                                                                                                                                               |   |        | 5,816   |   |         |   | 866 |   |
| Loans, net of allowance for loan losses of $2,481 and $2,175 at June 30, 2009 and December 31, 2008, respectively                                                                                 |   |        | 186,269 |   |         |   | 176,412 |   |
| Premises and equipment, net                                                                                                                                                                       |   |        | 8,458   |   |         |   | 8,186 |   |
| Foreclosed assets held for sale                                                                                                                                                                   |   |        | 60      |   |         |   | - |   |
| Other assets held for sale                                                                                                                                                                        |   |        | 192     |   |         |   | - |   |
| Federal Home Loan Bank stock                                                                                                                                                                      |   |        | 2,988   |   |         |   | 2,988 |   |
| Accrued interest receivable                                                                                                                                                                       |   |        | 1,441   |   |         |   | 1,702 |   |
| Income taxes receivable                                                                                                                                                                           |   |        | 324     |   |         |   | 709 |   |
| Deferred tax asset                                                                                                                                                                                |   |        | 5,431   |   |         |   | 5,238 |   |
| Other assets                                                                                                                                                                                      |   |        | 1,035   |   |         |   | 984 |   |
| Total assets                                                                                                                                                                                      |   | $           | 350,285 |   |         | $      | 338,404 |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Liabilities and Shareholders' Equity                                                                                                                                                              |   |        |    |   |         |   |   |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Liabilities                                                                                                                                                                                       |   |        |    |   |         |   |   |   |
| Deposits                                                                                                                                                                                          |   |        |    |   |         |   |   |   |
| Demand                                                                                                                                                                                            |   | $           | 18,463  |   |         | $      | 15,493 |   |
| Savings, checking and money market                                                                                                                                                                |   |        | 97,711  |   |         |   | 82,163 |   |
| Time certificates                                                                                                                                                                                 |   |        | 92,034  |   |         |   | 89,151 |   |
| Total deposits                                                                                                                                                                                    |   |        | 208,208 |   |         |   | 186,807 |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Securities sold under agreement to repurchase                                                                                                                                                     |   |        | 6,794   |   |         |   | 5,047 |   |
| Federal Home Loan Bank advances                                                                                                                                                                   |   |        | 28,000  |   |         |   | 38,550 |   |
| Borrowings with other banks                                                                                                                                                                       |   |        | 35,000  |   |         |   | 35,000 |   |
| Interest payable and other liablilities                                                                                                                                                           |   |        | 2,529   |   |         |   | 2,739 |   |
| Total liabilities                                                                                                                                                                                 |   |        | 280,531 |   |         |   | 268,143 |   |
| Commitments and contingencies                                                                                                                                                                     |   |        | -       |   |         |   | - |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Shareholders' Equity                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| Preferred stock, $0.01 par value, 10,000,000 shares authorized no shares outstanding at June 30, 2009 or December 31, 2008                                                                        |   |        | -       |   |         |   | - |   |
| Common stock, $0.01 par value 50,000,000 shares authorized, 5,199,333 shares issued and 4,409,412 and 4,541,514 outstanding   at June 30, 2009 and December 31, 2008, respectively |   |        | 52      |   |         |   | 53 |   |
| Additional paid in capital                                                                                                                                                                        |   |        | 52,056  |   |         |   | 52,221 |   |
| Common stock acquired by benefit plan:                                                                                                                                                            |   |        |    |   |         |   |   |   |
| Restricted stock                                                                                                                                                                                  |   |        | (1,359  | )      |         |   | (1,043 | ) |
| Unallocated common stock held by:                                                                                                                                                                 |   |        |    |   |         |   |   |   |
| Employee Stock Ownership Plan trust                                                                                                                                                               |   |        | (3,642  | )      |         |   | (3,778 | ) |
| Benefit plans                                                                                                                                                                                     |   |        | (2,660  | )      |         |   | (2,923 | ) |
| Retained earnings                                                                                                                                                                                 |   |        | 23,786  |   |         |   | 23,909 |   |
| Accumulated other comprehensive income                                                                                                                                                            |   |        | 1,521   |   |         |   | 1,822 |   |
| Total shareholders' equity                                                                                                                                                                        |   |        | 69,754  |   |         |   | 70,261 |   |
| Total liabilities and shareholders' equity                                                                                                                                                        |   | $           | 350,285 |   |         | $      | 338,404 |   |
|                                                                                                                                                                                              |   |        |    |   |         |   |   |   |
| See accompanying notes to unaudited condensed consolidated financial statements.                                                                                                                  |   |        |    |   |         |   |   |   |

----

| First Advantage Bancorp                                                          |   |               |      |   |             |   |      |   |   |   |      |   |
|----------------------------------------------------------------------------------|--------|--------------------|-----------|--------|------------------|--------|-----------|--------|--------|--------|-----------|--------|
| Condensed Consolidated Statements of Income                                      |   |               |      |   |             |   |      |   |   |   |      |   |
| (Dollars in thousands, except share and per share data)                          |   |               |      |   |             |   |      |   |   |   |      |   |
|                                                                             |   | Three Months Ended |      |   | Six Months Ended |   |
|                                                                             |   | June 30,           |      |   | June 30,         |   |
|                                                                             |   | 2009               |      |   | 2008             |   |      | 2009   |   |   | 2008      |   |
| Interest and Dividend Income                                                     |   |               |      |   |             |   |      |   |   |   |      |   |
| Loans                                                                            |   | $                  | 2,749     |   |             | $      | 2,218     |   |   | $      | 5,353     |   |   | $ | 4,209 |   |
| Investment securities                                                            |   |               | 1,397     |   |             |   | 2,072     |   |   |   | 3,013     |   |   |   | 3,797 |   |
| Other                                                                            |   |               | 66        |   |             |   | 91        |   |   |   | 136       |   |   |   | 215 |   |
| Total interest and dividend income                                               |   |               | 4,212     |   |             |   | 4,381     |   |   |   | 8,502     |   |   |   | 8,221 |   |
| Interest Expense                                                                 |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Deposits                                                                         |   |               | 1,178     |   |             |   | 1,095     |   |   |   | 2,397     |   |   |   | 2,367 |   |
| Securities sold under agreements to repurchase and other short-term borrowings   |   |               | 25        |   |             |   | 39        |   |   |   | 62        |   |   |   | 73 |   |
| Federal Home Loan Bank advances                                                  |   |               | 101       |   |             |   | 244       |   |   |   | 210       |   |   |   | 375 |   |
| Borrowings with other banks                                                      |   |               | 325       |   |             |   | 221       |   |   |   | 650       |   |   |   | 221 |   |
| Total interest expense                                                           |   |               | 1,629     |   |             |   | 1,599     |   |   |   | 3,319     |   |   |   | 3,036 |   |
| Net Interest Income                                                              |   |               | 2,583     |   |             |   | 2,782     |   |   |   | 5,183     |   |   |   | 5,185 |   |
| Provision for Loan Losses                                                        |   |               | 159       |   |             |   | 80        |   |   |   | 327       |   |   |   | 357 |   |
| Net Interest Income After Provision for Loan Losses                              |   |               | 2,424     |   |             |   | 2,702     |   |   |   | 4,856     |   |   |   | 4,828 |   |
| Noninterest Income                                                               |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Customer service and other fees                                                  |   |               | 297       |   |             |   | 314       |   |   |   | 577       |   |   |   | 577 |   |
| Loan servicing and other fees                                                    |   |               | 15        |   |             |   | 12        |   |   |   | 31        |   |   |   | 21 |   |
| Net gains on mortgage loan sales                                                 |   |               | 419       |   |             |   | 147       |   |   |   | 698       |   |   |   | 327 |   |
| Net realized gain on sales of available-for-sale securities                      |   |               | 5         |   |             |   | 3         |   |   |   | 5         |   |   |   | 36 |   |
| Net realized gain on sales of other assets held-for-sale                         |   |               | -         |   |             |   | 12        |   |   |   | -         |   |   |   | 295 |   |
| Commissions on insurance and brokerage                                           |   |               | 33        |   |             |   | 72        |   |   |   | 62        |   |   |   | 150 |   |
| Net loss on premises and equipment                                               |   |               | -         |   |             |   | (21       | )      |   |   | (1        | )      |   |   | (37 | ) |
| Other                                                                            |   |               | 8         |   |             |   | 14        |   |   |   | 13        |   |   |   | 21 |   |
| Total noninterest income                                                         |   |               | 777       |   |             |   | 553       |   |   |   | 1,385     |   |   |   | 1,390 |   |
| Noninterest Expense                                                              |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Salaries and employee benefits                                                   |   |               | 1,523     |   |             |   | 1,457     |   |   |   | 2,992     |   |   |   | 2,945 |   |
| Net occupancy expense                                                            |   |               | 199       |   |             |   | 110       |   |   |   | 338       |   |   |   | 240 |   |
| Equipment expense                                                                |   |               | 170       |   |             |   | 146       |   |   |   | 320       |   |   |   | 288 |   |
| Data processing fees                                                             |   |               | 241       |   |             |   | 187       |   |   |   | 484       |   |   |   | 381 |   |
| Professional fees                                                                |   |               | 66        |   |             |   | 119       |   |   |   | 232       |   |   |   | 325 |   |
| Marketing expense                                                                |   |               | 110       |   |             |   | 87        |   |   |   | 164       |   |   |   | 133 |   |
| Office expense                                                                   |   |               | 65        |   |             |   | 63        |   |   |   | 146       |   |   |   | 141 |   |
| Losses on foreclosed assets, net                                                 |   |               | 7         |   |             |   | -         |   |   |   | 8         |   |   |   | 3 |   |
| Insurance expense                                                                |   |               | 19        |   |             |   | 19        |   |   |   | 40        |   |   |   | 44 |   |
| Mortgage loan outsourced servicing                                               |   |               | 9         |   |             |   | 8         |   |   |   | 18        |   |   |   | 26 |   |
| Other                                                                            |   |               | 562       |   |             |   | 317       |   |   |   | 1,034     |   |   |   | 539 |   |
| Total noninterest expense                                                        |   |               | 2,971     |   |             |   | 2,513     |   |   |   | 5,776     |   |   |   | 5,065 |   |
| Income Before Income Taxes                                                       |   |               | 230       |   |             |   | 742       |   |   |   | 465       |   |   |   | 1,153 |   |
| Provision for Income Taxes                                                       |   |               | 89        |   |             |   | 193       |   |   |   | 155       |   |   |   | 15 |   |
| Net Income                                                                       |   | $                  | 141       |   |             | $      | 549       |   |   | $      | 310       |   |   | $ | 1,138 |   |
| Per common share:                                                                |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| Basic net income per common share                                                |   | $                  | 0.03      |   |             | $      | 0.11      |   |   | $      | 0.07      |   |   | $ | 0.24 |   |
| Diluted net income per common share                                              |   | $                  | 0.03      |   |             | $      | 0.11      |   |   | $      | 0.07      |   |   | $ | 0.23 |   |
| Basic weighted average common shares outstanding                                 |   |               | 4,520,674 |   |             |   | 4,774,267 |   |   |   | 4,531,018 |   |   |   | 4,768,323 |   |
| Diluted weighted average common shares outstanding                               |   |               | 4,577,458 |   |             |   | 4,871,511 |   |   |   | 4,591,225 |   |   |   | 4,868,908 |   |
|                                                                             |   |               |      |   |             |   |      |   |   |   |      |   |   |   |   |   |
| See accompanying notes to unaudited condensed consolidated financial statements. |   |               |      |   |             |   |      |   |   |   |      |   |   |

----

| First Advantage Bancorp                                                                                                              |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |          |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|--------|--------|--------|--------|--------|------------|--------|--------|----------|--------|--------|---------------|--------|--------|---------------|--------|--------|---------------|--------|
| Unaudited - Condensed Consolidated Statements of Changes in Stockholders' Equity                                                     |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |
| Six Months Ended June 30, 2009 and 2008                                                                                              |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |
| (Dollars in thousands)                                                                                                               |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |          |   |
|                                                                                                                                 |   |          |   |   |   |   |   |       |   |   |     |   |   | Common        |   |   | Accumulated   |   |   |          |   |
|                                                                                                                                 |   |          |   |   |   |   |   | Additional |   |   |     |   |   | Stock         |   |   | Other         |   |   | Total         |   |
|                                                                                                                                 |   | Comprehensive |   |   | Common |   |   | Paid-in    |   |   | Retained |   |   | Acquired by   |   |   | Comprehensive |   |   | Stockholders' |   |
|                                                                                                                                 |   | Income (Loss) |   |   | Stock  |   |   | Capital    |   |   | Earnings |   |   | Benefit Plans |   |   | Income        |   |   | Equity        |   |
| Balance at January 1, 2008                                                                                                           |   |          |   |   | $      | 53     |   |       | $      | 51,596 |     |   | $      | 32,230        |   |   | $             | (5,512 | )      |          | $      | 1,138 |   |   | $ | 79,505 |   |
| Comprehensive income:                                                                                                                |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |          |   |   |   |   |   |   |   |
| Net Income                                                                                                                           |   | $             | 1,138  |   |   |   | -      |       |   |   | -        |   |   |          | 1,138  |   |          |   | -      |          |   |   | - |   |   |   | 1,138 |   |
| Other comprehensive loss,    unrealized loss on securities, net of reclassification adjustments, net of tax |   |          | (3,227 | )      |   |   | -      |       |   |   |     |   |   |          | -      |   |          |   | -      |          |   |   | (3,227 | ) |   |   |   |   |
| Total comprehensive income                                                                                                           |   | $             | (2,089 | )      |   |   | -      |       |   |   | -        |   |   |          | -      |   |          |   | -      |          |   |   | - |   |   |   | (2,089 | ) |
| Release of Employee Stock Ownership Plan (ESOP) shares                                                                               |   |          |   |   |   |   | -      |       |   |   | 17       |   |   |          | -      |   |          |   | 104    |          |   |   | - |   |   |   | 121 |   |
| Purchase and Release of Restricted    stock plan shares, net                                                     |   |          |   |   |   |   | -      |       |   |   | 176      |   |   |          | -      |   |          |   | (42    | )             |   |   | - |   |   |   | 134 |   |
| Balance at June 30, 2008                                                                                                             |   |          |   |   |   | $      | 53     |       |   | $      | 51,789   |   |   | $             | 33,368 |   |          | $      | (5,450 | )             |   | $ | (2,089 | ) |   | $ | 78,809 |   |
|                                                                                                                                 |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |          |   |   |   |   |   |   |   |   |
| Balance at January 1, 2009                                                                                                           |   |          |   |   |   | $      | 53     |       |   | $      | 52,221   |   |   | $             | 23,909 |   |          | $      | (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 income                                                                                                                           |   | $             | 310    |   |   |   | -      |       |   |   | -        |   |   |          | 310    |   |          |   | -      |          |   |   | - |   |   |   | 310 |   |
| Other comprehensive loss,   unrealized loss on securities                                                                  |   |          |   |   |   |   |   |       |   |   |     |   |   |          |   |   |          |   |   |          |   |   |   |   |   |   |   |   |
| net of reclassification adjustment, net of tax                                                                                       |   |          | (279   | )      |   |   | -      |       |   |   | -        |   |   |          | -      |   |          |   | -      |          |   |   | (279 | ) |   |   | (279 | ) |
| Total comprehensive income                                                                                                           |   | $             | 31     |   |   |   | -      |       |   |   | -        |   |   |          | -      |   |          |   | -      |          |   |   | - |   |   |   |   |   |
| Treasury stock purchase/retire                                                                                                       |   |          |   |   |   |   | (1     | )          |   |   | (618     | )      |   |          |   |   |          |   |   |          |   |   |   |   |   |   | (619 | ) |
| Dividends paid ($0.05 per common  share)                                                                                        |   |          |   |   |   |   | -      |       |   |   | -        |   |   |          | (455   | )      |          |   | -      |          |   |   | - |   |   |   | (455 | ) |
| Release of Employee Stock Ownership Plan (ESOP) shares                                                                               |   |          |   |   |   |   | -      |       |   |   | (45      | )      |   |          | -      |   |          |   | 136    |          |   |   | - |   |   |   | 91 |   |
| Purchase and release of  restricted stock plan shares, net                                                                 |   |          |   |   |   |   | -      |       |   |   | 498      |   |   |          | -      |   |          |   | (53    | )             |   |   | - |   |   |   | 445 |   |
| Balance at June 30, 2009                                                                                                             |   |          |   |   |   | $      | 52     |       |   | $      | 52,056   |   |   | $             | 23,786 |   |          | $      | (7,661 | )             |   | $ | 1,521 |   |   | $ | 69,754 |   |

----

| First Advantage Bancorp                                                                   |   |             |    |   |   |   |
|-------------------------------------------------------------------------------------------|--------|------------------|---------|--------|--------|--------|
| Unaudited - Condensed Consolidated Statements of Cash Flows                               |   |             |    |   |   |   |
| (Dollars in thousands)                                                                    |   |             |    |   |   |   |
|                                                                                      |   | Six Months Ended |    |
|                                                                                      |   | June 30,         |    |
|                                                                                      |   | 2009             |    |   | 2008   |   |
| Operating Activities                                                                      |   |             |    |   |   |   |
| Net income                                                                                |   | $                | 310     |   |   | $      | 1,138 |   |
| Adjustment to reconcile net income to net cash (used in) provided by operating activities |   |             |    |   |   |   |   |   |
| Depreciation and amortization                                                             |   |             | 275     |   |   |   | 232 |   |
| Provision for loan losses                                                                 |   |             | 327     |   |   |   | 357 |   |
| Decrease in provision for uncertain tax positions                                         |   |             | 39      |   |   |   | 251 |   |
| Amortization of unearned compensation for restricted stock                                |   |             | 498     |   |   |   | 176 |   |
| Amortization (accretion) of premiums and discounts on securities                          |   |             | 241     |   |   |   | (114 | ) |
| Amortization of loan-servicing rights                                                     |   |             | -       |   |   |   | 9 |   |
| Deferred income taxes                                                                     |   |             | (5      | )      |   |   | 46 |   |
| ESOP plan expense                                                                         |   |             | 91      |   |   |   | 121 |   |
| Net realized gain on available-for-sale securities                                        |   |             | (5      | )      |   |   | (36 | ) |
| Federal Home Loan stock dividends                                                         |   |             | -       |   |   |   | (76 | ) |
| Loss on disposal of premises and equipment                                                |   |             | 1       |   |   |   | 37 |   |
| Originations of loans held for sale                                                       |   |             | (33,269 | )      |   |   | (16,554 | ) |
| Proceeds from loans sold                                                                  |   |             | 28,319  |   |   |   | 16,141 |   |
| Net gain on assets held for sale                                                          |   |             | -       |   |   |   | (295 | ) |
| Changes in                                                                                |   |             |    |   |   |   |   |   |
|     Interest receivable and other assets                              |   |             | 210     |   |   |   | (875 | ) |
| Interest payable and other liabilities                                                    |   |             | 135     |   |   |   | (199 | ) |
| Net cash (used in) provided by operating activities                                       |   |             | (2,833  | )      |   |   | 359 |   |
| Investing Activities                                                                      |   |             |    |   |   |   |   |   |
| Purchases of available-for-sale securities                                                |   |             | (24,071 | )      |   |   | (67,970 | ) |
| Proceeds from maturities of and repayments of available-for-sale securities               |   |             | 35,223  |   |   |   | 14,435 |   |
| Proceeds from sales of available-for-sale securities                                      |   |             | -       |   |   |   | 9,900 |   |
| Net change in loans                                                                       |   |             | (10,244 | )      |   |   | (37,672 | ) |
| Purchase of premises and equipment                                                        |   |             | (739    | )      |   |   | (100 | ) |
| Purchase of other assets held for sale                                                    |   |             | -       |   |   |   | (159 | ) |
| Proceeds from sale of other assets                                                        |   |             | -       |   |   |   | 835 |   |
| Net cash provided by (used in) investing activities                                       |   |             | 169     |   |   |   | (80,731 | ) |
| Financing Activities                                                                      |   |             |    |   |   |   |   |   |
| Net increase in demand deposits, money market, checking and savings accounts              |   |             | 18,518  |   |   |   | 610 |   |
| Net increase (decrease) in certificates of deposit                                        |   |             | 2,883   |   |   |   | (4,749 | ) |
| Net change in repurchase agreement and other short-term borrowings                        |   |             | 1,747   |   |   |   | 3,882 |   |
| Net change Federal Home Loan Bank advances - short term                                   |   |             | (10,550 | )      |   |   | 30,614 |   |
| Proceeds from Federal Home Loan Bank advances - long term                                 |   |             | -       |   |   |   | 13,000 |   |
| Proceeds from long term borrowings at other banks                                         |   |             | -       |   |   |   | 35,000 |   |
| Stock purchased - repurchase program                                                      |   |             | (619    | )      |   |   | - |   |
| Dividends paid                                                                            |   |             | (455    | )      |   |   | - |   |
| Stock purchased  - restricted stock compensation plans                          |   |             | (53     | )      |   |   | (42 | ) |
| Net cash provided by financing activities                                                 |   |             | 11,471  |   |   |   | 78,315 |   |
| Increase (decrease) in Cash and Cash Equivalents                                          |   |             | 8,807   |   |   |   | (2,057 | ) |
| Cash and Cash Equivalents, Beginning of Period                                            |   |             | 12,243  |   |   |   | 9,076 |   |
| Cash and Cash Equivalents, End of Period                                                  |   | $                | 21,050  |   |   | $      | 7,019 |   |
| See accompanying notes to unaudited condensed consolidated financial statements.          |   |             |    |   |   |   |   |   |

----

In December 2008, the FASB issued Staff Position No. 132(R)-1, “Employers’ Disclosures about Postretirement Benefit Plan Assets” (“Staff Position 132(R)-1”).  Staff Position 132(R)-1 amends SFAS No. 132(R), “Employers’Disclosures about Pensions and Other Post­retirement Benefits,” to require further disclosures about the fair value measurements of an employers’ plan assets including how investment allocation decisions are made, including the factors that are pertinent to an understanding of investment policies and strategies; major categories of plan assets; information about inputs and valuation techniques, including the fair value hierarchy classifications, as defined by SFAS No. 157, “FairValue Measurements” (“SFAS No. 157”), of the major categories of plan assets; the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets; and significant concentrations of risk within plan assets. Staff Position 132(R)-1 is effective for fiscal years beginning on or after December 15, 2009, with early adoption permitted.  The Company is currently in the process of evaluating the impact of adopting Staff Position 132(R)-1 onits consolidated financial statements. 

----

----

----

| (Unaudited - Dollars in thousands, except per share amounts) |   | Three Months Ended June 30, |      |   | Six Months Ended June 30, |   |
|--------------------------------------------------------------|--------|-----------------------------|-----------|--------|---------------------------|--------|
|                                                         |   | 2009                        |      |   | 2008                      |   |   | 2009 |   |   | 2008 |   |
|                                                         |   |                        |      |   |                      |   |   |   |   |   |   |   |
| Net income                                                   |   | $                           | 141       |   |                      | $      | 549 |   |   | $ | 310 |   |   | $ | 1,138 |   |
|                                                         |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Weighted-average shares - Basic EPS                          |   |                        | 4,520,674 |   |                      |   | 4,774,267 |   |   |   | 4,531,018 |   |   |   | 4,768,323 |   |
| Weighted-average restricted shares -                         |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| 2007 Deferred Compensation Plan                              |   |                        | 27,458    |   |                      |   | 97,244 |   |   |   | 28,853 |   |   |   | 100,585 |   |
| 2008 Equity Incentive Plan                                   |   |                        | 5,929     |   |                      |   |   |   |   |   | 8,588 |   |   |   |   |   |
| Weighted-average shares -                                    |   |                        |      |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| ESOP committed to be released - diluted EPS                  |   |                        | 23,397    |   |                      |   |   |   |   |   | 22,766 |   |   |   |   |   |
| Weighted-average shares - Diluted EPS                        |   |                        | 4,577,458 |   |                      |   | 4,871,511 |   |   |   | 4,591,225 |   |   |   | 4,868,908 |   |
| Basic earnings per common share                              |   | $                           | 0.03      |   |                      | $      | 0.11 |   |   | $ | 0.07 |   |   | $ | 0.24 |   |
| Diluted earnings per common share                            |   | $                           | 0.03      |   |                      | $      | 0.11 |   |   | $ | 0.07 |   |   | $ | 0.23 |   |

| (Unaudited - Dollars in thousands) |   | Three Months Ended June 30, |   |   | Six Months Ended June 30, |   |
|------------------------------------|--------|-----------------------------|--------|--------|---------------------------|--------|
|                               |   | 2009                        |   |   | 2008                      |   |   | 2009 |   |   | 2008 |   |
|                               |   |                        |   |   |                      |   |   |   |   |   |   |   |
| Balance, beginning of period       |   | $                           | 2,329  |   |                      | $      | 1,787 |   |   | $ | 2,175 |   |   | $ | 1,510 |   |
| Provision charged to expense       |   |                        | 159    |   |                      |   | 80 |   |   |   | 327 |   |   |   | 357 |   |
| Charge-offs                        |   |                        | (11    | )      |                      |   | (18 | ) |   |   | (30 | ) |   |   | (27 | ) |
| Recoveries                         |   |                        | 4      |   |                      |   | 11 |   |   |   | 9 |   |   |   | 20 |   |
| Balance, end of period             |   | $                           | 2,481  |   |                      | $      | 1,860 |   |   | $ | 2,481 |   |   | $ | 1,860 |   |

----

| June 30, 2009                                                      |   |
|--------------------------------------------------------------------|--------|
| (Unaudited - Dollars in thousands)                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   | Gross |   |   | Gross |   |   | Approximate |   |
|                                                               |   | Amortized |   |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
| Available-for-sale                                                 |   | Cost |   |   | Gains |   |   | Losses |   |   | Value |   |
| U. S. Treasury                                                     |   | $ | 4,782 |   |   | $ | 1,379 |   |   | $ | - |   |   | $ | 6,161 |   |
| U. S. Government agencies and corporations                         |   |   | 16,531 |   |   |   | 228 |   |   |   | (68 | ) |   |   | 16,691 |   |
| Federal Family Education Loan Program (FFELP) loan-backed security |   |   | 3,525 |   |   |   | 224 |   |   |   | - |   |   |   | 3,749 |   |
| Mortgage-backed securities                                         |   |   | 73,122 |   |   |   | 1,832 |   |   |   | - |   |   |   | 74,954 |   |
| Collateralized mortgage obligations                                |   |   | 1,612 |   |   |   | 37 |   |   |   | - |   |   |   | 1,649 |   |
| State and political subdivisions                                   |   |   | 14,093 |   |   |   | 24 |   |   |   | (216 | ) |   |   | 13,901 |   |
| Trust preferred securities (1)                                     |   |   | 1,092 |   |   |   | - |   |   |   | (976 | ) |   |   | 116 |   |
|      Total                                |   | $ | 114,757 |   |   | $ | 3,724 |   |   | $ | (1,260 | ) |   | $ | 117,221 |   |

| (1) | During the quarter ended June 30, 2009, pursuant to FSP FAS 115-2, which states that previously recorded impairment charges which did not relate to credit losses should be reclassified from retained earnings to accumulated other comprehensive income, the Company recorded a cumulative effect adjustment that increased retained earnings and decreased other comprehensive income by $36,000 or $22,000, net of tax. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                        |   |                |   |   |              |   |   |        |   |   |       |   |   |        |   |   |       |   |
|---------------------------------------------|--------|---------------------|--------|--------|-------------------|--------|--------|-------------|--------|--------|------------|--------|--------|-------------|--------|--------|------------|--------|
| (Unaudited - Dollars in thousands)          |   | June 30, 2009       |   |
|                                        |   | 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: |   | $                   | 6,962  |   |              | $      | (68    | )           |   | $      | -          |   |   | $           | -      |   |       | $      | 6,962 |   |   | $ | (68 | ) |
| State and political subdivisions            |   |                | 4,488  |   |              |   | (85    | )           |   |   | 975        |   |   |        | (131   | )      |       |   | 5,463 |   |   |   | (216 | ) |
| Trust preferred securities                  |   |                | -      |   |              |   | -      |        |   |   | 116        |   |   |        | (976   | )      |       |   | 116 |   |   |   | (976 | ) |
|      Total         |   | $                   | 11,450 |   |              | $      | (153   | )           |   | $      | 1,091      |   |   | $           | (1,107 | )      |       | $      | 12,541 |   |   | $ | (1,260 | ) |

----

|                                                        |   |          |    |   |                                                          |   |
|-------------------------------------------------------------|--------|---------------|---------|--------|---------------------------------------------------------------|--------|
| (Dollars in thousands)                                      |   | June 30, 2009 |    |   | 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 |   | $             | 117,221 |   |                                                          |   | -- |   |   | $ | 117,105 |   |   | $ | 116 |   |

| (Dollars in thousands)                                   |   |   |   |
|----------------------------------------------------------|--------|--------|--------|
| Balance, January 1, 2009                                 |   | $      | 1,092  |   |
| Unrealized losses included in other comprehensive income |   |   | (976   | ) |
| Balance, June 30, 2009                                   |   | $      | 116    |   |

----

|                                                  |   |          |   |   | Fair Value Measurements at June 30, 2009 Using                |   |
|-------------------------------------------------------|--------|---------------|--------|--------|---------------------------------------------------------------|--------|
| (Dollars in thousands)                                |   | June 30, 2009 |   |   | Quoted Prices in Active Markets for Identical Assets(Level 1) |   |   | Significant Other Observable Inputs (Level 2) |   |   | Significant Unobservable Inputs (Level 3) |   |
| Assets:                                               |   |          |   |   |                                                          |   |   |   |   |   |   |   |
|      Other real estate owned |   | $             | 60     |   |                                                          |   | -- |   |   |   | -- |   |   | $ | 60 |   |
|      Loans held for sale     |   | $             | 5,816  |   |                                                          |   | -- |   |   | $ | 5,816 |   |   |   | -- |   |

----

----

|                                          |   |           |    |   |              |   |    |           |   |   |      |   |
|-----------------------------------------------|--------|----------------|---------|--------|-------------------|--------|---------|----------------|--------|--------|-----------|--------|
|                                          |   | June 30, 2009  |    |   | December 31, 2008 |   |
|                                          |   | CarryingAmount |    |   | FairValue         |   |    | CarryingAmount |   |   | FairValue |   |
|                                          |   |           |    |   |              |   |    |           |   |   |      |   |
|                                          |   | (In thousands) |    |
| Financial assets                              |   |           |    |   |              |   |    |           |   |   |      |   |
| Cash and cash equivalents                     |   | $              | 21,050  |   |              | $      | 21,050  |           |   | $      | 12,243    |   |   | $ | 12,243 |   |
| Available-for-sale securities                 |   |           | 117,221 |   |              |   | 117,221 |           |   |   | 129,076   |   |   |   | 129,076 |   |
| Loans held for sale                           |   |           | 5,816   |   |              |   | 5,816   |           |   |   | 866       |   |   |   | 866 |   |
| Loans, net of allowance for loan losses       |   |           | 186,269 |   |              |   | 185,836 |           |   |   | 176,412   |   |   |   | 178,210 |   |
| FHLB stock                                    |   |           | 2,988   |   |              |   | 2,988   |           |   |   | 2,988     |   |   |   | 2,988 |   |
| Interest receivable                           |   |           | 1,441   |   |              |   | 1,441   |           |   |   | 1,702     |   |   |   | 1,702 |   |
| Forward sale commitments                      |   |           | -       |   |              |   | -       |           |   |   | -         |   |   |   | - |   |
|                                          |   |           |    |   |              |   |    |           |   |   |      |   |   |   |   |   |
| Financial liabilities                         |   |           |    |   |              |   |    |           |   |   |      |   |   |   |   |   |
| Deposits                                      |   | $              | 208,208 |   |              | $      | 208,756 |           |   | $      | 186,807   |   |   | $ | 187,394 |   |
| Securities sold under agreement to repurchase |   |           | 6,794   |   |              |   | 6,794   |           |   |   | 5,047     |   |   |   | 5,047 |   |
| Interest payable                              |   |           | 581     |   |              |   | 581     |           |   |   | 716       |   |   |   | 716 |   |
| FHLB advances                                 |   |           | 28,000  |   |              |   | 28,361  |           |   |   | 38,550    |   |   |   | 39,349 |   |
| Other borrowings                              |   |           | 35,000  |   |              |   | 35,631  |           |   |   | 35,000    |   |   |   | 38,297 |   |

----

----

----

----

----

|                                  |                                     |   |                         |    |   | Average Balance Sheet for the |   |   |   |   |   |    |   |
|---------------------------------------|------------------------------------------|--------|------------------------------|---------|--------|-------------------------------|--------|--------|--------|--------|--------|---------|--------|
|                                  |                                     |   |                         |    |   | Three Months Ended June 30,   |   |   |   |   |   |    |   |
|                                  |                                     |   |                         |    |   | 2009                          |   |   |   |   |   |    |   |   | 2008 |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   | 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 |   | $                            | 6,431   |   |                          | $      | 57     |   |   |   | 3.56    | %      |   | $ | 3,281 |   |   | $ | 51 |   |   |   | 6.25 | % |
|                                  | Loans                                    |   |                         | 182,906 |   |                          |   | 2,749  |   |   |   | 6.03    | %      |   |   | 146,414 |   |   |   | 2,218 |   |   |   | 6.09 | % |
|                                  | Investment securities                    |   |                         | 119,399 |   |                          |   | 1,397  |   |   |   | 4.69    | %      |   |   | 148,704 |   |   |   | 2,072 |   |   |   | 5.60 | % |
|                                  | Other interest-earning assets            |   |                         | 6,035   |   |                          |   | 9      |   |   |   | 0.60    | %      |   |   | 4,476 |   |   |   | 40 |   |   |   | 3.59 | % |
|                                  | Total interest-earning assets            |   |                         | 314,771 |   |                          |   | 4,212  |   |   |   | 5.37    | %      |   |   | 302,875 |   |   |   | 4,381 |   |   |   | 5.82 | % |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-earning assets            |                                     |   | 22,592                       |    |   |                          |   |   |   |   |   |    |   |   | 12,023 |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                            | 337,363 |   |                          |   |   |   |   |   |    |   |   | $ | 314,898 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY: |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-bearing deposits                |   |                         | 188,103 |   |                          |   | 1,178  |   |   |   | 2.51    | %      |   | $ | 153,434 |   |   | $ | 1,095 |   |   |   | 2.87 | % |
|                                  | FHLB advances and other borrowings       |   |                         | 28,327  |   |                          |   | 126    |   |   |   | 1.78    | %      |   |   | 45,477 |   |   |   | 283 |   |   |   | 2.50 | % |
|                                  | Long-term borrowings at other banks      |   |                         | 35,000  |   |                          |   | 325    |   |   |   | 3.72    | %      |   |   | 23,846 |   |   |   | 221 |   |   |   | 3.73 | % |
| Total Interest-Bearing Liabilities    |                                     |   | 251,430                      |    |   |                          | 1,629  |   |   |   | 2.60   | %       |   |   | 222,757 |   |   |   | 1,599 |   |   |   | 2.89 | % |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Noninterest-bearing deposits             |   |                         | 14,675  |   |                          |   |   |   |   |   |    |   |   |   | 9,595 |   |   |   |   |   |   |   |   |   |
|                                  | Other noninterest-bearing liabilities    |   |                         | 2,328   |   |                          |   |   |   |   |   |    |   |   |   | 2,359 |   |   |   |   |   |   |   |   |   |
|                                  | Shareholders' equity                     |   |                         | 68,930  |   |                          |   |   |   |   |   |    |   |   |   | 80,187 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $                            | 337,363 |   |                          |   |   |   |   |   |    |   |   | $ | 314,898 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                   |                                     |   |                         |    |   | $                             | 2,583  |   |   |   |   |    |   |   |   |   |   | $ | 2,782 |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Margin                   |                                     |   |                         |    |   |                          |   |   |   |   | 3.29   | %       |   |   |   |   |   |   |   |   |   |   | 3.69 | % |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest rate spread                  |                                     |   |                         |    |   |                          |   |   |   |   | 2.77   | %       |   |   |   |   |   |   |   |   |   |   | 2.93 | % |
|                                  |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average interest-earning assets to    |                                     |   |                         |    |   |                          |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | average interest-bearing liabilities     |   |                         |    |   |                          |   |   |   |   |   | 125.19  | %      |   |   |   |   |   |   |   |   |   |   | 135.97 | % |

----

|                                                                                   |   |                                    |   |   |   |   |   |   |   |
|----------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|--------|--------|--------|--------|--------|--------|
|                                                                                   |   | Three Months Ended                      |   |
|                                                                                   |   | June 30, 2009 Compared to June 30, 2008 |   |
|                                                                                   |   | Increase (Decrease) Due To              |   |
|                                                                                   |   | Volume                                  |   |   | Rate   |   |   | Net    |   |
|                                                                                   |   | (Dollars in thousands)                  |   |
|     Interest earned on:                                            |   |                                    |   |   |   |   |   |   |   |
|        Interest-earning assets:                     |   |                                    |   |   |   |   |   |   |   |
|          Interest-earning demand deposits |   | $                                       | 12     |   |   | $      | (6     | )      |   | $ | 6 |   |
|          Loans                            |   |                                    | 615    |   |   |   | (84    | )      |   |   | 531 |   |
|          Investment securities            |   |                                    | 295    |   |   |   | (970   | )      |   |   | (675 | ) |
|          Other interest-earning assets    |   |                                    | (291   | )      |   |   | 260    |   |   |   | (31 | ) |
|      Total Earning Assets                                     |   |                                    | 631    |   |   |   | (800   | )      |   |   | (169 | ) |
|                                                                                   |   |                                    |   |   |   |   |   |   |   |   |   |   |
|     Interest paid on:                                              |   |                                    |   |   |   |   |   |   |   |   |   |   |
|        Interest bearing deposits                    |   |                                    | 303    |   |   |   | (220   | )      |   |   | 83 |   |
|        FHLB advances and other borrowings           |   |                                    | 26     |   |   |   | (183   | )      |   |   | (157 | ) |
|    Long-term borrowings at other banks                                  |   |                                    | 328    |   |   |   | (3     | )      |   |   | 325 |   |
|     Total Interest-Bearing Liabilities                             |   |                                    | 657    |   |   |   | (406   | )      |   |   | 251 |   |
|     Net Interest Income                                            |   | $                                       | (26    | )      |   | $      | (394   | )      |   | $ | (420 | ) |

|                                                        |   | Three Months Ended June 30, |   |
|-------------------------------------------------------------|--------|-----------------------------|--------|
|                                                        |   | 2009                        |   |   | 2008 |   |   | % Change |   |
|                                                        |   |                        |   |   | (Dollars in thousands) |   |   |   |   |
| Non-interest Income                                         |   |                        |   |   |   |   |   |   |   |
| Customer service and other fees                             |   | $                           | 297    |   |   | $ | 314 |   |   |   | (5.41 | ) % |
| Loan servicing and other fees                               |   |                        | 15     |   |   |   | 12 |   |   |   | 25.00 | % |
| Net gains on mortgage loan sales                            |   |                        | 419    |   |   |   | 147 |   |   |   | 185.03 | % |
| Net realized gain on sales of available-for-sale securities |   |                        | 5      |   |   |   | 3 |   |   |   | 66.67 | % |
| Net realized gain on sales of other assets-held-for sale    |   |                        | -      |   |   |   | 12 |   |   |   | (100.00 | ) % |
| Commissions on insurance and brokerage                      |   |                        | 33     |   |   |   | 72 |   |   |   | (54.17 | ) % |
| Net loss on premises and equipment                          |   |                        | -      |   |   |   | (21 | ) |   |   | 100.00 | % |
| Other                                                       |   |                        | 8      |   |   |   | 14 |   |   |   | (42.86 | ) % |
| Total noninterest income                                    |   | $                           | 777    |   |   | $ | 553 |   |   |   | 40.51 | % |

----

|                               |   | Three Months Ended June 30,  |   |
|------------------------------------|--------|------------------------------|--------|
|                               |   | 2009                         |   |   | 2008 |   |   | % Change |   |
|                               |   |  (Dollars in thousands) |   |
| Non-interest Expense               |   |                         |   |   |   |   |   |   |   |
| Salaries and employee benefits     |   | $                            | 1,523  |   |   | $ | 1,457 |   |   |   | 4.53 | % |
| Net occupancy expense              |   |                         | 199    |   |   |   | 110 |   |   |   | 80.91 | % |
| Equipment expense                  |   |                         | 170    |   |   |   | 146 |   |   |   | 16.44 | % |
| Data processing fees               |   |                         | 241    |   |   |   | 187 |   |   |   | 28.88 | % |
| Professional fees                  |   |                         | 66     |   |   |   | 119 |   |   |   | (44.54 | ) % |
| Marketing expense                  |   |                         | 110    |   |   |   | 87 |   |   |   | 26.44 | % |
| Office expense                     |   |                         | 65     |   |   |   | 63 |   |   |   | 3.17 | % |
| Losses on foreclosed assets, net   |   |                         | 7      |   |   |   | - |   |   |   | 100.00 | % |
| Insurance expense                  |   |                         | 19     |   |   |   | 19 |   |   |   | 0.00 | % |
| Mortgage loan outsourced servicing |   |                         | 9      |   |   |   | 8 |   |   |   | 0.24 | % |
| Other                              |   |                         | 562    |   |   |   | 317 |   |   |   | 77.29 | % |
| Total noninterest expense          |   | $                            | 2,971  |   |   | $ | 2,513 |   |   |   | 18.23 | % |

----

----

|                                  |                                     |   |    |    |   | Average Balance Sheet for the |   |   |   |   |
|---------------------------------------|------------------------------------------|--------|---------|---------|--------|-------------------------------|--------|--------|--------|--------|
|                                  |                                     |   |    |    |   | Six Months Ended June 30,     |   |   |   |   |
|                                  |                                     |   |    |    |   | 2009                          |   |   |   |   |   |   |   |   | 2008 |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   | 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 |   | $       | 4,726   |   |                          | $      | 68     |   |   |   | 2.90 | % |   | $ | 4,379 |   |   | $ | 111 |   |   |   | 5.10 | % |
|                                  | Loans                                    |   |    | 180,034 |   |                          |   | 5,353  |   |   |   | 6.00 | % |   |   | 136,052 |   |   |   | 4,209 |   |   |   | 6.22 | % |
|                                  | Investment securities                    |   |    | 123,693 |   |                          |   | 3,013  |   |   |   | 4.91 | % |   |   | 135,526 |   |   |   | 3,797 |   |   |   | 5.63 | % |
|                                  | Other interest-earning assets            |   |    | 5,573   |   |                          |   | 68     |   |   |   | 2.46 | % |   |   | 4,474 |   |   |   | 104 |   |   |   | 4.67 | % |
|                                  | Total interest-earning assets            |   |    | 314,026 |   |                          |   | 8,502  |   |   |   | 5.46 | % |   |   | 280,431 |   |   |   | 8,221 |   |   |   | 5.90 | % |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-earning assets            |                                     |   | 22,954  |    |   |                          |   |   |   |   |   |   |   |   | 12,557 |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $       | 336,980 |   |                          |   |   |   |   |   |   |   |   | $ | 292,988 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY: |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Interest-bearing deposits                |   |    | 183,507 |   |                          |   | 2,397  |   |   |   | 2.63 | % |   | $ | 154,815 |   |   | $ | 2,367 |   |   |   | 3.07 | % |
|                                  | FHLB advances and other borrowings       |   |    | 32,512  |   |                          |   | 272    |   |   |   | 1.69 | % |   |   | 33,815 |   |   |   | 448 |   |   |   | 2.66 | % |
|                                  | Long-term borrowings at other banks      |   |    | 35,000  |   |                          |   | 650    |   |   |   | 3.75 | % |   |   | 11,923 |   |   |   | 221 |   |   |   | 3.73 | % |
| Total Interest-Bearing Liabilities    |                                     |   | 251,019 |    |   |                          | 3,319  |   |   |   | 2.67 | % |   |   | 200,553 |   |   |   | 3,036 |   |   |   | 3.04 | % |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | Noninterest-bearing deposits             |   |    | 14,026  |   |                          |   |   |   |   |   |   |   |   |   | 9,580 |   |   |   |   |   |   |   |   |   |
|                                  | Other noninterest-bearing liabilities    |   |    | 2,376   |   |                          |   |   |   |   |   |   |   |   |   | 2,829 |   |   |   |   |   |   |   |   |   |
|                                  | Shareholders' equity                     |   |    | 69,559  |   |                          |   |   |   |   |   |   |   |   |   | 80,026 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                 |                                     |   | $       | 336,980 |   |                          |   |   |   |   |   |   |   |   | $ | 292,988 |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Income                   |                                     |   |    |    |   | $                             | 5,183  |   |   |   |   |   |   |   |   |   |   | $ | 5,185 |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Interest Margin                   |                                     |   |    |    |   |                          |   |   |   |   | 3.33 | % |   |   |   |   |   |   |   |   |   |   | 3.72 | % |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest rate spread                  |                                     |   |    |    |   |                          |   |   |   |   | 2.79 | % |   |   |   |   |   |   |   |   |   |   | 2.85 | % |
|                                  |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average interest-earning assets to    |                                     |   |    |    |   |                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  | average interest-bearing liabilities     |   |    |    |   |                          |   |   |   |   |   | 125.10 | % |   |   |   |   |   |   |   |   |   |   | 139.83 | % |

----

|                                                                                   |   | Six Months Ended                        |   |
|----------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|
|                                                                                   |   | June 30, 2009 Compared to June 30, 2008 |   |
|                                                                                   |   | Increase (Decrease) Due To              |   |
|                                                                                   |   | Volume                                  |   |   | Rate |   |   | Net |   |
|                                                                                   |   | (Dollars in thousands)                  |   |
|     Interest earned on:                                            |   |                                    |   |   |   |   |   |   |   |
|        Interest-earning assets:                     |   |                                    |   |   |   |   |   |   |   |
|          Interest-earning demand deposits |   | $                                       | 75     |   |   | $ | (118 | ) |   | $ | (43 | ) |
|          Loans                            |   |                                    | 1,432  |   |   |   | (288 | ) |   |   | 1,144 |   |
|          Investment securities            |   |                                    | 97     |   |   |   | (881 | ) |   |   | (784 | ) |
|          Other interest-earning assets    |   |                                    | 261    |   |   |   | (297 | ) |   |   | (36 | ) |
|      Total Earning Assets                                     |   |                                    | 1,865  |   |   |   | (1,584 | ) |   |   | 281 |   |
|                                                                                   |   |                                    |   |   |   |   |   |   |   |   |   |   |
|     Interest paid on:                                              |   |                                    |   |   |   |   |   |   |   |   |   |   |
|        Interest bearing deposits                    |   |                                    | 161    |   |   |   | (131 | ) |   |   | 30 |   |
|        FHLB advances and other borrowings           |   |                                    | 132    |   |   |   | (308 | ) |   |   | (176 | ) |
|    Long-term borrowings at other banks                                  |   |                                    | 869    |   |   |   | (440 | ) |   |   | 429 |   |
|     Total Interest-Bearing Liabilities                             |   |                                    | 1,162  |   |   |   | (879 | ) |   |   | 283 |   |
|     Net Interest Income                                            |   | $                                       | 703    |   |   | $ | (705 | ) |   | $ | (2 | ) |

|                                                        |   | Six Months Ended June 30, |   |
|-------------------------------------------------------------|--------|---------------------------|--------|
|                                                        |   | 2009                      |   |   | 2008 |   |   | % Change |   |
|                                                        |   |                      |   |   | (Dollars in thousands) |   |   |   |   |
| Non-interest Income                                         |   |                      |   |   |   |   |   |   |   |
| Customer service and other fees                             |   |                      | 577    |   |   |   | 577 |   |   |   | 0.00 | % |
| Loan servicing and other fees                               |   |                      | 31     |   |   |   | 21 |   |   |   | 47.62 | % |
| Net gains on mortgage loan sales                            |   |                      | 698    |   |   |   | 327 |   |   |   | 113.46 | % |
| Net realized gain on sales of available-for-sale securities |   |                      | 5      |   |   |   | 36 |   |   |   | (86.11 | ) % |
| Net gain on sales of assets-held-for sale                   |   |                      | -      |   |   |   | 295 |   |   |   | (100.00 | ) % |
| Commissions on insurance and brokerage                      |   |                      | 62     |   |   |   | 150 |   |   |   | (58.67 | ) % |
| Net loss on premises and equipment                          |   |                      | (1     | ) |   |   | (37 | ) |   |   | 97.30 | % |
| Other                                                       |   |                      | 13     |   |   |   | 21 |   |   |   | (38.10 | ) % |
| Total noninterest income                                    |   | $                         | 1,385  |   |   | $ | 1,390 |   |   |   | (0.36 | ) % |

----

|                               |   | Six Months Ended June 30,    |   |
|------------------------------------|--------|------------------------------|--------|
|                               |   | 2009                         |   |   | 2008 |   |   | % Change |   |
|                               |   |  (Dollars in thousands) |   |
| Non-interest Expense               |   |                         |   |   |   |   |   |   |   |
| Salaries and employee benefits     |   | $                            | 2,992  |   |   | $ | 2,945 |   |   |   | 1.60 | % |
| Net occupancy expense              |   |                         | 338    |   |   |   | 240 |   |   |   | 40.83 | % |
| Equipment expense                  |   |                         | 320    |   |   |   | 288 |   |   |   | 11.11 | % |
| Data processing fees               |   |                         | 484    |   |   |   | 381 |   |   |   | 27.03 | % |
| Professional fees                  |   |                         | 232    |   |   |   | 325 |   |   |   | (28.62 | ) % |
| Marketing expense                  |   |                         | 164    |   |   |   | 133 |   |   |   | 23.31 | % |
| Office expense                     |   |                         | 146    |   |   |   | 141 |   |   |   | 3.55 | % |
| Losses on foreclosed assets, net   |   |                         | 8      |   |   |   | 3 |   |   |   | 166.67 | % |
| Insurance expense                  |   |                         | 40     |   |   |   | 44 |   |   |   | (9.09 | ) % |
| Mortgage loan outsourced servicing |   |                         | 18     |   |   |   | 26 |   |   |   | (30.77 | ) % |
| Other                              |   |                         | 1,034  |   |   |   | 539 |   |   |   | 91.84 | % |
| Total noninterest expense          |   | $                            | 5,776  |   |   | $ | 5,065 |   |   |   | 14.04 | % |

----

| Tier 1 Core Capital (to adjusted total assets)      | 11.82% |
|-----------------------------------------------------|--------|
| Tangible Equity Ratio (to tangible assets)          | 11.82% |
| Tier 1 Risk-Based Capital (to risk-weighted assets) | 17.28% |
| Total Risk-Based Capital (to risk-weighted assets)  | 18.31% |

----

Form10-K. 

----

| 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, 2009 to April 30, 2009 |   |                            | -      |   |                        | $      | -      |                                                                 |   |   | -                                                                                         |   |   |   | 263,234 |   |
| May 1, 2009 to May 31, 2009     |   |                            | 25,000 |   |                        |   | 9.554  |                                                                 |   |   | 25,000                                                                                    |   |   |   | 238,234 |   |
| June 1, 2009 to June 30, 2009   |   |                            | 40,350 |   |                        |   | 9.417  |                                                                 |   |   | 40,350                                                                                    |   |   |   | 197,884 |   |
| Total                           |   |                            | 65,350 |   |                        | $      | 9.469  |                                                                 |   |   | 65,350                                                                                    |   |   |   | 197,884 |   |

| a. | An annual meeting of shareholders of the Company was held May 20, 2009 (the “Annual Meeting”). |
|----|------------------------------------------------------------------------------------------------------------|

| b. | Not applicable |
|----|----------------|

| c. | The items voted upon at the Annual Meeting and the vote for each proposal were, as follows: |
|----|---------------------------------------------------------------------------------------------|

| 1. | Election of directors. |
|----|------------------------|

| Election of directors with terms ending in 2012 |      |     |
|-------------------------------------------------|-----------|----------|
|                                            |      |     |
| Nominee                                         | For       | Withheld |
| Vernon M. Carrigan                              | 3,811,164 | 28,095   |
| John T. Halliburton                             | 3,816,204 | 23,055   |
| David L. Watson                                 | 3,823,680 | 15,579   |

| 2. | The ratification of the appointment of Horne LLP as independent auditors of the Company for the fiscal year ending December 31, 2009. |   |
|----|---------------------------------------------------------------------------------------------------------------------------------------|--------|

| For       | Against | Abstain |
|-----------|---------|---------|
| 3,812,978 | -       | 26,281  |

----

| 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 11, 2009                                | By:           /s/Earl O. Bradley, III |
|------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|
|                                                                                     | Earl O. Bradley, III                                                                         |
|                                                                                     | Chief Executive Officer                                                                      |
|                                                                                     |                                                                                         |
|                                                                                     |                                                                                         |
|                                                                                     |                                                                                         |
| Dated:            August 11, 2009 | By:           /s/Patrick C. Greenwell |
|                                                                                     | Patrick C. Greenwell                                                                         |
|                                                                                     | Chief Financial Officer                                                                      |

----