----

----

| T      | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE             |
|--------|---------------------------------------------------------------------|
|   | SECURITIES EXCHANGE ACT OF 1934                                     |
|   | For the quarterly period ended September 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 ________________ |

| Michigan                                 |   | 38-2761672                        |
|------------------------------------------|--------|-----------------------------------|
| (State or other jurisdiction of          |   | (IRS Employer Identification No.) |
| incorporation or organization)           |   |                              |
| Capitol Bancorp Center                   |   |                              |
| Fourth Floor                             |   |                              |
| 200 N. Washington Square                 |   |                              |
| Lansing, Michigan                        |   | 48933                             |
| (Address of principal executive offices) |   | (Zip Code)                        |

| Yes   T | No   £ |
|------------------------|----------------------------|

| Yes   £ | No   T |
|-----------------------------|-----------------------|

| Class                      |   | Outstanding at October 31, 2009 |
|----------------------------|--------|---------------------------------|
| Common Stock, No par value |   | 17,509,631 shares               |

| Yes   £ | No   T |
|-----------------------------|-----------------------|

| Large accelerated filer   £                                                                          |   |                                              | Accelerated filer   T |
|--------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|--------------------------------------|
| Non-accelerated filer     £   (Do not check if a smaller reporting company) |   | Smaller reporting company   £ |

----

----

----

----

|  Item 1. |  Financial Statements (unaudited):                                                                                                   | Page   |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------|--------|
|          | Condensed consolidated balance sheets – September 30, 2009 and December 31, 2008.                                                   | 6      |
|          |     Condensed consolidated statements of operations – Three months and nine monthsended September 30, 2009 and 2008. | 7      |
|          | Condensed consolidated statements of changes in equity – Nine months endedSeptember 30, 2009 and 2008.                              | 8      |
|          | Condensed consolidated statements of cash flows – Nine months ended September 30,2009 and 2008.                                     | 9      |
|          | Notes to condensed consolidated financial statements.                                                                                     | 10     |
| Item 2.       | Management's Discussion and Analysis of Financial Condition and Results of Operations.                                                    | 22     |
| Item 3.       | Quantitative and Qualitative Disclosures About Market Risk.                                                                               | 48     |
| Item 4.       | Controls and Procedures.                                                                                                                  | 48     |
|          |                                                                                                                                      |   |
| PART II.      | OTHER INFORMATION                                                                                                                         |   |
|          |                                                                                                                                      |   |
| Item 1.       | Legal Proceedings.                                                                                                                        | 49     |
| Item 1A.      | Risk Factors.                                                                                                                             | 49     |
| Item 2.       | Unregistered Sales of Equity Securities and Use of Proceeds.                                                                              | 49     |
| Item 3.       | Defaults Upon Senior Securities.                                                                                                          | 49     |
| Item 4.       | Submission of Matters to a Vote of Security Holders.                                                                                      | 49     |
| Item 5.       | Other Information.                                                                                                                        | 49     |
| Item 6.       | Exhibits.                                                                                                                                 | 49     |
|          |                                                                                                                                      |   |
| SIGNATURES    |                                                                                                                                      | 50     |
|          |                                                                                                                                      |   |
| EXHIBIT INDEX |                                                                                                                                      | 51     |

----

| PART I, ITEM 1                                                                                       |                               |
|------------------------------------------------------------------------------------------------------|------------------------------------|
|                                                                                                 |                               |   |   |   |   |   |   |
| CAPITOL BANCORP LIMITED                                                                              |                               |
| Condensed Consolidated Balance Sheets                                                                |                               |
| As of September 30, 2009 and December 31, 2008                                                       |                               |
| (in thousands, except share data)                                                                    |                               |
|                                                                                                 |                               |   |   |   |   |   |   |
|                                                                                                 |                               |   | (Unaudited) |   |   |   |   |
|                                                                                                 |                               |   | September 30, 2009 |   |   | December 31, 2008 |   |
|                                                                                                 |                               |   | (As Revised--Note O) |   |   |   |   |
| ASSETS                                                                                               |                               |   |   |   |   |   |   |
| Cash and due from banks                                                                              |                               |   | $ | 95,929 |   |   | $ | 136,499 |   |
| Money market and interest-bearing deposits                                                           |                               |   |   | 768,582 |   |   |   | 391,836 |   |
| Federal funds sold                                                                                   |                               |   |   | 25,183 |   |   |   | 96,031 |   |
|                                                                                                 | Cash and cash equivalents          |   |   | 889,694 |   |   |   | 624,366 |   |
| Loans held for sale                                                                                  |                               |   |   | 14,432 |   |   |   | 10,474 |   |
| Investment securities -- Note C:                                                                     |                               |   |   |   |   |   |   |   |   |
|    Available for sale, carried at fair value                                          |                               |   |   | 18,005 |   |   |   | 15,584 |   |
|    Held for long-term investment, carried at                                          |                               |   |   |   |   |   |   |   |   |
|      amortized cost which approximates fair value                           |                               |   | 30,710 |   |   |   | 32,856 |   |
|                                                                                                 | Total investment securities        |   |   | 48,715 |   |   |   | 48,440 |   |
| Portfolio loans:                                                                                     |                               |   |   |   |   |   |   |   |   |
|    Loans secured by real estate:                                                      |                               |   |   |   |   |   |   |   |   |
|     Commercial                                                                   |                               |   |   | 2,013,181 |   |   |   | 2,115,515 |   |
|     Residential (including multi-family)                                         |                               |   |   | 804,215 |   |   |   | 879,754 |   |
|     Construction, land development and other land                                |                               |   | 579,703 |   |   |   | 797,486 |   |
|                                                                                                 | Total loans secured by real estate |   |   | 3,397,099 |   |   |   | 3,792,755 |   |
|    Commercial and other business-purpose loans                                        |                               |   | 707,302 |   |   |   | 845,593 |   |
|    Consumer                                                                           |                               |   |   | 45,866 |   |   |   | 61,340 |   |
|    Other                                                                              |                               |   |   | 37,114 |   |   |   | 35,541 |   |
|                                                                                                 | Total portfolio loans              |   |   | 4,187,381 |   |   |   | 4,735,229 |   |
|    Less allowance for loan losses                                                     |                               |   |   | (126,188 | ) |   |   | (93,040 | ) |
|                                                                                                 | Net portfolio loans                |   |   | 4,061,193 |   |   |   | 4,642,189 |   |
| Premises and equipment                                                                               |                               |   |   | 49,353 |   |   |   | 59,249 |   |
| Accrued interest income                                                                              |                               |   |   | 16,069 |   |   |   | 18,871 |   |
| Goodwill                                                                                             |                               |   |   | 68,078 |   |   |   | 72,342 |   |
| Other real estate owned                                                                              |                               |   |   | 119,570 |   |   |   | 67,171 |   |
| Other assets                                                                                         |                               |   |   | 55,509 |   |   |   | 111,734 |   |
|                                                                                                 |                               |   |   |   |   |   |   |   |   |
|             TOTAL ASSETS                 |                               |   | $ | 5,322,613 |   |   | $ | 5,654,836 |   |
|                                                                                                 |                               |   |   |   |   |   |   |   |   |
| LIABILITIES AND EQUITY                                                                               |                               |   |   |   |   |   |   |   |   |
| LIABILITIES:                                                                                         |                               |   |   |   |   |   |   |   |   |
| Deposits:                                                                                            |                               |   |   |   |   |   |   |   |   |
|    Noninterest-bearing                                                                |                               |   | $ | 651,887 |   |   | $ | 700,786 |   |
|    Interest-bearing                                                                   |                               |   |   | 3,856,456 |   |   |   | 3,796,826 |   |
|                                                                                                 | Total deposits                     |   |   | 4,508,343 |   |   |   | 4,497,612 |   |
| Debt obligations:                                                                                    |                               |   |   |   |   |   |   |   |   |
|    Notes payable and short-term borrowings                                            |                               |   | 300,326 |   |   |   | 446,925 |   |
|    Subordinated debentures -- Note G                                                  |                               |   |   | 167,402 |   |   |   | 167,293 |   |
|                                                                                                 | Total debt obligations             |   |   | 467,728 |   |   |   | 614,218 |   |
| Accrued interest on deposits and other liabilities                                                   |                               |   | 31,489 |   |   |   | 29,938 |   |
|                                                                                                 | Total liabilities                  |   |   | 5,007,560 |   |   |   | 5,141,768 |   |
|                                                                                                 |                               |   |   |   |   |   |   |   |   |
| EQUITY:                                                                                              |                               |   |   |   |   |   |   |   |   |
| Capitol Bancorp Limited stockholders' equity -- Note E:                                              |                               |   |   |   |   |   |   |   |
|   Preferred stock, 20,000,000 shares authorized;                                           |                               |   |   |   |   |   |   |   |   |
|     none issued and outstanding                                                  |                               |   |   | -- |   |   |   | -- |   |
|   Common stock, no par value,  50,000,000 shares authorized;                     |                               |   |   |   |   |   |   |   |
| issued and outstanding:     2009 - 17,509,631 shares                        |                               |   |   |   |   |   |   |   |
| 2008 - 17,293,908 shares                                                                             |                               |   | 277,087 |   |   |   | 274,018 |   |
|   Retained earnings (deficit)                                                              |                               |   |   | (40,249 | )  |   |   | 80,255 |   |
|   Undistributed common stock held by employee-benefit trust                                |                               |   | (569 | ) |   |   | (569 | ) |
|   Fair value adjustment (net of tax effect) for investment                                 |                               |   |   |   |   |   |   |   |
|      securities available for sale (accumulated other                       |                               |   |   |   |   |   |   |   |
|      comprehensive income)                                                  |                               |   |   | 116 |   |   |   | 144 |   |
| Total Capitol Bancorp Limited stockholders' equity                                                   |                               |   | 236,385 |   |   |   | 353,848 |   |
| Noncontrolling interests in consolidated subsidiaries                                                |                               |   | 78,668 |   |   |   | 159,220 |   |
|                                                                                                 | Total equity                       |   |   | 315,053 |   |   |   | 513,068 |   |
|                                                                                                 |                               |   |   |   |   |   |   |   |   |
|             TOTAL LIABILITIES AND EQUITY |                               | $ | 5,322,613 |   |   | $ | 5,654,836 |   |
|                                                                                                 |                               |   |   |   |   |   |   |   |   |
| See notes to condensed consolidated financial statements.                                            |                               |   |   |   |   |   |   |   |

----

| CAPITOL BANCORP LIMITED                                                                                                                                                                                                                |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Condensed Consolidated Statements of Operations (Unaudited)                                                                                                                                                                            |   |
| For the Three Months and Nine Months Ended September 30, 2009 and 2008                                                                                                                                                                 |   |
| (in thousands, except per share data)                                                                                                                                                                                                  |   |
|                                                                                                                                                                                                                                   |   |   |   |
|                                                                                                                                                                                                                                   |   |  Three-Month Period |   |   | Nine-Month Period |   |
|                                                                                                                                                                                                                                   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
| Interest income:                                                                                                                                                                                                                       |   | (As Revised--Note O)  |   |   |   |   |   | (As Revised--Note O)  |   |   |   |   |
|   Portfolio loans (including fees)                                                                                                                                                                                           |   | $ | 66,502 |   |   | $ | 73,328 |   |   | $ | 202,937 |   |   | $ | 224,897 |   |
|   Loans held for sale                                                                                                                                                                                                        |   |   | 183 |   |   |   | 145 |   |   |   | 744 |   |   |   | 681 |   |
|   Taxable investment securities                                                                                                                                                                                              |   |   | 128 |   |   |   | 154 |   |   |   | 432 |   |   |   | 389 |   |
|   Federal funds sold                                                                                                                                                                                                         |   |   | 31 |   |   |   | 1,259 |   |   |   | 89 |   |   |   | 3,480 |   |
|   Other                                                                                                                                                                                                                      |   |   | 501 |   |   |   | 610 |   |   |   | 1,331 |   |   |   | 1,689 |   |
|                                 Total interest income                  |   |   | 67,345 |   |   |   | 75,496 |   |   |   | 205,533 |   |   |   | 231,136 |   |
| Interest expense:                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Deposits                                                                                                                                                                                                                   |   |   | 21,197 |   |   |   | 27,149 |   |   |   | 68,980 |   |   |   | 84,826 |   |
|   Debt obligations and other                                                                                                                                                                                                 |   |   | 6,096 |   |   |   | 7,308 |   |   |   | 18,462 |   |   |   | 21,144 |   |
|                                 Total interest expense                 |   |   | 27,293 |   |   |   | 34,457 |   |   |   | 87,442 |   |   |   | 105,970 |   |
|                                 Net interest income                    |   |   | 40,052 |   |   |   | 41,039 |   |   |   | 118,091 |   |   |   | 125,166 |   |
| Provision for loan losses                                                                                                                                                                                                              |   |   | 47,335 |   |   |   | 53,810 |   |   |   | 114,909 |   |   |   | 71,787 |   |
| Net interest income (deficiency) after                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                    provision for loan losses |   |   | (7,283 | ) |   |   | (12,771 | ) |   |   | 3,182 |   |   |   | 53,379 |   |
| Noninterest income:                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Service charges on deposit accounts                                                                                                                                                                                        |   |   | 1,562 |   |   |   | 1,526 |   |   |   | 4,569 |   |   |   | 4,316 |   |
|   Trust and wealth-management revenue                                                                                                                                                                                        |   |   | 1,288 |   |   |   | 1,791 |   |   |   | 3,811 |   |   |   | 4,999 |   |
|   Fees from origination of non-portfolio residential                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      mortgage loans                                                                                                                                                                                           |   |   | 788 |   |   |   | 926 |   |   |   | 3,186 |   |   |   | 2,910 |   |
|   Gain on sales of government-guaranteed loans                                                                                                                                                                               |   |   | 1,242 |   |   |   | 608 |   |   |   | 1,887 |   |   |   | 1,831 |   |
|   Gain on sale of bank subsidiary                                                                                                                                                                                            |   |   | 1,187 |   |   |   |   |   |   |   | 1,187 |   |   |   |   |   |
|   Realized gain on sale of investment securities available                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      for sale                                                                                                                                                                                                 |   |   | 41 |   |   |   | 5 |   |   |   | 42 |   |   |   | 50 |   |
|   Other                                                                                                                                                                                                                      |   |   | 1,054 |   |   |   | 2,095 |   |   |   | 4,431 |   |   |   | 5,887 |   |
| Total noninterest income                                                                                                                                                                                                               |   |   | 7,162 |   |   |   | 6,951 |   |   |   | 19,113 |   |   |   | 19,993 |   |
| Noninterest expense:                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Salaries and employee benefits                                                                                                                                                                                             |   |   | 23,482 |   |   |   | 29,319 |   |   |   | 76,977 |   |   |   | 82,597 |   |
|   Occupancy                                                                                                                                                                                                                  |   |   | 4,864 |   |   |   | 4,968 |   |   |   | 14,598 |   |   |   | 13,872 |   |
|   Equipment rent, depreciation and maintenance                                                                                                                                                                               |   |   | 3,046 |   |   |   | 3,821 |   |   |   | 9,680 |   |   |   | 9,695 |   |
|   Costs associated with foreclosed properties and other                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      real estate owned                                                                                                                                                                                        |   |   | 9,641 |   |   |   | 2,040 |   |   |   | 18,202 |   |   |   | 4,132 |   |
|   FDIC insurance premiums and other regulatory fees                                                                                                                                                                          |   |   | 3,796 |   |   |   | 1,029 |   |   |   | 11,258 |   |   |   | 2,899 |   |
|   Other                                                                                                                                                                                                                      |   |   | 10,455 |   |   |   | 12,615 |   |   |   | 26,676 |   |   |   | 33,190 |   |
| Total noninterest expense                                                                                                                                                                                                              |   |   | 55,284 |   |   |   | 53,792 |   |   |   | 157,391 |   |   |   | 146,385 |   |
| Loss before income taxes (benefit)                                                                                                                                                                                                     |   |   | (55,405 | ) |   |   | (59,612 | ) |   |   | (135,096 | ) |   |   | (73,013 | ) |
| Income taxes (benefit)                                                                                                                                                                                                                 |   |   | 72,710 |   |   |   | (20,732 | ) |   |   | 43,886 |   |   |   | (25,428 | ) |
| NET LOSS                                                                                                                                                                                                                               |   |   | (128,115 | ) |   |   | (38,880 | ) |   |   | (178,982 | ) |   |   | (47,585 | ) |
| Less net losses attributable to noncontrolling interests                                                                                                                                                                               |   |   | 45,426 |   |   |   | 6,385 |   |   |   | 59,315 |   |   |   | 17,904 |   |
|                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       NET LOSS ATTRIBUTABLE TO CAPITOL                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       BANCORP LIMITED                                                                                                                                                                                    |   | $ | (82,689 | ) |   | $ | (32,495 | ) |   | $ | (119,667 | ) |   | $ | (29,681 | ) |
|                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       NET LOSS PER SHARE ATTRIBUTABLE                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       TO CAPITOL BANCORP LIMITED -- Note F:                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic and Diluted                                                                                                                                                                                                                      |   | $ | (4.75 | ) |   | $ | (1.90 | ) |   | $ | (6.93 | ) |   | $ | (1.73 | ) |
|                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See notes to condensed consolidated financial statements.                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| CAPITOL BANCORP LIMITED                                                      |   |
|------------------------------------------------------------------------------|--------|
| Condensed Consolidated Statements of Changes in Equity (Unaudited)           |   |
| For the Nine Months Ended September 30, 2009 and 2008                        |   |
| (in thousands, except share and per share data)                              |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   | Capitol Bancorp Limited Stockholders' Equity |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   | Undistributed |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   | Common |   |   |   |   |   | Total Capitol |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   | Stock |   |   | Accumulated |   |   | Bancorp |   |   | Noncontrolling |   |   |   |   |
|                                                                         |   |   |   |   | Retained  |   |   | Held by  |   |   | Other |   |   | Limited |   |   | Interests in |   |   |   |   |
|                                                                         |   | Common |   |   | Earnings |   |   |  Employee- |   |   | Comprehensive |   |   | Stockholders' |   |   | Consolidated |   |   | Total |   |
|                                                                         |   | Stock |   |   | (Deficit) |   |   | Benefit Trust |   |   | Income |   |   | Equity |   |   | Subsidiaries |   |   | Equity |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Nine Months Ended September 30, 2008                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balances at January 1, 2008                                                  |   | $ | 272,208 |   |   | $ | 117,520 |   |   | $ | (586 | ) |   | $ | 3 |   |   | $ | 389,145 |   |   | $ | 156,198 |   |   | $ | 545,343 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Investment in consolidated subsidiary by noncontrolling                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    interests                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 22,410 |   |   |   | 22,410 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of 109,435 shares of common stock upon exercise                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    of stock options                                           |   |   | 1,960 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 1,960 |   |   |   |   |   |   |   | 1,960 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Surrender of 93,964 shares of common stock to facilitate                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    exercise of stock options                                  |   |   | (2,090 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (2,090 | ) |   |   |   |   |   |   | (2,090 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Surrender of 14,199 shares of common stock to facilitate                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    vesting of restricted stock                                |   |   | (286 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (286 | ) |   |   |   |   |   |   | (286 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of 31,790 unvested shares of restricted common                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    stock, net of related unearned employee compensation            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    and 12,322 forfeited shares                                |   |   | -- |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | -- |   |   |   |   |   |   |   | -- |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Recognition of compensation expense relating to restricted                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    common stock and stock options                             |   |   | 1,693 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 1,693 |   |   |   |   |   |   |   | 1,693 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Tax benefits from share-based payments                                       |   |   | 161 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 161 |   |   |   |   |   |   |   | 161 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Transfer of 250 shares of common stock to employee stock                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    ownership plan                                             |   |   | (2 | ) |   |   |   |   |   |   | 6 |   |   |   |   |   |   |   | 4 |   |   |   |   |   |   |   | 4 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash dividends paid ($0.45 per share)                                        |   |   |   |   |   |   | (7,792 | ) |   |   |   |   |   |   |   |   |   |   | (7,792 | ) |   |   |   |   |   |   | (7,792 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Components of comprehensive loss:                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net loss                                                   |   |   |   |   |   |   | (29,681 | ) |   |   |   |   |   |   |   |   |   |   | (29,681 | ) |   |   | (17,904 | ) |   |   | (47,585 | ) |
|    Fair value adjustment for investment securities                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       available for sale (net of income tax effect) |   |   |   |   |   |   |   |   |   |   |   | (6 | ) |   |   | (6 | ) |   |   |   |   |   |   | (6 | ) |
|          Comprehensive loss     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (47,591 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     BALANCES AT SEPTEMBER 30, 2008                       |   | $ | 273,644 |   |   | $ | 80,047 |   |   | $ | (580 | ) |   | $ | (3 | ) |   | $ | 353,108 |   |   | $ | 160,704 |   |   | $ | 513,812 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Nine Months Ended September 30, 2009 (As Revised--Note O)               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balances at January 1, 2009                                                  |   | $ | 274,018 |   |   | $ | 80,255 |   |   | $ | (569 | ) |   | $ | 144 |   |   | $ | 353,848 |   |   | $ | 159,220 |   |   | $ | 513,068 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sale of subsidiary shares to noncontrolling interest                         |   |   |   | 27 |   |   |   |   |   |   |   |   |   |   |   | 27 |   |   |   | 134 |   |   |   | 161 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Reduction in noncontrolling interests in consolidated                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    subsidiaries due to deconsolidation -- Note I                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (18,829 | ) |   |   | (18,829 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of 227,357 shares of common stock to acquire                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    noncontrolling interest in subsidiaries                    |   |   | 2,542 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 2,542 |   |   |   | (2,542 | ) |   |   | -- |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Surrender of 3,934 shares of common stock to facilitate                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    vesting of restricted stock                                |   |   | (23 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (23 | ) |   |   |   |   |   |   | (23 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Recognition of compensation expense relating to restricted                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    common stock and stock options -- Note E                   |   |   | 719 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 719 |   |   |   |   |   |   |   | 719 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Tax effect of share-based payments                                           |   |   | (169 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (169 | ) |   |   |   |   |   |   | (169 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash dividends paid ($0.05 per share)                                        |   |   |   |   |   |   | (864 | ) |   |   |   |   |   |   |   |   |   |   | (864 | ) |   |   |   |   |   |   | (864 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Components of comprehensive loss:                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net loss                                                   |   |   |   |   |   |   | (119,667 | ) |   |   |   |   |   |   |   |   |   |   | (119,667 | ) |   |   | (59,315 | ) |   |   | (178,982 | ) |
|    Fair value adjustment for investment securities                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       available for sale (net of income tax effect) |   |   |   |   |   |   |   |   |   |   |   | (28 | ) |   |   | (28 | ) |   |   |   |   |   |   | (28 | ) |
|          Comprehensive loss     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (119,695 | ) |   |   |   |   |   |   | (179,010 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     BALANCES AT SEPTEMBER 30, 2009                       |   | $ | 277,087 |   |   | $ | (40,249 | )  |   | $ | (569 | ) |   | $ | 116 |   |   | $ | 236,385 |   |   | $ | 78,668 |   |   | $ | 315,053 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See notes to condensed consolidated financial statements.                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| CAPITOL BANCORP LTD.                                                                                                                       |   |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Condensed Consolidated Statements of Cash Flows (Unaudited)                                                                                |   |
| For the Nine Months Ended September 30, 2009 and 2008                                                                                      |   |
| (in thousands)                                                                                                                             |   |
|                                                                                                                                       |   |   |   |   |   |   |
|                                                                                                                                       |   | 2009 |   |   | 2008 |   |
|                                                                                                                                       |   | (As Revised--Note O) |   |   |   |   |
| OPERATING ACTIVITIES                                                                                                                       |   |   |   |   |   |   |
|   Net loss                                                                                                                       |   | $ | (178,982 | ) |   | $ | (47,585 | ) |
|   Adjustments to reconcile net loss to net cash provided                                                                              |   |   |   |   |   |
|     by operating activities:                                                                                           |   |   |   |   |   |   |   |   |
|       Provision for loan losses                                                                              |   |   | 114,909 |   |   |   | 71,787 |   |
|       Depreciation of premises and equipment                                                                 |   |   | 7,841 |   |   |   | 8,433 |   |
|       Amortization of intangibles and goodwill impairment                                                    |   |   | 2,486 |   |   |   | 376 |   |
|       Net accretion of investment security discounts                                                         |   |   | (38 | ) |   |   | (1 | ) |
|       Loss on sale of premises and equipment                                                                 |   |   | 107 |   |   |   | 158 |   |
|       Gain on sales of government-guaranteed loans                                                           |   |   | (1,887 | ) |   |   | (1,831 | ) |
|       Gain on sale of bank subsidiary                                                                        |   |   | (1,187 | ) |   |   |   |   |
|       Realized gain on sale of investment securities available                                                    |   |   |   |   |   |
|          for sale                                                                             |   |   | (42 | ) |   |   | (50 | ) |
|       Loss on sales of other real estate owned                                                               |   |   | 1,007 |   |   |   | 505 |   |
|       Write-down in other real estate owned                                                                  |   |   | 13,002 |   |   |   | 14,730 |   |
|       Amortization of issuance costs of subordinated debentures                                              |   |   | 109 |   |   |   | 81 |   |
|       Share-based compensation expense                                                                       |   |   | 719 |   |   |   | 1,693 |   |
|       Provision to establish valuation allowance for deferred                                                     |   |   |   |   |   |
|          tax assets                                                                           |   |   | 41,845 |   |   |   | - |   |
|   Originations and purchases of loans held for sale                                                                              |   |   | (261,951 | ) |   |   | (170,646 | ) |
|   Proceeds from sales of loans held for sale                                                                                     |   |   | 257,552 |   |   |   | 179,731 |   |
|   Decrease (increase) in accrued interest income and other assets                                                                |   |   | 23,369 |   |   |   | (36,133 | ) |
|   Increase (decrease) in accrued interest expense on deposits and                                                                     |   |   |   |   |
|      other liabilities                                                                                            |   |   | 2,751 |   |   |   | (5,065 | ) |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
|                 NET CASH PROVIDED BY OPERATING             |   |   |   |   |   |   |   |   |
|                    ACTIVITIES               |   |   | 21,610 |   |   |   | 16,183 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| INVESTING ACTIVITIES                                                                                                                       |   |   |   |   |   |   |   |   |
|   Proceeds from sales of investment securities available for sale                                                                |   |   | 916 |   |   |   | 1,024 |   |
|   Proceeds from calls, prepayments and maturities of investment                                                                       |   |   |   |   |   |
|      securities                                                                                                   |   |   | 15,166 |   |   |   | 14,435 |   |
|   Purchases of investment securities                                                                                             |   |   | (33,783 | ) |   |   | (27,171 | ) |
|   Net decrease (increase) in portfolio loans                                                                                     |   |   | 132,454 |   |   |   | (441,524 | ) |
|   Proceeds from sales of premises and equipment                                                                                  |   |   | 1,974 |   |   |   | 167 |   |
|   Purchases of premises and equipment                                                                                            |   |   | (3,655 | ) |   |   | (8,727 | ) |
|   Proceeds from sale of bank subsidiary                                                                                          |   |   | 9,506 |   |   |   |   |   |
|   Proceeds from sale of other real estate owned                                                                                  |   |   | 11,182 |   |   |   | 5,746 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| NET CASH PROVIDED (USED) BY INVESTING                                                                                                      |   |   |   |   |   |
|                    ACTIVITIES               |   |   | 133,760 |   |   |   | (456,050 | ) |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| FINANCING ACTIVITIES                                                                                                                       |   |   |   |   |   |   |   |   |
|   Net increase (decrease) in demand deposits, NOW accounts                                                                            |   |
|      and savings accounts                                                                                         |   |   | 295,852 |   |   |   | (79,524 | ) |
|   Net increase (decrease) in certificates of deposit                                                                             |   |   | (27,992 | ) |   |   | 518,340 |   |
|   Net proceeds from (payments on) debt obligations                                                                               |   |   | 953 |   |   |   | (3,665 | ) |
|   Proceeds from Federal Home Loan Bank advances                                                                                  |   |   | 2,768,830 |   |   |   | 1,278,205 |   |
|   Payments on Federal Home Loan Bank advances                                                                                    |   |   | (2,876,522 | ) |   |   | (1,162,388 | ) |
|   Net proceeds from issuance of subordinated debentures                                                                          |   |   | - |   |   |   | 11,131 |   |
|   Resources provided by noncontrolling interests                                                                                 |   |   | 134 |   |   |   | 22,410 |   |
|   Net proceeds from issuance of common stock                                                                                     |   |   | - |   |   |   | 1,960 |   |
|   Tax effect of share-based payments                                                                                             |   |   | (169 | ) |   |   | 161 |   |
|   Cash dividends paid                                                                                                            |   |   | (864 | ) |   |   | (7,792 | ) |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
|                 NET CASH PROVIDED BY FINANCING ACTIVITIES  |   |   | 160,222 |   |   |   | 578,838 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
|                 INCREASE IN CASH AND CASH EQUIVALENTS      |   |   | 315,592 |   |   |   | 138,971 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| Cash and cash equivalents of deconsolidated subsidiaries                                                                                   |   |   | (50,264 | ) |   |   | - |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| Cash and cash equivalents at beginning of period                                                                                           |   |   | 624,366 |   |   |   | 352,372 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
|                 CASH AND CASH EQUIVALENTS AT END OF PERIOD |   | $ | 889,694 |   |   | $ | 491,343 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                                                                                          |   |   |   |   |   |   |   |   |
|   Cash paid during the period for interest on deposits and debt obligations                                                      |   | $ | 88,356 |   |   | $ | 106,789 |   |
|   Transfers of loans to other real estate owned                                                                                  |   |   | 80,991 |   |   |   | 63,458 |   |
|   Surrender of common stock to facilitate exercise of stock options                                                                   |   |   |   |   |
|      and vesting of restricted stock                                                                              |   |   | 23 |   |   |   | 2,376 |   |
|                                                                                                                                       |   |   |   |   |   |   |   |   |
| See notes to condensed consolidated financial statements.                                                                                  |   |   |   |   |   |   |   |   |

----

----

----

|                                      |   | September 30, 2009 |      |   | December 31, 2008  |
|-------------------------------------------|--------|--------------------|-----------|--------|--------------------|
|                                      |   | AmortizedCost      |      |   | EstimatedFairValue |   |   | AmortizedCost |   |   | EstimatedFairValue |
| Available for sale:                       |   |               |      |   |               |   |   |   |   |   |   |
| United States government agencysecurities |   | $                  | 7,150     |   |               | $ | 7,161 |   |   | $ | 9,785 |   |   | $ | 9,913 |
| Mortgage-backed securities                |   |               | 9,912     |   |               |   | 10,061 |   |   |   | 4,813 |   |   |   | 4,890 |
| Municipals                                |   |               | 767       |   |               |   | 783 |   |   |   | 768 |   |   |   | 781 |
|                                      |   |               | 17,829    |   |               |   | 18,005 |   |   |   | 15,366 |   |   |   | 15,584 |
| Held for long-term investment:            |   |               |      |   |               |   |   |   |   |   |   |   |   |   |   |
| Federal Reserve Bank stock                |   |               | 210       |   |               |   | 210 |   |   |   | 146 |   |   |   | 146 |
| Federal Home Loan Bank stock              |   |               | 24,534    |   |               |   | 24,534 |   |   |   | 26,053 |   |   |   | 26,053 |
| Capitol Development BancorpLimited III    |   |               |  637 |   |               |   |  637 |   |   |   |   |   |   |   |   |
| Corporate                                 |   |               | 5,229     |   |               |   | 5,229 |   |   |   | 6,591 |   |   |   | 6,591 |
| Other                                     |   |               | 100       |   |               |   | 100 |   |   |   | 66 |   |   |   | 66 |
|                                      |   |               | 30,710    |   |               |   | 30,710 |   |   |   | 32,856 |   |   |   | 32,856 |
|                                      |   |               |      |   |               |   |   |   |   |   |   |   |   |   |   |
|                                      |   | $                  | 48,539    |   |               | $ | 48,715 |   |   | $ | 48,222 |   |   | $ | 48,440 |

|                                      |   | September 30, 2009 |   |   | December 31, 2008 |
|-------------------------------------------|--------|--------------------|--------|--------|-------------------|
|                                      |   | Gains              |   |   | Losses            |   |   | Gains |   |   | Losses |
| United States government agencysecurities |   | $                  | 13     |   |              | $ | 2 |   |   | $ | 128 |   |   | $ | -- |
| Mortgage-backed securities                |   |               | 149    |   |              |   | -- |   |   |   | 85 |   |   |   | 8 |
| Municipals                                |   |               | 16     |   |              |   | -- |   |   |   | 13 |   |   |   | -- |
|                                      |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |
|                                      |   | $                  | 178    |   |              | $ | 2 |   |   | $ | 226 |   |   | $ | 8 |

----

|                                      |   | September 30, 2009 |    |   | December 31, 2008 |
|-------------------------------------------|--------|--------------------|---------|--------|-------------------|
|                                      |   | UnrealizedLoss     |    |   | CarryingValue     |   |   | UnrealizedLoss |   |   | CarryingValue |
|                                      |   |               |    |   |              |   |   |   |   |   |   |
| One year or less:                         |   |               |    |   |              |   |   |   |   |   |   |
| Mortgage-backed securities                |   | $                  | --      |   |              | $ | -- |   |   | $ | 4 |   |   | $ | 281 |
| United States government agencysecurities |   |               |  2 |   |              |   |  700 |   |   |   |  -- |   |   |   |  -- |
|                                      |   | $                  | 2       |   |              | $ | 700 |   |   | $ | 4 |   |   | $ | 281 |
| In excess of one year:                    |   |               |    |   |              |   |   |   |   |   |   |   |   |   |   |
| Mortgage-backed securities                |   | $                  | --      |   |              | $ | -- |   |   | $ | 4 |   |   | $ | 501 |

|                                |   | AmortizedCost |   |   | EstimatedFair Value |
|-------------------------------------|--------|---------------|--------|--------|---------------------|
|                                |   |          |   |   |                |
| Due in one year or less             |   | $             | 5,517  |   |                | $ | 5,523 |
| After one year, through five years  |   |          | 2,311  |   |                |   | 2,326 |
| After five years, through ten years |   |          | 580    |   |                |   | 591 |
| After ten years                     |   |          | 9,421  |   |                |   | 9,565 |
| Securities held for long-term       |   |          |   |   |                |   |   |
| investment without stated           |   |          |   |   |                |   |   |
| maturities                          |   |          | 30,710 |   |                |   | 30,710 |
|                                |   |          |   |   |                |   |   |
|                                |   | $             | 48,539 |   |                | $ | 48,715 |

|   | Level 1:  Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 2:  Significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be derived from or corroborated by observable market data by correlation or other means. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level 3:  Significant unobservable inputs that reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing an asset or liability. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | Investment securities available for sale:  Securities available for sale are recorded at fair value on a recurring basis.  Fair value measurement is based on quoted prices, when available (Level 1).  If quoted prices are not available, fair values are measured using independent pricing models (Level 2). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mortgage loans held for sale:  Mortgage loans held for sale are carried at the lower of cost or fair value and are measured on a nonrecurring basis.  There were no mortgage loans held for sale written down to fair value at September 30, 2009.  Fair value is based on independent quoted market prices, where applicable, or the prices for other mortgage whole loans with similar characteristics. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Loans:  The Corporation does not record loans at fair value on a recurring basis.  However, from time to time, nonrecurring fair value adjustments to collateral-dependent loans are recorded to reflect partial write-downs based on the observable market price, current appraised value of the collateral or other estimates of fair value. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Other real estate owned:  At the time of foreclosure, foreclosed properties are adjusted to estimated fair value less estimated costs to sell upon transfer from portfolio loans to other real estate owned, establishing a new accounting basis.  The Corporation subsequently adjusts estimated fair value on other real estate owned on a nonrecurring basis to reflect partial write-downs based on the observable market price, current appraised value of the asset or other estimates of fair value. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                      |   | Total  |      |   | Significant OtherObservable Inputs(Level 2) |
|-------------------------------------------|--------|--------|-----------|--------|---------------------------------------------|
|                                      |   |   |      |   |                                        |
| Investment securities available for sale: |   |   |      |   |                                        |
| United States government agencysecurities |   | $      | 7,161     |   |                                        | $ | 7,161 |
| Mortgage-backed securities                |   |   | 10,061    |   |                                        |   | 10,061 |
| Municipals                                |   |   |  783 |   |                                        |   |  783 |
|                                      |   | $      | 18,005    |   |                                        | $ | 18,005 |

|                                      |   | Total  |      |   | Significant OtherObservable Inputs(Level 2) |
|-------------------------------------------|--------|--------|-----------|--------|---------------------------------------------|
|                                      |   |   |      |   |                                        |
| Investment securities available for sale: |   |   |      |   |                                        |
| United States government agencysecurities |   | $      | 9,913     |   |                                        | $ | 9,913 |
| Mortgage-backed securities                |   |   | 4,890     |   |                                        |   | 4,890 |
| Municipals                                |   |   |  781 |   |                                        |   |  781 |
|                                      |   | $      | 15,584    |   |                                        | $ | 15,584 |

----

|                        |   | As Revised |
|-----------------------------|--------|------------|
|                        |   | Total      |   |   | SignificantUnobservable Inputs(Level 3) |
|                        |   |       |   |   |   |
| Impaired loans (1)          |   | $          | 121,761 |   |   | $ | 121,761 |
|                        |   |       |   |   |   |   |   |
| Other real estate owned (1) |   | $          | 119,570 |   |   | $ | 119,570 |

| (1)   | Represents carrying value based on the appraised value of the applicable collateral or foreclosed property or other estimates of fair value. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------|

|               |   | Total  |    |   | Significant OtherObservable Inputs(Level 2) |
|--------------------|--------|--------|---------|--------|---------------------------------------------|
|               |   |   |    |   |                                        |
| Impaired loans (1) |   | $      | 103,580 |   |                                        | $ | 103,580 |

| (1)   | Represents carrying value based on the appraised value of the applicable collateral or other estimates of fair value. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------|

----

|                                         |   | September 30, 2009 (As Revised)  |          |   | December 31, 2008  |   |
|----------------------------------------------|--------|---------------------------------------|---------------|--------|-------------------------|--------|
|                                         |   | CarryingValue                         |          |   | EstimatedFair Value     |   |   | CarryingValue |   |   | EstimatedFair Value |   |
| Financial assets:                            |   |                                  |          |   |                    |   |   |   |   |   |   |   |
| Cash and cash equivalents                    |   | $                                     | 889,694       |   |                    | $      | 889,694 |   |   | $ | 624,366 |   |   | $ | 624,366 |   |
| Loans held for sale                          |   |                                  | 14,432        |   |                    |   | 14,432 |   |   |   | 10,474 |   |   |   | 10,474 |   |
| Investment securities:                       |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Available for sale                           |   |                                  | 18,005        |   |                    |   | 18,005 |   |   |   | 15,584 |   |   |   | 15,584 |   |
| Held for long-term investment                |   |                                  | 30,710        |   |                    |   | 30,710 |   |   |   | 32,856 |   |   |   | 32,856 |   |
|                                         |   |                                  | 48,715        |   |                    |   | 48,715 |   |   |   | 48,440 |   |   |   | 48,440 |   |
| Portfolio loans:                             |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Loans secured by real estate:                |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                   |   |                                  | 2,013,181     |   |                    |   | 2,026,683 |   |   |   | 2,115,515 |   |   |   | 2,105,204 |   |
| Residential (including multi-family)         |   |                                  | 804,215       |   |                    |   | 800,397 |   |   |   | 879,754 |   |   |   | 865,406 |   |
| Construction, land development and otherland |   |                                  |  579,703 |   |                    |   |  515,184 |   |   |   |  797,486 |   |   |   |  753,028 |   |
|   Total loans secured by real estate    |   |                                  | 3,397,099     |   |                    |   | 3,342,264 |   |   |   | 3,792,755 |   |   |   | 3,723,638 |   |
| Commercial and other business-purpose loans  |   |                                  | 707,302       |   |                    |   | 706,085 |   |   |   | 845,593 |   |   |   | 830,283 |   |
| Consumer                                     |   |                                  | 45,866        |   |                    |   | 46,394 |   |   |   | 61,340 |   |   |   | 62,313 |   |
| Other                                        |   |                                  | 37,114        |   |                    |   | 36,243 |   |   |   | 35,541 |   |   |   | 32,504 |   |
|   Total portfolio loans                 |   |                                  | 4,187,381     |   |                    |   | 4,130,986 |   |   |   | 4,735,229 |   |   |   | 4,648,738 |   |
| Less allowance for loan losses               |   |                                  | (126,188      | )      |                    |   | (126,188 | ) |   |   | (93,040 | ) |   |   | (93,040 | ) |
|   Net portfolio loans                   |   |                                  | 4,061,193     |   |                    |   | 4,004,798 |   |   |   | 4,642,189 |   |   |   | 4,555,698 |   |
|                                         |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Financial liabilities:                       |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Deposits:                                    |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-bearing                          |   |                                  | 651,887       |   |                    |   | 651,887 |   |   |   | 700,786 |   |   |   | 700,786 |   |
| Interest-bearing:                            |   |                                  |          |   |                    |   |   |   |   |   |   |   |   |   |   |   |
| Demand accounts                              |   |                                  | 1,341,614     |   |                    |   | 1,341,619 |   |   |   | 1,231,170 |   |   |   | 1,231,172 |   |
| Time certificates of less than $100,000      |   |                                  | 909,826       |   |                    |   | 917,813 |   |   |   | 1,160,221 |   |   |   | 1,161,411 |   |
| Time certificates of $100,000 or more        |   |                                  | 1,605,016     |   |                    |   | 1,610,752 |   |   |   | 1,405,435 |   |   |   | 1,408,431 |   |
|   Total interest-bearing                |   |                                  | 3,856,456     |   |                    |   | 3,870,184 |   |   |   | 3,796,826 |   |   |   | 3,801,014 |   |
|   Total deposits                        |   |                                  | 4,508,343     |   |                    |   | 4,522,071 |   |   |   | 4,497,612 |   |   |   | 4,501,800 |   |
| Notes payable and short-term borrowings      |   |                                  | 300,326       |   |                    |   | 302,051 |   |   |   | 446,925 |   |   |   | 447,490 |   |
| Subordinated debentures                      |   |                                  | 167,402       |   |                    |   | 170,841 |   |   |   | 167,293 |   |   |   | 170,841 |   |

----

|                        |   | Number ofStock OptionsOutstanding |          |   | ExercisePriceRange |   |                                                         | WeightedAverageExercisePrice |
|-----------------------------|--------|-----------------------------------|---------------|--------|--------------------|--------|--------------------------------------------------------------|------------------------------|
|                        |   |                              |          |   |               |   |                                                         |                         |
| Outstanding at January 1    |   |                              | 2,374,159     |   |               | $      |   13.50 to $ 46.20                       |                         |   | $ | 28.28 |
| Granted                     |   |                              | 69,520        |   |               |   | 6.04                                                         |                         |   |   | 6.04 |
| Exercised                   |   |                              | --            |   |               |   |                                                         |                         |   |   |   |
| Cancelled or expired        |   |                              |  (68,699 | )      |               |   |    13.50 to    21.82 |                         |   |   | 20.88 |
|                        |   |                              |          |   |               |   |                                                         |                         |   |   |   |
| Outstanding at September 30 |   |                              | 2,374,980     |   |               | $      | 6.04 to $ 46.20                               |                         |   | $ | 27.84 |

|                |                     |   |              |      |          | Weighted Average |
|---------------------|--------------------------|--------|-------------------|-----------|---------------|------------------|
| Exercise PriceRange |                     |   | NumberOutstanding |      |          | ExercisePrice    |   | RemainingContractualLife |
|                |                     |   |              |      |          |             |   |   |
| $                   | 5.00 to 14.99  |   |              |      | 69,520        |             |   | $ | 6.04 |   | 6.61 years |
| $                   | 15.00 to 19.99 |   |              |      | 135,288       |             |   |   | 16.67 |   | 1.23 years |
| $                   | 20.00 to 24.99 |   |              |      | 522,130       |             |   |   | 21.70 |   | 2.30 years |
| $                   | 25.00 to 29.99 |   |              |      | 585,415       |             |   |   | 27.09 |   | 1.15 years |
| $                   | 30.00 to 34.99 |   |              |      | 695,119       |             |   |   | 32.10 |   | 2.19 years |
| $              | 35.00 or more  |   |              |      |  367,508 |             |   |   | 37.92 |   | 3.42 years |
|                |                     |   |              |      |          |             |   |   |   |   |   |
| Total outstanding   |                     |   |              | 2,374,980 |          |             |   |   |   |   |

----

|                                                                                                                     |   | Three Month Period |                |   | Nine Month Period |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------|---------------------|--------|-------------------|--------|
|                                                                                                                     |   | 2009               |                |   | 2008              |   |   | 2009 |   |   | 2008 |   |
|                                                                                                                     |   | (As Revised)       |                |   |              |   |   | (As Revised) |   |   |   |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |
| Numerator—net loss attributable to CapitolBancorp Limited for the period                                           |   | $                  | (82,689             | )      |              | $      | (32,495 | ) |   | $ | (119,667 | ) |   | $ | (29,681 | ) |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Denominator:                                                                                                             |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding,excluding unvested restricted shares(denominator for basic loss per share) |   |               |    17,398 |   |              |   |    17,145 |   |   |   |    17,269 |   |   |   |    17,144 |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Effect of dilutive securities:                                                                                           |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Unvested restricted shares                                                                                               |   |               | --                  |   |              |   | -- |   |   |   | -- |   |   |   | -- |   |
| Warrants                                                                                                                 |   |               | --                  |   |              |   |   |   |   |   | -- |   |   |   |   |   |
| Stock options                                                                                                            |   |               | --                  |   |              |   | -- |   |   |   | -- |   |   |   | -- |   |
| Total effect of dilutive securities                                                                                      |   |               | --                  |   |              |   | -- |   |   |   | -- |   |   |   | -- |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Denominator for diluted net loss per share—                                                                        |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares andpotential dilution                                                                  |   |               |  17,398        |   |              |   |  17,145 |   |   |   |  17,269 |   |   |   |  17,144 |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Number of antidilutive stock options excludedfrom diluted net loss per share computation(see Note E)                     |   |               |    2,375  |   |              |   |    2,389 |   |   |   |    2,375 |   |   |   |    2,389 |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Number of antidilutive unvested restricted sharesexcluded from diluted net loss per sharecomputation                     |   |               |    109    |   |              |   |    61 |   |   |   |    109 |   |   |   |    61 |   |
|                                                                                                                     |   |               |                |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Number of antidilutive warrants excluded fromdiluted net loss per share computation                                      |   |               |  76            |   |              |   |   |   |   |   |  76 |   |   |   |   |   |

----

----

----

|                                                                         |   | For the Three Months EndedSeptember 30, 2009 |     |   | As of and for the Nine Months EndedSeptember 30, 2009 |   |
|------------------------------------------------------------------------------|--------|----------------------------------------------|----------|--------|-------------------------------------------------------|--------|
|                                                                         |   | AsPreviouslyReported                         |     |   |  Adjustment                                      |   |   |  As Revised |   |   | AsPreviouslyReported |   |   |  Adjustment |   |   |  As Revised |   |
|                                                                         |   |                                         |     |   |                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net portfolio loans                                                          |   |                                         |     |   |                                                  |   |   |   |   |   | $ | 4,063,346 |   |   | $ | (2,153 | ) |   | $ | 4,061,193 |   |
| Other real estate owned                                                      |   |                                         |     |   |                                                  |   |   |   |   |   |   | 119,801 |   |   |   | (231 | ) |   |   | 119,570 |   |
| Other assets                                                                 |   |                                         |     |   |                                                  |   |   |   |   |   |   | 54,674 |   |   |   | 835 |   |   |   | 55,509 |   |
| Total assets                                                                 |   |                                         |     |   |                                                  |   |   |   |   |   |   | 5,324,162 |   |   |   | (1,549 | ) |   |   | 5,322,613 |   |
| Retained earnings deficit                                                    |   |                                         |     |   |                                                  |   |   |   |   |   |   | (38,700 | ) |   |   | (1,549 | ) |   |   | (40,249 | ) |
| Total Capitol BancorpLimited stockholders'equity                             |   |                                         |     |   |                                                  |   |   |   |   |   |   |    237,934 |   |   |   | (1,549 | ) |   |   |    236,385 |   |
|                                                                         |   |                                         |     |   |                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for loan losses                                                    |   | $                                            | 48,771   |   |                                                  | $      | (1,436 | ) |   | $ | 47,335 |   |   |   | 112,756 |   |   |   | 2,153 |   |   |   | 114,909 |   |
| Noninterest expense                                                          |   |                                         | 55,477   |   |                                                  |   | (193 | ) |   |   | 55,284 |   |   |   | 157,160 |   |   |   | 231 |   |   |   | 157,391 |   |
| Loss before income taxes                                                     |   |                                         | (57,034  | )      |                                                  |   | 1,629 |   |   |   | (55,405 | ) |   |   | (132,712 | ) |   |   | (2,384 | ) |   |   | (135,096 | ) |
| Income taxes (benefit)                                                       |   |                                         | 72,140   |   |                                                  |   | 570 |   |   |   | 72,710 |   |   |   | 44,721 |   |   |   | (835 | ) |   |   | 43,886 |   |
| Net loss                                                                     |   |                                         | (129,174 | )      |                                                  |   | 1,059 |   |   |   | (128,115 | ) |   |   | (177,433 | ) |   |   | (1,549 | ) |   |   | (178,982 | ) |
| Net loss attributable toCapitol Bancorp Limited                              |   |                                         | (83,748  | )      |                                                  |   |  1,059 |   |   |   | (82,689 | ) |   |   | (118,118 | ) |   |   | (1,549 | ) |   |   | (119,667 | ) |
| Net loss per share attributableto Capitol Bancorp Limited(basic and diluted) |   | $                                            | (4.81    | )      |                                                  | $      |  0.06 |   |   | $ | (4.75 | ) |   | $ | (6.84 | ) |   | $ | (0.09 | ) |   | $ | (6.93 | ) |

----

----

|                            |   | Total Assets       |
|---------------------------------|--------|--------------------|
|                            |   | September 30, 2009 |   |   | December 31, 2008 |
|                            |   | (As Revised)       |   |   |   |
| Arizona Region:                 |   |               |   |   |   |
| Arrowhead Community Bank        |   | $                  | 77,223 |   |   | $ | 80,606 |
| Asian Bank of Arizona           |   |               | 40,202 |   |   |   | 38,127 |
| Bank of Tucson                  |   |               | 206,996 |   |   |   | 189,869 |
| Camelback Community Bank        |   |               | 89,859 |   |   |   | 93,754 |
| Central Arizona Bank            |   |               | 88,347 |   |   |   | 79,775 |
| Colonia Bank                    |   |               | 12,786 |   |   |   | 12,522 |
| Mesa Bank                       |   |               | 205,256 |   |   |   | 248,262 |
| Southern Arizona Community Bank |   |               | 89,568 |   |   |   | 88,146 |
| Sunrise Bank of Albuquerque     |   |               | 79,724 |   |   |   | 81,977 |
| Sunrise Bank of Arizona         |   |               | 112,318 |   |   |   | 119,395 |
| Yuma Community Bank(3)          |   |               |   |   |   |   | 73,028 |
| Arizona Region Total            |   |               | 1,002,279 |   |   |   | 1,105,461 |
|                            |   |               |   |   |   |   |   |
| California Region:              |   |               |   |   |   |   |   |
| Bank of Escondido               |   |               | 106,147 |   |   |   | 96,803 |
| Bank of Feather River           |   |               | 34,014 |   |   |   | 29,218 |
| Bank of San Francisco           |   |               | 81,270 |   |   |   | 74,670 |
| Bank of Santa Barbara(2)        |   |               |   |   |   |   | 72,076 |
| Napa Community Bank             |   |               | 163,014 |   |   |   | 149,093 |
| Point Loma Community Bank       |   |               | 75,167 |   |   |   | 61,514 |
| Sunrise Bank of San Diego       |   |               | 84,048 |   |   |   | 86,322 |
| Sunrise Community Bank          |   |               | 42,323 |   |   |   | 36,139 |
| California Region Total         |   |               | 585,983 |   |   |   | 605,835 |
|                            |   |               |   |   |   |   |   |
| Colorado Region:                |   |               |   |   |   |   |   |
| Fort Collins Commerce Bank      |   |               | 88,504 |   |   |   | 80,247 |
| Larimer Bank of Commerce        |   |               | 90,146 |   |   |   | 88,725 |
| Loveland Bank of Commerce       |   |               | 38,944 |   |   |   | 32,034 |
| Mountain View Bank of Commerce  |   |               | 46,226 |   |   |   | 37,740 |
| Colorado Region Total           |   |               | 263,820 |   |   |   | 238,746 |
|                            |   |               |   |   |   |   |   |
| Great Lakes Region:             |   |               |   |   |   |   |   |
| Bank of Auburn Hills            |   |               | 36,124 |   |   |   | 43,856 |
| Bank of Maumee                  |   |               | 50,048 |   |   |   | 56,812 |
| Bank of Michigan                |   |               | 107,384 |   |   |   | 78,716 |
| Capitol National Bank           |   |               | 227,743 |   |   |   | 245,354 |
| Elkhart Community Bank          |   |               | 96,550 |   |   |   | 99,917 |
| Evansville Commerce Bank        |   |               | 56,601 |   |   |   | 63,228 |
| Goshen Community Bank           |   |               | 80,393 |   |   |   | 87,419 |
| Michigan Commerce Bank(1)       |   |               | 1,187,296 |   |   |   | 1,275,125 |
| Ohio Commerce Bank              |   |               | 63,716 |   |   |   | 60,678 |
| Paragon Bank & Trust        |   |               | 102,320 |   |   |   | 107,491 |
| Great Lakes Region Total        |   |               | 2,008,175 |   |   |   | 2,118,596 |

|                          |   |   |    |   |   |
|-------------------------------|--------|--------|---------|--------|--------|
| Midwest Region:               |   |   |    |   |   |
| Adams Dairy Bank              |   |   | 42,248  |   |   |   | 33,867 |
| Bank of Belleville            |   |   | 73,017  |   |   |   | 73,901 |
| Community Bank of Lincoln     |   |   | 56,535  |   |   |   | 53,222 |
| Summit Bank of Kansas City(2) |   |   |    |   |   |   | 53,429 |
| Midwest Region Total          |   |   | 171,800 |   |   |   | 214,419 |
|                          |   |   |    |   |   |   |   |
| Nevada Region:                |   |   |    |   |   |   |   |
| 1st Commerce Bank             |   |   | 41,184  |   |   |   | 52,622 |
| Bank of Las Vegas             |   |   | 74,333  |   |   |   | 73,692 |
| Black Mountain Community Bank |   |   | 173,101 |   |   |   | 157,545 |
| Desert Community Bank         |   |   | 107,244 |   |   |   | 100,312 |
| Red Rock Community Bank       |   |   | 138,547 |   |   |   | 126,993 |
| Nevada Region Total           |   |   | 534,409 |   |   |   | 511,164 |

----

|                          |   | Total Assets       |
|-------------------------------|--------|--------------------|
|                          |   | September 30, 2009 |   |   | December 31, 2008 |
|                          |   | (As Revised)       |   |   |   |
| Northeast Region:             |   |               |   |   |   |
| USNY Bank                     |   | $                  | 61,163 |   |   | $ | 49,620 |
|                          |   |               |   |   |   |   |   |
| Northwest Region:             |   |               |   |   |   |   |   |
| Bank of Bellevue              |   |               | 57,091 |   |   |   | 55,841 |
| Bank of Everett               |   |               | 44,232 |   |   |   | 44,756 |
| Bank of Tacoma                |   |               | 43,932 |   |   |   | 44,241 |
| High Desert Bank              |   |               | 44,803 |   |   |   | 41,904 |
| Issaquah Community Bank       |   |               | 35,034 |   |   |   | 36,942 |
| Northwest Region Total        |   |               | 225,092 |   |   |   | 223,684 |
|                          |   |               |   |   |   |   |   |
| Southeast Region:             |   |               |   |   |   |   |   |
| Bank of Valdosta              |   |               | 52,662 |   |   |   | 58,995 |
| Community Bank of Rowan(2)    |   |               |   |   |   |   | 138,341 |
| First Carolina State Bank     |   |               | 114,011 |   |   |   | 119,774 |
| Peoples State Bank            |   |               | 26,837 |   |   |   | 29,233 |
| Pisgah Community Bank         |   |               | 58,705 |   |   |   | 36,897 |
| Sunrise Bank of Atlanta       |   |               | 57,521 |   |   |   | 62,198 |
| Southeast Region Total        |   |               | 309,736 |   |   |   | 445,438 |
|                          |   |               |   |   |   |   |   |
| Texas Region:                 |   |               |   |   |   |   |   |
| Bank of Fort Bend             |   |               | 34,831 |   |   |   | 26,424 |
| Bank of Las Colinas           |   |               | 43,810 |   |   |   | 31,354 |
| Texas Region Total            |   |               | 78,641 |   |   |   | 57,778 |
|                          |   |               |   |   |   |   |   |
| Parent company and other, net |   |               | 81,515 |   |   |   | 84,095 |
|                          |   |               |   |   |   |   |   |
| Consolidated Totals           |   | $                  | 5,322,613 |   |   | $ | 5,654,836 |

| (1) | Michigan Commerce Bank resulted from the merger of Ann Arbor Commerce Bank, Brighton Commerce Bank, Detroit Commerce Bank, Grand Haven Bank, Kent Commerce Bank, Macomb Community Bank, Muskegon Commerce Bank, Oakland Commerce Bank and Portage Commerce Bank effective March 31, 2009.  For comparative purposes, the merger of those banks is presented as if such merger occurred December 31, 2008. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Bank of Santa Barbara, Community Bank of Rowan and Summit Bank of Kansas City are majority-owned subsidiaries of Capitol Development Bancorp Limited (CDBL) III of which Capitol ceased to have majority voting control effective September 30, 2009.  Thus, effective September 30, 2009, those banks and CDBL III ceased to be consolidated subsidiaries of Capitol.                                    |
| (3) | Capitol sold its ownership in Yuma Community Bank effective September 21, 2009.                                                                                                                                                                                                                                                                                                                                     |

----

|                                                                        |   | Periods Ended September 30 |          |
|-----------------------------------------------------------------------------|--------|----------------------------|---------------|
|                                                                        |   | Three Month Period         |          |   | Nine Month Period |   |
|                                                                        |   | 2009                       |          |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                                        |   | (As Revised)               |          |   |   |   |   | (As Revised) |   |   |   |   |
|                                                                        |   |                       |          |   |   |   |   |   |   |   |   |   |
| Allowance for loan losses at beginning of period                            |   | $                          | 114,215       |   |   | $ | 63,904 |   |   | $ | 93,040 |   |   | $ | 58,124 |   |
|                                                                        |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans charged-off:                                                          |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans secured by real estate:                                               |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                                                  |   |                       | (5,885        | ) |   |   | (2,186 | ) |   |   | (11,510 | ) |   |   | (5,630 | ) |
| Residential (including multi-family)                                        |   |                       | (5,128        | ) |   |   | (2,428 | ) |   |   | (20,025 | ) |   |   | (5,590 | ) |
| Construction, land development and other land                               |   |                       |  (11,862 | ) |   |   |  (12,128 | ) |   |   |  (25,778 | ) |   |   |  (15,248 | ) |
| Total loans secured by realestate                                           |   |                       | (22,875       | ) |   |   | (16,742 | ) |   |   | (57,313 | ) |   |   | (26,468 | ) |
| Commercial and other business-purpose loans                                 |   |                       | (8,571        | ) |   |   | (3,753 | ) |   |   | (21,340 | ) |   |   | (8,051 | ) |
| Consumer                                                                    |   |                       | (485          | ) |   |   | (73 | ) |   |   | (1,029 | ) |   |   | (262 | ) |
| Other                                                                       |   |                       |  (34     | ) |   |   |   -- |   |   |   |  (35 | ) |   |   |   (34 | ) |
| Total charge-offs                                                           |   |                       | (31,965       | ) |   |   | (20,568 | ) |   |   | (79,717 | ) |   |   | (34,815 | ) |
| Recoveries:                                                                 |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans secured by real estate:                                               |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                                                  |   |                       | 29            |   |   |   | 181 |   |   |   | 151 |   |   |   | 899 |   |
| Residential (including multi-family)                                        |   |                       | 51            |   |   |   | 130 |   |   |   | 252 |   |   |   | 590 |   |
| Construction, land development and other land                               |   |                       |  385     |   |   |   |   17 |   |   |   |  506 |   |   |   |  240 |   |
| Total loans secured by realestate                                           |   |                       |  465     |   |   |   |  328 |   |   |   |  909 |   |   |   |  1,729 |   |
| Commercial and other business-purpose loans                                 |   |                       | 163           |   |   |   | 102 |   |   |   | 1,042 |   |   |   | 686 |   |
| Consumer                                                                    |   |                       | 88            |   |   |   | 9 |   |   |   | 117 |   |   |   | 74 |   |
| Other                                                                       |   |                       |  1       |   |   |   |  -- |   |   |   |  2 |   |   |   |  -- |   |
| Total recoveries                                                            |   |                       |  717     |   |   |   |   439 |   |   |   |  2,070 |   |   |   |  2,489 |   |
| Net charge-offs                                                             |   |                       | (31,248       | ) |   |   | (20,129 | ) |   |   | (77,647 | ) |   |   | (32,326 | ) |
| Additions to allowance charged to expense                                   |   |                       | 47,335        |   |   |   | 53,810 |   |   |   | 114,909 |   |   |   | 71,787 |   |
| Less allowance for loan losses of subsidiaries nolonger consolidated        |   |                       |  (4,114  | ) |   |   |   |   |   |   |  (4,114 | ) |   |   |   |   |
|                                                                        |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Allowance for loan losses at September 30                                   |   | $                          | 126,188       |   |   | $ | 97,585 |   |   | $ | 126,188 |   |   | $ | 97,585 |   |
|                                                                        |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average total portfolio loans for the period                                |   | $                          | 4,505,447     |   |   | $ | 4,617,153 |   |   | $ | 4,623,317 |   |   | $ | 4,521,165 |   |
|                                                                        |   |                       |          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio of net charge-offs (annualized) to averageportfolio loans outstanding |   |                       |  2.77    | % |   |   |  1.74 | % |   |   |  2.24 | % |   |   |  0.95 | % |

----

|                                         |   | September 30, 2009 |         |   | December 31, 2008                |   |
|----------------------------------------------|--------|--------------------|--------------|--------|----------------------------------|--------|
|                                         |   | Amount             |         |   | Percentageof TotalPortfolioLoans |   |   | Amount |   |   | Percentageof TotalPortfolioLoans |   |
|                                         |
|                                         |
|                                         |
|                                         |   |               |         |   |                             |   |   |   |   |   |   |   |
| Loans secured by real estate:                |   |               |         |   |                             |   |   |   |   |   |   |   |
| Commercial                                   |   | $                  | 39,794       |   |                             |   | 0.95 | % |   | $ | 30,007 |   |   |   | 0.63 | % |
| Residential (including multi-family)         |   |               | 28,445       |   |                             |   | 0.68 | % |   |   | 21,645 |   |   |   | 0.46 | % |
| Construction, land development andother land |   |               |  23,764 |   |                             |   | 0.57 | % |   |   |  17,496 |   |   |   | 0.37 | % |
| Total loans secured by real estate           |   |               | 92,003       |   |                             |   | 2.20 | % |   |   | 69,148 |   |   |   | 1.46 | % |
| Commercial and other business-purpose loans  |   |               | 32,717       |   |                             |   | 0.78 | % |   |   | 22,547 |   |   |   | 0.47 | % |
| Consumer                                     |   |               | 1,255        |   |                             |   | 0.03 | % |   |   | 1,032 |   |   |   | 0.02 | % |
| Other                                        |   |               | 213          |   |                             |   |   |   |   |   | 313 |   |   |   | 0.01 | % |
|                                         |   |               |         |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Total allowance for loan losses              |   | $                  | 126,188      |   |                             |   | 3.01 | % |   | $ | 93,040 |   |   |   | 1.96 | % |

----

|                                                |   | September 30,2009 |          |   | June 30,2009 |   |          | March 31,2009 |   |   | December 31,2008 |   |
|-----------------------------------------------------|--------|-------------------|---------------|--------|--------------|--------|---------------|---------------|--------|--------|------------------|--------|
|                                                |   | (As Revised)      |          |   | (As Revised) |   |          | (As Revised)  |   |   |             |   |
| Nonaccrual loans:                                   |   |              |          |   |         |   |          |          |   |   |             |   |
| Loans secured by real estate:                       |   |              |          |   |         |   |          |          |   |   |             |   |
| Commercial                                          |   | $                 | 101,412       |   |         | $      | 84,879        |          |   | $      | 67,248           |   |   | $ | 39,892 |   |
| Residential (including multi-family)                |   |              | 52,414        |   |         |   | 54,236        |          |   |   | 60,246           |   |   |   | 35,675 |   |
| Construction, land development and other land       |   |              | 86,671        |   |         |   | 87,066        |          |   |   | 76,390           |   |   |   | 72,996 |   |
| Total loans secured by real estate                  |   |              | 240,497       |   |         |   | 226,120       |          |   |   | 203,884          |   |   |   | 148,563 |   |
| Commercial and other business-purpose loans         |   |              | 25,002        |   |         |   | 24,756        |          |   |   | 16,964           |   |   |   | 16,283 |   |
| Consumer                                            |   |              | 513           |   |         |   | 586           |          |   |   | 356              |   |   |   | 190 |   |
| Total nonaccrual loans                              |   |              | 266,012       |   |         |   | 251,462       |          |   |   | 221,204          |   |   |   | 165,036 |   |
|                                                |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Past due (>90 days) loans and accruing interest: |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Loans secured by real estate:                       |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Commercial                                          |   |              | 4,520         |   |         |   | 2,706         |          |   |   | 2,345            |   |   |   | 1,623 |   |
| Residential (including multi-family)                |   |              | 1,787         |   |         |   | 1,318         |          |   |   | 2,371            |   |   |   | 365 |   |
| Construction, land development and other land       |   |              | 2,990         |   |         |   | 4,284         |          |   |   | 109              |   |   |   | 2,293 |   |
| Total loans secured by real estate                  |   |              | 9,297         |   |         |   | 8,308         |          |   |   | 4,825            |   |   |   | 4,281 |   |
| Commercial and other business-purpose loans         |   |              | 4,223         |   |         |   | 1,152         |          |   |   | 636              |   |   |   | 747 |   |
| Consumer                                            |   |              | 29            |   |         |   | 42            |          |   |   | 50               |   |   |   | 146 |   |
| Total past due loans                                |   |              | 13,549        |   |         |   | 9,502         |          |   |   | 5,511            |   |   |   | 5,174 |   |
|                                                |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Total nonperforming loans                           |   | $                 | 279,561       |   |         | $      | 260,964       |          |   | $      | 226,715          |   |   | $ | 170,210 |   |
|                                                |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Real estate owned and otherrepossessed assets       |   |              |  119,876 |   |         |   |  103,529 |          |   |   |  85,122     |   |   |   |  67,449 |   |
|                                                |   |              |          |   |         |   |          |          |   |   |             |   |   |   |   |   |
| Total nonperforming assets                          |   | $                 | 399,437       |   |         | $      | 364,493       |          |   | $      | 311,837          |   |   | $ | 237,659 |   |

|                                                |   | September 30,2009 |    |   | December 31,2008 |   |
|-----------------------------------------------------|--------|-------------------|---------|--------|------------------|--------|
| Impaired loans:                                     |   |              |    |   |             |   |
| Loans which have an allowance requirement           |   | $                 | 123,900 |   |             | $      | 82,387 |   |
| Loans which do not have an allowance requirement    |   |              | 142,112 |   |             |   | 82,649 |   |
| Total impaired loans                                |   | $                 | 266,012 |   |             | $      | 165,036 |   |
|                                                |   |              |    |   |             |   |   |   |
| Allowance for loan losses related to impaired loans |   | $                 | 30,781  |   |             | $      | 16,769 |   |

----

----

----

|                            |   |                  |      |   | Allowance for |   |      |                |   |   | Allowance as a Percentage |   |
|---------------------------------|--------|-----------------------|-----------|--------|---------------|--------|-----------|---------------------|--------|--------|---------------------------|--------|
|                            |   | Total Portfolio Loans |      |   | Loan Losses   |   |      | Nonperforming Loans |   |   | of Total Portfolio Loans  |   |
|                            |   | Sept 30,2009          |      |   | Dec 31,2008   |   |      | Sept 30,2009        |   |   | Dec 31,2008               |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   |
|                            |   | (As Revised)          |      |   |          |   |      |                |   |   |                      |   |   | (As Revised) |   |   |   |   |   | (As Revised) |   |   |   |   |
| Arizona Region:                 |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Arrowhead Community Bank        |   | $                     | 53,759    |   |          | $      | 69,487    |                |   | $      | 4,561                     |   |   | $ | 2,375 |   |   | $ | 5,964 |   |   | $ | 7,430 |   |   |   | 8.48 | % |   |   | 3.42 | % |
| Asian Bank of Arizona           |   |                  | 31,257    |   |          |   | 33,023    |                |   |   | 1,000                     |   |   |   | 694 |   |   |   | 461 |   |   |   | 1,898 |   |   |   | 3.20 | % |   |   | 2.10 | % |
| Bank of Tucson                  |   |                  | 153,793   |   |          |   | 168,390   |                |   |   | 1,936                     |   |   |   | 1,550 |   |   |   | 4,375 |   |   |   | 2,462 |   |   |   | 1.26 | % |   |   | 0.92 | % |
| Camelback Community Bank        |   |                  | 79,206    |   |          |   | 84,957    |                |   |   | 1,320                     |   |   |   | 789 |   |   |   | 3,835 |   |   |   | 2,030 |   |   |   | 1.67 | % |   |   | 0.93 | % |
| Central Arizona Bank            |   |                  | 68,203    |   |          |   | 69,372    |                |   |   | 2,917                     |   |   |   | 1,339 |   |   |   | 2,388 |   |   |   | 1,895 |   |   |   | 4.28 | % |   |   | 1.93 | % |
| Colonia Bank                    |   |                  | 10,429    |   |          |   | 7,483     |                |   |   | 216                       |   |   |   | 120 |   |   |   |   |   |   |   |   |   |   |   | 2.07 | % |   |   | 1.60 | % |
| Mesa Bank                       |   |                  | 106,400   |   |          |   | 147,853   |                |   |   | 2,459                     |   |   |   | 3,250 |   |   |   | 12,927 |   |   |   | 21,423 |   |   |   | 2.31 | % |   |   | 2.20 | % |
| Southern Arizona Community Bank |   |                  | 79,338    |   |          |   | 79,434    |                |   |   | 1,110                     |   |   |   | 875 |   |   |   | 164 |   |   |   |   |   |   |   | 1.40 | % |   |   | 1.10 | % |
| Sunrise Bank of Albuquerque     |   |                  | 65,561    |   |          |   | 74,115    |                |   |   | 1,269                     |   |   |   | 933 |   |   |   | 6,296 |   |   |   | 43 |   |   |   | 1.94 | % |   |   | 1.26 | % |
| Sunrise Bank of Arizona         |   |                  | 88,607    |   |          |   | 110,131   |                |   |   | 1,676                     |   |   |   | 1,159 |   |   |   | 11,976 |   |   |   | 3,707 |   |   |   | 1.89 | % |   |   | 1.05 | % |
| Yuma Community Bank(3)          |   |                  |      |   |          |   | 63,804    |                |   |   |                      |   |   |   | 730 |   |   |   |   |   |   |   | 1,506 |   |   |   |   |   |   |   | 1.14 | % |
| Arizona Region Total            |   |                  | 736,553   |   |          |   | 908,049   |                |   |   | 18,464                    |   |   |   | 13,814 |   |   |   | 48,386 |   |   |   | 42,394 |   |   |   | 2.51 | % |   |   | 1.52 | % |
|                            |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| California Region:              |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Escondido               |   |                  | 69,420    |   |          |   | 62,608    |                |   |   | 1,784                     |   |   |   | 810 |   |   |   | 2,838 |   |   |   | 817 |   |   |   | 2.57 | % |   |   | 1.29 | % |
| Bank of Feather River           |   |                  | 27,178    |   |          |   | 22,962    |                |   |   | 347                       |   |   |   | 320 |   |   |   |   |   |   |   |   |   |   |   | 1.28 | % |   |   | 1.39 | % |
| Bank of San Francisco           |   |                  | 72,473    |   |          |   | 60,772    |                |   |   | 1,352                     |   |   |   | 823 |   |   |   | 597 |   |   |   | 299 |   |   |   | 1.87 | % |   |   | 1.35 | % |
| Bank of Santa Barbara(2)        |   |                  |      |   |          |   | 60,535    |                |   |   |                      |   |   |   | 1,138 |   |   |   |   |   |   |   | 1,841 |   |   |   |   |   |   |   | 1.88 | % |
| Napa Community Bank             |   |                  | 141,984   |   |          |   | 130,150   |                |   |   | 2,550                     |   |   |   | 1,890 |   |   |   | 2,849 |   |   |   | 1,848 |   |   |   | 1.80 | % |   |   | 1.45 | % |
| Point Loma Community Bank       |   |                  | 51,498    |   |          |   | 52,497    |                |   |   | 1,100                     |   |   |   | 797 |   |   |   | 2,172 |   |   |   | 795 |   |   |   | 2.14 | % |   |   | 1.52 | % |
| Sunrise Bank of San Diego       |   |                  | 66,748    |   |          |   | 76,282    |                |   |   | 2,620                     |   |   |   | 1,048 |   |   |   | 3,609 |   |   |   | 1,444 |   |   |   | 3.93 | % |   |   | 1.37 | % |
| Sunrise Community Bank          |   |                  | 33,210    |   |          |   | 28,355    |                |   |   | 995                       |   |   |   | 440 |   |   |   | 1,107 |   |   |   |   |   |   |   | 3.00 | % |   |   | 1.55 | % |
| California Region Total         |   |                  | 462,511   |   |          |   | 494,161   |                |   |   | 10,748                    |   |   |   | 7,266 |   |   |   | 13,172 |   |   |   | 7,044 |   |   |   | 2.32 | % |   |   | 1.47 | % |
|                            |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colorado Region:                |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fort Collins Commerce Bank      |   |                  | 80,945    |   |          |   | 74,280    |                |   |   | 1,630                     |   |   |   | 1,101 |   |   |   | 1,829 |   |   |   | 48 |   |   |   | 2.01 | % |   |   | 1.48 | % |
| Larimer Bank of Commerce        |   |                  | 79,377    |   |          |   | 78,638    |                |   |   | 1,620                     |   |   |   | 1,160 |   |   |   |   |   |   |   |   |   |   |   | 2.04 | % |   |   | 1.48 | % |
| Loveland Bank of Commerce       |   |                  | 33,174    |   |          |   | 27,251    |                |   |   | 590                       |   |   |   | 652 |   |   |   | 1,386 |   |   |   | 1,090 |   |   |   | 1.78 | % |   |   | 2.39 | % |
| Mountain View Bank of Commerce  |   |                  | 39,037    |   |          |   | 32,180    |                |   |   | 601                       |   |   |   | 474 |   |   |   |   |   |   |   |   |   |   |   | 1.54 | % |   |   | 1.47 | % |
| Colorado Region Total           |   |                  | 232,533   |   |          |   | 212,349   |                |   |   | 4,441                     |   |   |   | 3,387 |   |   |   | 3,215 |   |   |   | 1,138 |   |   |   | 1.91 | % |   |   | 1.60 | % |
|                            |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Great Lakes Region:             |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Auburn Hills            |   |                  | 31,346    |   |          |   | 39,914    |                |   |   | 1,625                     |   |   |   | 988 |   |   |   | 1,536 |   |   |   | 2,895 |   |   |   | 5.18 | % |   |   | 2.48 | % |
| Bank of Maumee                  |   |                  | 40,521    |   |          |   | 50,094    |                |   |   | 1,100                     |   |   |   | 752 |   |   |   | 542 |   |   |   | 37 |   |   |   | 2.71 | % |   |   | 1.50 | % |
| Bank of Michigan                |   |                  | 66,123    |   |          |   | 67,700    |                |   |   | 1,191                     |   |   |   | 996 |   |   |   | 1,498 |   |   |   | 306 |   |   |   | 1.80 | % |   |   | 1.47 | % |
| Capitol National Bank           |   |                  | 182,751   |   |          |   | 213,392   |                |   |   | 7,456                     |   |   |   | 8,341 |   |   |   | 19,021 |   |   |   | 12,828 |   |   |   | 4.08 | % |   |   | 3.91 | % |
| Elkhart Community Bank          |   |                  | 77,470    |   |          |   | 87,971    |                |   |   | 2,748                     |   |   |   | 1,702 |   |   |   | 7,188 |   |   |   | 3,941 |   |   |   | 3.55 | % |   |   | 1.93 | % |
| Evansville Commerce Bank        |   |                  | 46,971    |   |          |   | 55,779    |                |   |   | 1,160                     |   |   |   | 943 |   |   |   | 1,055 |   |   |   | 158 |   |   |   | 2.47 | % |   |   | 1.69 | % |
| Goshen Community Bank           |   |                  | 63,799    |   |          |   | 74,144    |                |   |   | 1,706                     |   |   |   | 1,501 |   |   |   | 1,839 |   |   |   | 876 |   |   |   | 2.67 | % |   |   | 2.02 | % |
| Michigan Commerce Bank(1)       |   |                  | 1,000,914 |   |          |   | 1,127,348 |                |   |   | 44,061                    |   |   |   | 30,258 |   |   |   | 107,175 |   |   |   | 63,092 |   |   |   | 4.40 | % |   |   | 2.68 | % |
| Ohio Commerce Bank              |   |                  | 52,956    |   |          |   | 48,207    |                |   |   | 814                       |   |   |   | 723 |   |   |   |   |   |   |   |   |   |   |   | 1.54 | % |   |   | 1.50 | % |
| Paragon Bank & Trust        |   |                  | 69,968    |   |          |   | 87,651    |                |   |   | 3,655                     |   |   |   | 2,990 |   |   |   | 6,573 |   |   |   | 6,447 |   |   |   | 5.22 | % |   |   | 3.41 | % |
| Great Lakes Region Total        |   |                  | 1,632,819 |   |          |   | 1,852,200 |                |   |   | 65,516                    |   |   |   | 49,194 |   |   |   | 146,427 |   |   |   | 90,580 |   |   |   | 4.01 | % |   |   | 2.66 | % |
|                            |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Midwest Region:                 |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adams Dairy Bank                |   |                  | 35,330    |   |          |   | 28,834    |                |   |   | 645                       |   |   |   | 450 |   |   |   | 207 |   |   |   |   |   |   |   | 1.83 | % |   |   | 1.56 | % |
| Bank of Belleville              |   |                  | 63,371    |   |          |   | 65,150    |                |   |   | 938                       |   |   |   | 923 |   |   |   |   |   |   |   |   |   |   |   | 1.48 | % |   |   | 1.42 | % |
| Community Bank of Lincoln       |   |                  | 45,232    |   |          |   | 43,657    |                |   |   | 960                       |   |   |   | 674 |   |   |   | 263 |   |   |   |   |   |   |   | 2.12 | % |   |   | 1.54 | % |
| Summit Bank of Kansas City(2)   |   |                  |      |   |          |   | 44,068    |                |   |   |                      |   |   |   | 709 |   |   |   |   |   |   |   | 779 |   |   |   |   |   |   |   | 1.61 | % |
| Midwest Region Total            |   |                  | 143,933   |   |          |   | 181,709   |                |   |   | 2,543                     |   |   |   | 2,756 |   |   |   | 470 |   |   |   | 779 |   |   |   | 1.77 | % |   |   | 1.52 | % |

----

|                          |   |                  |      |   | Allowance for |   |      |                |   |   | Allowance as a Percentage |   |
|-------------------------------|--------|-----------------------|-----------|--------|---------------|--------|-----------|---------------------|--------|--------|---------------------------|--------|
|                          |   | Total Portfolio Loans |      |   | Loan Losses   |   |      | Nonperforming Loans |   |   | of Total Portfolio Loans  |   |
|                          |   | Sept 30,2009          |      |   | Dec 31,2008   |   |      | Sept 30,2009        |   |   | Dec 31,2008               |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   |
|                          |   | (As Revised)          |      |   |          |   |      |                |   |   |                      |   |   | (As Revised) |   |   |   |   |   | (As Revised) |   |   |   |   |
| Nevada Region:                |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1st Commerce Bank             |   | $                     | 34,264    |   |          | $      | 30,663    |                |   | $      | 1,207                     |   |   | $ | 740 |   |   | $ | 6,332 |   |   | $ | 1,000 |   |   |   | 3.52 | % |   |   | 2.41 | % |
| Bank of Las Vegas             |   |                  | 62,972    |   |          |   | 64,648    |                |   |   | 2,092                     |   |   |   | 901 |   |   |   | 7,933 |   |   |   | 4,399 |   |   |   | 3.32 | % |   |   | 1.39 | % |
| Black Mountain Community Bank |   |                  | 143,494   |   |          |   | 143,654   |                |   |   | 2,452                     |   |   |   | 1,765 |   |   |   | 9,760 |   |   |   | 1,722 |   |   |   | 1.71 | % |   |   | 1.23 | % |
| Desert Community Bank         |   |                  | 84,814    |   |          |   | 87,388    |                |   |   | 2,625                     |   |   |   | 943 |   |   |   | 5,539 |   |   |   | 3,671 |   |   |   | 3.10 | % |   |   | 1.08 | % |
| Red Rock Community Bank       |   |                  | 95,377    |   |          |   | 110,143   |                |   |   | 2,985                     |   |   |   | 1,200 |   |   |   | 14,101 |   |   |   | 5,488 |   |   |   | 3.13 | % |   |   | 1.09 | % |
| Nevada Region Total           |   |                  | 420,921   |   |          |   | 436,496   |                |   |   | 11,361                    |   |   |   | 5,549 |   |   |   | 43,665 |   |   |   | 16,280 |   |   |   | 2.70 | % |   |   | 1.27 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Northeast Region:             |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| USNY Bank                     |   |                  | 54,889    |   |          |   | 43,471    |                |   |   | 833                       |   |   |   | 680 |   |   |   |   |   |   |   |   |   |   |   | 1.52 | % |   |   | 1.56 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Northwest Region:             |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Bellevue              |   |                  | 40,846    |   |          |   | 48,838    |                |   |   | 1,030                     |   |   |   | 850 |   |   |   | 2,674 |   |   |   | 170 |   |   |   | 2.52 | % |   |   | 1.74 | % |
| Bank of Everett               |   |                  | 36,665    |   |          |   | 32,735    |                |   |   | 1,190                     |   |   |   | 686 |   |   |   | 3,344 |   |   |   | 92 |   |   |   | 3.25 | % |   |   | 2.10 | % |
| Bank of Tacoma                |   |                  | 34,784    |   |          |   | 40,175    |                |   |   | 1,115                     |   |   |   | 770 |   |   |   | 1,627 |   |   |   | 1,183 |   |   |   | 3.21 | % |   |   | 1.92 | % |
| High Desert Bank              |   |                  | 36,419    |   |          |   | 35,407    |                |   |   | 900                       |   |   |   | 624 |   |   |   | 841 |   |   |   |   |   |   |   | 2.47 | % |   |   | 1.76 | % |
| Issaquah Community Bank       |   |                  | 28,641    |   |          |   | 24,238    |                |   |   | 700                       |   |   |   | 385 |   |   |   | 734 |   |   |   |   |   |   |   | 2.44 | % |   |   | 1.59 | % |
| Northwest Region Total        |   |                  | 177,355   |   |          |   | 181,393   |                |   |   | 4,935                     |   |   |   | 3,315 |   |   |   | 9,220 |   |   |   | 1,445 |   |   |   | 2.78 | % |   |   | 1.83 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Southeast Region:             |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Valdosta              |   |                  | 44,331    |   |          |   | 51,629    |                |   |   | 843                       |   |   |   | 835 |   |   |   | 972 |   |   |   |   |   |   |   | 1.90 | % |   |   | 1.62 | % |
| Community Bank of Rowan(2)    |   |                  |      |   |          |   | 109,290   |                |   |   |                      |   |   |   | 1,634 |   |   |   |   |   |   |   | 1,688 |   |   |   |   |   |   |   | 1.50 | % |
| First Carolina State Bank     |   |                  | 93,979    |   |          |   | 97,670    |                |   |   | 1,710                     |   |   |   | 1,312 |   |   |   | 2,877 |   |   |   | 2,421 |   |   |   | 1.82 | % |   |   | 1.34 | % |
| Peoples State Bank            |   |                  | 19,438    |   |          |   | 21,314    |                |   |   | 399                       |   |   |   | 366 |   |   |   | 1,158 |   |   |   | 937 |   |   |   | 2.05 | % |   |   | 1.72 | % |
| Pisgah Community Bank         |   |                  | 45,729    |   |          |   | 27,746    |                |   |   | 918                       |   |   |   | 475 |   |   |   | 419 |   |   |   | 100 |   |   |   | 2.01 | % |   |   | 1.71 | % |
| Sunrise Bank of Atlanta       |   |                  | 45,657    |   |          |   | 52,763    |                |   |   | 1,465                     |   |   |   | 1,063 |   |   |   | 3,150 |   |   |   | 269 |   |   |   | 3.21 | % |   |   | 2.01 | % |
| Southeast Region Total        |   |                  | 249,134   |   |          |   | 360,412   |                |   |   | 5,335                     |   |   |   | 5,685 |   |   |   | 8,576 |   |   |   | 5,415 |   |   |   | 2.14 | % |   |   | 1.58 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Texas Region:                 |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Fort Bend             |   |                  | 29,403    |   |          |   | 19,859    |                |   |   | 465                       |   |   |   | 305 |   |   |   |   |   |   |   |   |   |   |   | 1.58 | % |   |   | 1.54 | % |
| Bank of Las Colinas           |   |                  | 34,772    |   |          |   | 29,657    |                |   |   | 705                       |   |   |   | 435 |   |   |   |   |   |   |   |   |   |   |   | 2.03 | % |   |   | 1.47 | % |
| Texas Region Total            |   |                  | 64,175    |   |          |   | 49,516    |                |   |   | 1,170                     |   |   |   | 740 |   |   |   |   |   |   |   |   |   |   |   | 1.82 | % |   |   | 1.49 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Parent company and other, net |   |                  | 12,558    |   |          |   | 15,473    |                |   |   | 842                       |   |   |   | 654 |   |   |   | 6,430 |   |   |   | 5,135 |   |   |   | 6.71 | % |   |   | 4.23 | % |
|                          |   |                  |      |   |          |   |      |                |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consolidated totals           |   | $                     | 4,187,381 |   |          | $      | 4,735,229 |                |   | $      | 126,188                   |   |   | $ | 93,040 |   |   | $ | 279,561 |   |   | $ | 170,210 |   |   |   | 3.01 | % |   |   | 1.96 | % |

| (1) | Michigan Commerce Bank resulted from the merger of Ann Arbor Commerce Bank, Brighton Commerce Bank, Detroit Commerce Bank, Grand Haven Bank, Kent Commerce Bank, Macomb Community Bank, Muskegon Commerce Bank, Oakland Commerce Bank and Portage Commerce Bank effective March 31, 2009.  For comparative purposes, the merger of those banks is presented as if such merger occurred December 31, 2008. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Bank of Santa Barbara, Community Bank of Rowan and Summit Bank of Kansas City are majority-owned subsidiaries of Capitol Development Bancorp Limited (CDBL) III of which Capitol ceased to have majority voting control effective September 30, 2009.  Thus, effective September 30, 2009, those banks and CDBL III ceased to be consolidated subsidiaries of Capitol.                                    |
| (3) | Capitol sold its ownership in Yuma Community Bank effective September 21, 2009.                                                                                                                                                                                                                                                                                                                                     |

----

----

| Entity                          |   | RecordedGoodwill as ofAugust 31,2009 |   |   | Estimated EntityFair Valueas Percentage ofBook Value |   | Did Entity PassStep One ofImpairmentTest? |
|---------------------------------|--------|--------------------------------------|--------|--------|------------------------------------------------------|--------|-------------------------------------------|
|                            |   | (in $1,000s)                         |   |   |                                                 |   |                                      |
|                            |   |                                 |   |   |                                                 |   |                                      |
| Paragon Bank & Trust        |   | $                                    | 1,321  |   |                                                 |   | 105.13                                    | % | Yes |
| Michigan Commerce Bank          |   |                                 | 2,875  |   |                                                 |   | 93.35                                     | % | No |
| Elkhart Community Bank          |   |                                 | 1,228  |   |                                                 |   | 135.72                                    | % | Yes |
| Goshen Community Bank           |   |                                 | 1,407  |   |                                                 |   | 115.92                                    | % | Yes |
| Central Arizona Bank            |   |                                 | 947    |   |                                                 |   | 86.95                                     | % | No |
| Camelback Community Bank        |   |                                 | 894    |   |                                                 |   | 130.91                                    | % | Yes |
| Southern Arizona Community Bank |   |                                 | 916    |   |                                                 |   | 154.09                                    | % | Yes |
| Mesa Bank                       |   |                                 | 1,552  |   |                                                 |   | 120.34                                    | % | Yes |
| Arrowhead Community Bank        |   |                                 | 644    |   |                                                 |   | 83.94                                     | % | No |
| Sunrise Bank of Albuquerque     |   |                                 | 671    |   |                                                 |   | 97.26                                     | % | No |
| Sunrise Bank of San Diego       |   |                                 | 1,965  |   |                                                 |   | 96.11                                     | % | No |
| Desert Community Bank           |   |                                 | 1,213  |   |                                                 |   | 156.93                                    | % | Yes |
| Red Rock Community Bank         |   |                                 | 2,582  |   |                                                 |   | 148.15                                    | % | Yes |
| Black Mountain Community Bank   |   |                                 | 1,263  |   |                                                 |   | 212.44                                    | % | Yes |
| First Carolina State Bank       |   |                                 | 3,926  |   |                                                 |   | 62.26                                     | % | No |
| Peoples State Bank              |   |                                 | 2,125  |   |                                                 |   | 28.83                                     | % | No |
| Bank of Las Vegas               |   |                                 | 1,800  |   |                                                 |   | 85.85                                     | % | No |
| Bank of Escondido               |   |                                 | 2,806  |   |                                                 |   | 86.21                                     | % | No |
|                            |   |                                 |   |   |                                                 |   |                                      |   |   |
| Capitol Bancorp Limited         |   | $                                    | 70,596 |   |                                                 |   | 133.83                                    | % | Yes |

----

----

|                                                        |   | Three Month Period |   |   | Nine Month Period |   |
|-------------------------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                                        |   | 2009               |   |   | 2008              |   |   | 2009 |   |   | 2008 |   |
|                                                        |   |               |   |   |              |   |   |   |   |   |   |   |
| Bank services (ATMs, telephonebanking and Internet banking) |   | $                  | 649    |   |              | $      | 687 |   |   | $ | 2,102 |   |   | $ | 1,868 |   |
| Loan and collection expense                                 |   |               | 834    |   |              |   | 410 |   |   |   | 2,097 |   |   |   | 1,443 |   |
| Legal fees                                                  |   |               | 1,012  |   |              |   | 373 |   |   |   | 2,052 |   |   |   | 946 |   |
| Directors' fees                                             |   |               | 507    |   |              |   | 616 |   |   |   | 1,768 |   |   |   | 2,174 |   |
| Advertising                                                 |   |               | 513    |   |              |   | 838 |   |   |   | 1,533 |   |   |   | 2,471 |   |
| Paper, printing and supplies                                |   |               | 517    |   |              |   | 648 |   |   |   | 1,526 |   |   |   | 2,200 |   |
| Professional fees                                           |   |               | 767    |   |              |   | 485 |   |   |   | 1,442 |   |   |   | 1,184 |   |
| Travel, lodging and meals                                   |   |               | 463    |   |              |   | 707 |   |   |   | 1,349 |   |   |   | 2,193 |   |
| Communications                                              |   |               | 394    |   |              |   | 585 |   |   |   | 1,308 |   |   |   | 1,634 |   |
| Postage                                                     |   |               | 318    |   |              |   | 335 |   |   |   | 949 |   |   |   | 993 |   |
| Taxes other than income taxes                               |   |               | 197    |   |              |   | 147 |   |   |   | 690 |   |   |   | 658 |   |
| Dues and memberships                                        |   |               | 207    |   |              |   | 245 |   |   |   | 634 |   |   |   | 704 |   |
| Insurance expense                                           |   |               | 204    |   |              |   | 158 |   |   |   | 549 |   |   |   | 451 |   |
| Courier service                                             |   |               | 185    |   |              |   | 220 |   |   |   | 542 |   |   |   | 692 |   |
| Contracted labor                                            |   |               | 114    |   |              |   | 101 |   |   |   | 189 |   |   |   | 345 |   |
| Preopening and start-up costs                               |   |               |   |   |              |   |   |   |   |   |   |   |   |   | 2,038 |   |
| Goodwill impairment                                         |   |               | 1,500  |   |              |   |   |   |   |   | 1,500 |   |   |   |   |   |
| Restructuring charge (1)                                    |   |               |   |   |              |   | 2,500 |   |   |   |   |   |   |   | 2,500 |   |
| Other                                                       |   |               | 2,074  |   |              |   | 3,560 |   |   |   | 6,446 |   |   |   | 8,696 |   |
| Total                                                       |   | $                  | 10,455 |   |              | $      | 12,615 |   |   | $ | 26,676 |   |   | $ | 33,190 |   |

|   | (1) | A restructuring charge was accrued during the 2008 period related to plans to reduce staffing in conjunction with consolidation of certain back office functions and mergers of bank charters. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                            |   | Nine Months Ended September 30 |   |
|---------------------------------|--------|--------------------------------|--------|
|                            |   | Total Revenues                 |   |   | Net Income (Loss)(1) |   |   | Return onAverage Equity(2) |   |   | Return onAverage Assets(2) |   |
|                            |   | 2009                           |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                            |   |                           |   |   |   |   |   | (As Revised) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Arizona Region:                 |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Arrowhead Community Bank        |   | $                              | 3,443  |   |   | $ | 4,784 |   |   | $ | (8,415 | ) |   | $ | (720 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Asian Bank of Arizona           |   |                           | 1,662  |   |   |   | 1,467 |   |   |   | (3,618 | ) |   |   | (685 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Tucson                  |   |                           | 9,513  |   |   |   | 10,006 |   |   |   | 1,467 |   |   |   | 2,897 |   |   |   | 11.04 | % |   |   | 21.43 | % |   |   | 0.97 | % |   |   | 2.13 | % |
| Camelback Community Bank        |   |                           | 4,003  |   |   |   | 4,536 |   |   |   | (768 | ) |   |   | 764 |   |   |   |   |   |   |   | 11.00 | % |   |   |   |   |   |   | 1.12 | % |
| Central Arizona Bank            |   |                           | 3,050  |   |   |   | 3,628 |   |   |   | (4,977 | ) |   |   | (587 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colonia Bank                    |   |                           | 435    |   |   |   | 80 |   |   |   | (1,618 | ) |   |   | (551 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mesa Bank                       |   |                           | 6,261  |   |   |   | 11,058 |   |   |   | (10,298 | ) |   |   | (8,211 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Southern Arizona Community Bank |   |                           | 3,903  |   |   |   | 4,482 |   |   |   | 237 |   |   |   | 411 |   |   |   | 3.51 | % |   |   | 6.05 | % |   |   | 0.35 | % |   |   | 0.62 | % |
| Sunrise Bank of Albuquerque     |   |                           | 3,155  |   |   |   | 3,955 |   |   |   | (1,173 | ) |   |   | 199 |   |   |   |   |   |   |   | 3.62 | % |   |   |   |   |   |   | 0.35 | % |
| Sunrise Bank of Arizona         |   |                           | 5,088  |   |   |   | 6,201 |   |   |   | (5,479 | ) |   |   | (322 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Yuma Community Bank(5)          |   |                           | 3,225  |   |   |   | 4,043 |   |   |   | 372 |   |   |   | 468 |   |   |   | 7.69 | % |   |   | 7.96 | % |   |   | 0.78 | % |   |   | 0.82 | % |
| Arizona Region Total            |   |                           | 43,738 |   |   |   | 54,240 |   |   |   | (34,270 | ) |   |   | (6,337 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| California Region:              |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Escondido               |   |                           | 3,559  |   |   |   | 3,789 |   |   |   | (1,443 | ) |   |   | 241 |   |   |   |   |   |   |   | 2.22 | % |   |   |   |   |   |   | 0.34 | % |
| Bank of Feather River           |   |                           | 1,560  |   |   |   | 955 |   |   |   | (716 | ) |   |   | (463 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of San Francisco           |   |                           | 3,415  |   |   |   | 2,807 |   |   |   | (973 | ) |   |   | 39 |   |   |   |   |   |   |   | 0.61 | % |   |   |   |   |   |   | 0.08 | % |
| Bank of Santa Barbara(4)        |   |                           | 2,571  |   |   |   | 3,083 |   |   |   | (1,300 | ) |   |   | (198 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Napa Community Bank             |   |                           | 6,801  |   |   |   | 6,551 |   |   |   | 1,224 |   |   |   | 914 |   |   |   | 10.26 | % |   |   | 8.47 | % |   |   | 1.11 | % |   |   | 0.94 | % |
| Point Loma Community Bank       |   |                           | 2,521  |   |   |   | 2,828 |   |   |   | (1,396 | ) |   |   | 244 |   |   |   |   |   |   |   | 4.46 | % |   |   |   |   |   |   | 0.57 | % |
| Sunrise Bank of San Diego       |   |                           | 3,565  |   |   |   | 4,174 |   |   |   | (1,586 | ) |   |   | 166 |   |   |   |   |   |   |   | 2.07 | % |   |   |   |   |   |   | 0.25 | % |
| Sunrise Community Bank          |   |                           | 1,542  |   |   |   | 1,182 |   |   |   | (2,530 | ) |   |   | (522 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| California Region Total         |   |                           | 25,534 |   |   |   | 25,369 |   |   |   | (8,720 | ) |   |   | 421 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colorado Region:                |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fort Collins Commerce Bank      |   |                           | 3,860  |   |   |   | 3,424 |   |   |   | 262 |   |   |   | 536 |   |   |   | 3.63 | % |   |   | 7.81 | % |   |   | 0.42 | % |   |   | 1.06 | % |
| Larimer Bank of Commerce        |   |                           | 4,030  |   |   |   | 3,279 |   |   |   | 326 |   |   |   | 299 |   |   |   | 5.40 | % |   |   | 5.27 | % |   |   | 0.49 | % |   |   | 0.60 | % |
| Loveland Bank of Commerce       |   |                           | 1,531  |   |   |   | 1,035 |   |   |   | (900 | ) |   |   | (371 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mountain View Bank of Commerce  |   |                           | 1,711  |   |   |   | 746 |   |   |   | (608 | ) |   |   | (711 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colorado Region Total           |   |                           | 11,132 |   |   |   | 8,484 |   |   |   | (920 | ) |   |   | (247 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Great Lakes Region:             |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Auburn Hills            |   |                           | 1,683  |   |   |   | 2,123 |   |   |   | (3,344 | ) |   |   | (599 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Maumee                  |   |                           | 1,973  |   |   |   | 2,119 |   |   |   | (2,336 | ) |   |   | (604 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Michigan                |   |                           | 3,556  |   |   |   | 3,707 |   |   |   | (505 | ) |   |   | 426 |   |   |   |   |   |   |   | 8.41 | % |   |   |   |   |   |   | 0.81 | % |
| Capitol National Bank           |   |                           | 9,281  |   |   |   | 11,214 |   |   |   | (4,005 | ) |   |   | 233 |   |   |   |   |   |   |   | 1.61 | % |   |   |   |   |   |   | 0.14 | % |
| Elkhart Community Bank          |   |                           | 3,550  |   |   |   | 4,354 |   |   |   | (2,998 | ) |   |   | 210 |   |   |   |   |   |   |   | 3.18 | % |   |   |   |   |   |   | 0.30 | % |
| Evansville Commerce Bank        |   |                           | 2,640  |   |   |   | 3,020 |   |   |   | (1,509 | ) |   |   | (201 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Goshen Community Bank           |   |                           | 3,304  |   |   |   | 3,946 |   |   |   | (676 | ) |   |   | 252 |   |   |   |   |   |   |   | 4.23 | % |   |   |   |   |   |   | 0.42 | % |
| Michigan Commerce Bank(3)       |   |                           | 49,397 |   |   |   | 62,027 |   |   |   | (51,176 | ) |   |   | (6,428 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ohio Commerce Bank              |   |                           | 2,292  |   |   |   | 1,991 |   |   |   | (560 | ) |   |   | (117 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Paragon Bank & Trust        |   |                           | 4,181  |   |   |   | 5,370 |   |   |   | (5,679 | ) |   |   | (725 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Great Lakes Region Total        |   |                           | 81,857 |   |   |   | 99,871 |   |   |   | (72,788 | ) |   |   | (7,553 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Midwest Region                  |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adams Dairy Bank                |   |                           | 1,704  |   |   |   | 1,121 |   |   |   | (587 | ) |   |   | (569 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Belleville              |   |                           | 2,839  |   |   |   | 2,706 |   |   |   | (808 | ) |   |   | 23 |   |   |   |   |   |   |   | 0.45 | % |   |   |   |   |   |   | 0.05 | % |
| Community Bank of Lincoln       |   |                           | 2,694  |   |   |   | 1,402 |   |   |   | (1,243 | ) |   |   | (511 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Summit Bank of Kansas City(4)   |   |                           | 2,780  |   |   |   | 2,333 |   |   |   | (978 | ) |   |   | (10 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Midwest Region Total            |   |                           | 10,017 |   |   |   | 7,562 |   |   |   | (3,616 | ) |   |   | (1,067 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                            |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Nevada Region:                  |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1st Commerce Bank               |   |                           | 1,814  |   |   |   | 1,776 |   |   |   | (2,046 | ) |   |   | (660 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Las Vegas               |   |                           | 3,557  |   |   |   | 3,710 |   |   |   | (1,360 | ) |   |   | 112 |   |   |   |   |   |   |   | 1.71 | % |   |   |   |   |   |   | 0.21 | % |
| Black Mountain Community Bank   |   |                           | 7,404  |   |   |   | 8,093 |   |   |   | (859 | ) |   |   | 1,390 |   |   |   |   |   |   |   | 12.49 | % |   |   |   |   |   |   | 1.22 | % |
| Desert Community Bank           |   |                           | 4,449  |   |   |   | 5,622 |   |   |   | (1,510 | ) |   |   | 485 |   |   |   |   |   |   |   | 6.37 | % |   |   |   |   |   |   | 0.63 | % |
| Red Rock Community Bank         |   |                           | 4,600  |   |   |   | 5,891 |   |   |   | (3,224 | ) |   |   | 672 |   |   |   |   |   |   |   | 6.56 | % |   |   |   |   |   |   | 0.75 | % |
| Nevada Region Total             |   |                           | 21,824 |   |   |   | 25,092 |   |   |   | (8,999 | ) |   |   | 1,999 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                          |   | Nine Months Ended September 30 |    |
|-------------------------------|--------|--------------------------------|---------|
|                          |   | Total Revenues                 |    |   | Net Income (Loss)(1) |   |   | Return onAverage Equity(2) |   |   | Return onAverage Assets(2) |   |
|                          |   | 2009                           |    |   | 2008 |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                          |   |                           |    |   |   |   |   | (As Revised) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Northeast Region:             |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| USNY Bank                     |   | $                              | 2,316   |   |   | $ | 1,249 |   |   | $ | (1,340 | ) |   | $ | (583 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
|                          |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Northwest Region:             |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Bellevue              |   |                           | 1,981   |   |   |   | 2,181 |   |   |   | (1,537 | ) |   |   | (179 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Everett               |   |                           | 1,789   |   |   |   | 1,541 |   |   |   | (2,048 | ) |   |   | (779 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Tacoma                |   |                           | 1,805   |   |   |   | 1,485 |   |   |   | (2,530 | ) |   |   | (629 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| High Desert Bank              |   |                           | 1,820   |   |   |   | 955 |   |   |   | (2,726 | ) |   |   | (581 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Issaquah Community Bank       |   |                           | 1,554   |   |   |   | 857 |   |   |   | (1,284 | ) |   |   | (494 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Northwest Region Total        |   |                           | 8,949   |   |   |   | 7,019 |   |   |   | (10,125 | ) |   |   | (2,662 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
|                          |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Southeast Region:             |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Valdosta              |   |                           | 2,165   |   |   |   | 2,413 |   |   |   | (1,261 | ) |   |   | (55 | ) |   |   |   |   |   |   |   |   |   |   |   |   |
| Community Bank of Rowan(4)    |   |                           | 4,962   |   |   |   | 5,553 |   |   |   | 459 |   |   |   | 698 |   |   |   | 5.73 | % |   |   | 9.38 | % |   |   | 0.47 | % |   |   | 0.76 | % |
| First Carolina State Bank     |   |                           | 4,183   |   |   |   | 4,785 |   |   |   | (976 | ) |   |   | 31 |   |   |   |   |   |   |   | 0.37 | % |   |   |   |   |   |   | 0.04 | % |
| Peoples State Bank            |   |                           | 1,017   |   |   |   | 1,326 |   |   |   | (1,739 | ) |   |   | 5 |   |   |   |   |   |   |   | 0.13 | % |   |   |   |   |   |   | 0.03 | % |
| Pisgah Community Bank         |   |                           | 1,739   |   |   |   | 357 |   |   |   | (1,187 | ) |   |   | (700 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sunrise Bank of Atlanta       |   |                           | 2,867   |   |   |   | 3,462 |   |   |   | (2,126 | ) |   |   | (310 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Southeast Region Total        |   |                           | 16,933  |   |   |   | 17,896 |   |   |   | (6,830 | ) |   |   | (331 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                          |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Texas Region:                 |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Fort Bend             |   |                           | 1,122   |   |   |   | 629 |   |   |   | (1,278 | ) |   |   | (669 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Las Colinas           |   |                           | 1,435   |   |   |   | 887 |   |   |   | (1,162 | ) |   |   | (470 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Texas Region Total            |   |                           | 2,557   |   |   |   | 1,516 |   |   |   | (2,440 | ) |   |   | (1,139 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                          |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Parent company and other, net |   |                           | (211    | ) |   |   | 2,831 |   |   |   | 30,381 |   |   |   | (12,182 | ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                          |   |                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consolidated totals           |   | $                              | 224,646 |   |   | $ | 251,129 |   |   | $ | (119,667 | ) |   | $ | (29,681 | ) |   |   |  -- |   |   |   |  -- |   |   |   |  -- |   |   |   |  -- |   |

| (1) | Excludes net losses attributable to noncontrolling interests.                                                                                                                                                                                                                                                                                                                                                       |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Annualized for periods presented.                                                                                                                                                                                                                                                                                                                                                                                   |
| (3) | Michigan Commerce Bank resulted from the merger of Ann Arbor Commerce Bank, Brighton Commerce Bank, Detroit Commerce Bank, Grand Haven Bank, Kent Commerce Bank, Macomb Community Bank, Muskegon Commerce Bank, Oakland Commerce Bank and Portage Commerce Bank effective March 31, 2009.  For comparative purposes, the merger of those banks is presented as if such merger occurred December 31, 2008. |
| (4) | Bank of Santa Barbara, Community Bank of Rowan and Summit Bank of Kansas City are majority-owned subsidiaries of Capitol Development Bancorp Limited (CDBL) III of which Capitol ceased to have majority voting control effective September 30, 2009.  Thus, effective September 30, 2009, those banks and CDBL III ceased to be consolidated subsidiaries of Capitol.                                    |
| (5) | Capitol sold its ownership in Yuma Community Bank effective September 21, 2009.  The Bank's operations are included in Capitol's consolidated totals through that date.                                                                                                                                                                                                                                   |

----

----

|                             |   |                        |   |   | Tier 1 Risk-Based   |   |   | Total Risk-Based    |   |                         |
|----------------------------------|--------|-----------------------------|--------|--------|---------------------|--------|--------|---------------------|--------|------------------------------|
|                             |   | Tier 1 Leverage Ratio(1)(5) |   |   | Capital Ratio(1)(5) |   |   | Capital Ratio(2)(5) |   | Regulatory Classification(3) |
|                             |   | Sept 30,2009                |   |   | Dec 31,2008         |   |   | Sept 30,2009        |   |                         | Dec 31,2008 |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   | Sept 30,2009 | Dec 31,2008 |
| Arizona Region:                  |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |
| Arrowhead Community Bank         |   |                        | 4.55   | %      |                |   | 7.77   | %                   |   |                         | 6.69 | % |   |   | 8.74 | % |   |   | 8.03 | % |   |   | 10.02 | % | adequately-capitalized | well-capitalized |
| Asian Bank of Arizona(4)         |   |                        | 6.38   | %      |                |   | 13.27  | %                   |   |                         | 8.03 | % |   |   | 15.06 | % |   |   | 9.30 | % |   |   | 16.32 | % | adequately-capitalized | well-capitalized |
| Bank of Tucson                   |   |                        | 8.90   | %      |                |   | 9.53   | %                   |   |                         | 11.41 | % |   |   | 9.41 | % |   |   | 12.59 | % |   |   | 10.26 | % | well-capitalized | well-capitalized |
| Camelback Community Bank         |   |                        | 8.62   | %      |                |   | 9.02   | %                   |   |                         | 9.76 | % |   |   | 9.64 | % |   |   | 11.02 | % |   |   | 10.53 | % | well-capitalized | well-capitalized |
| Central Arizona Bank             |   |                        | 5.49   | %      |                |   | 13.38  | %                   |   |                         | 6.86 | % |   |   | 13.02 | % |   |   | 8.15 | % |   |   | 14.27 | % | adequately-capitalized | well-capitalized |
| Colonia Bank(4)                  |   |                        | 40.91  | %      |                |   | 65.50  | %                   |   |                         | 59.24 | % |   |   | 79.66 | % |   |   | 60.51 | % |   |   | 80.91 | % | well-capitalized | well-capitalized |
| Mesa Bank                        |   |                        | 4.93   | %      |                |   | 6.74   | %                   |   |                         | 6.99 | % |   |   | 8.85 | % |   |   | 8.24 | % |   |   | 10.10 | % | adequately-capitalized(8) | well-capitalized |
| Southern Arizona CommunityBank   |   |                        | 9.53   | %      |                |   | 9.14   | %                   |   |                         | 10.66 | % |   |   | 10.15 | % |   |   | 11.91 | % |   |   | 11.22 | % | well-capitalized | well-capitalized |
| Sunrise Bank of Albuquerque      |   |                        | 7.11   | %      |                |   | 8.50   | %                   |   |                         | 8.87 | % |   |   | 9.08 | % |   |   | 10.14 | % |   |   | 10.33 | % | adequately-capitalized(8) | well-capitalized |
| Sunrise Bank of Arizona          |   |                        | 5.73   | %      |                |   | 8.73   | %                   |   |                         | 7.61 | % |   |   | 9.38 | % |   |   | 8.87 | % |   |   | 10.41 | % | adequately-capitalized | well-capitalized |
| Yuma Community Bank(6)           |   |                        |   |   |                |   | 8.94   | %                   |   |                         |   |   |   |   | 10.26 | % |   |   |   |   |   |   | 11.40 | % |   | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| California Region:               |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Escondido                |   |                        | 9.24   | %      |                |   | 11.29  | %                   |   |                         | 13.42 | % |   |   | 15.50 | % |   |   | 14.70 | % |   |   | 16.66 | % | well-capitalized | well-capitalized |
| Bank of Feather River(4)         |   |                        | 18.35  | %      |                |   | 25.72  | %                   |   |                         | 27.07 | % |   |   | 27.12 | % |   |   | 28.32 | % |   |   | 28.37 | % | well-capitalized | well-capitalized |
| Bank of San Francisco            |   |                        | 8.37   | %      |                |   | 11.04  | %                   |   |                         | 9.76 | % |   |   | 11.53 | % |   |   | 11.02 | % |   |   | 12.78 | % | well-capitalized | well-capitalized |
| Bank of Santa Barbara(9)         |   |                        | 6.93   | %      |                |   | 8.00   | %                   |   |                         | 7.80 | % |   |   | 8.77 | % |   |   | 9.07 | % |   |   | 10.03 | % | adequately-capitalized | well-capitalized |
| Napa Community Bank              |   |                        | 10.77  | %      |                |   | 11.06  | %                   |   |                         | 11.03 | % |   |   | 10.79 | % |   |   | 12.28 | % |   |   | 12.04 | % | well-capitalized | well-capitalized |
| Point Loma Community Bank        |   |                        | 8.43   | %      |                |   | 11.11  | %                   |   |                         | 11.20 | % |   |   | 12.78 | % |   |   | 12.46 | % |   |   | 14.04 | % | well-capitalized | well-capitalized |
| Sunrise Bank of San Diego        |   |                        | 8.36   | %      |                |   | 10.27  | %                   |   |                         | 10.95 | % |   |   | 11.12 | % |   |   | 12.24 | % |   |   | 12.38 | % | well-capitalized | well-capitalized |
| Sunrise Community Bank(4)        |   |                        | 8.96   | %      |                |   | 14.39  | %                   |   |                         | 12.08 | % |   |   | 18.07 | % |   |   | 13.35 | % |   |   | 19.32 | % | well-capitalized | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Colorado Region:                 |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fort Collins Commerce Bank       |   |                        | 11.23  | %      |                |   | 12.48  | %                   |   |                         | 12.70 | % |   |   | 12.98 | % |   |   | 13.96 | % |   |   | 14.23 | % | well-capitalized | well-capitalized |
| Larimer Bank of Commerce(4)      |   |                        | 9.11   | %      |                |   | 8.95   | %                   |   |                         | 11.46 | % |   |   | 9.83 | % |   |   | 12.73 | % |   |   | 11.08 | % | well-capitalized | well-capitalized |
| Loveland Bank of Commerce(4)     |   |                        | 15.93  | %      |                |   | 21.48  | %                   |   |                         | 18.81 | % |   |   | 24.66 | % |   |   | 20.07 | % |   |   | 25.92 | % | well-capitalized | well-capitalized |
| Mountain View Bank ofCommerce(4) |   |                        | 14.69  | %      |                |   | 20.81  | %                   |   |                         | 17.30 | % |   |   | 20.53 | % |   |   | 18.55 | % |   |   | 21.78 | % | well-capitalized | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Great Lakes Region:              |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Auburn Hills             |   |                        | 6.37   | %      |                |   | 11.05  | %                   |   |                         | 8.31 | % |   |   | 12.64 | % |   |   | 9.61 | % |   |   | 13.90 | % | adequately-capitalized | well-capitalized |
| Bank of Maumee(4)                |   |                        | 8.99   | %      |                |   | 10.47  | %                   |   |                         | 11.94 | % |   |   | 11.54 | % |   |   | 13.21 | % |   |   | 12.79 | % | well-capitalized | well-capitalized |
| Bank of Michigan                 |   |                        | 6.66   | %      |                |   | 9.15   | %                   |   |                         | 9.96 | % |   |   | 9.76 | % |   |   | 11.22 | % |   |   | 11.01 | % | well-capitalized | well-capitalized |
| Capitol National Bank            |   |                        | 7.29   | %      |                |   | 7.95   | %                   |   |                         | 9.48 | % |   |   | 8.96 | % |   |   | 10.76 | % |   |   | 10.24 | % | adequately-capitalized(8) | well-capitalized |
| Elkhart Community Bank           |   |                        | 5.02   | %      |                |   | 7.71   | %                   |   |                         | 6.89 | % |   |   | 8.82 | % |   |   | 8.17 | % |   |   | 10.08 | % | adequately-capitalized(8) | well-capitalized |
| Evansville Commerce Bank(4)      |   |                        | 8.01   | %      |                |   | 8.13   | %                   |   |                         | 10.68 | % |   |   | 9.81 | % |   |   | 11.94 | % |   |   | 11.07 | % | well-capitalized | well-capitalized |
| Goshen Community Bank            |   |                        | 7.28   | %      |                |   | 7.96   | %                   |   |                         | 9.64 | % |   |   | 8.96 | % |   |   | 10.92 | % |   |   | 10.21 | % | adequately-capitalized(8) | well-capitalized |
| Michigan Commerce Bank           |   |                        | 4.64   | %      |                |   | 10.75  | %                   |   |                         | 5.86 | % |   |   | 10.70 | % |   |   | 7.15 | % |   |   | 12.19 | % | under-capitalized(7)(8) | well-capitalized |
| Ohio Commerce Bank(4)            |   |                        | 14.23  | %      |                |   | 15.29  | %                   |   |                         | 16.82 | % |   |   | 17.14 | % |   |   | 18.07 | % |   |   | 18.39 | % | well-capitalized | well-capitalized |
| Paragon Bank & Trust         |   |                        | 4.76   | %      |                |   | 8.09   | %                   |   |                         | 6.92 | % |   |   | 8.99 | % |   |   | 8.22 | % |   |   | 10.27 | % | adequately-capitalized | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Midwest Region:                  |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adams Dairy Bank(4)              |   |                        | 16.37  | %      |                |   | 22.19  | %                   |   |                         | 20.76 | % |   |   | 25.01 | % |   |   | 21.71 | % |   |   | 26.27 | % | well-capitalized | well-capitalized |
| Bank of Belleville               |   |                        | 8.30   | %      |                |   | 8.68   | %                   |   |                         | 10.28 | % |   |   | 9.51 | % |   |   | 11.53 | % |   |   | 10.76 | % | well-capitalized | well-capitalized |
| Community Bank of Lincoln(4)     |   |                        | 10.12  | %      |                |   | 13.68  | %                   |   |                         | 12.60 | % |   |   | 15.14 | % |   |   | 13.86 | % |   |   | 16.39 | % | well-capitalized | well-capitalized |
| Summit Bank of Kansas City(9)    |   |                        | 9.25   | %      |                |   | 11.64  | %                   |   |                         | 12.51 | % |   |   | 13.57 | % |   |   | 13.76 | % |   |   | 14.82 | % | well-capitalized | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Nevada Region:                   |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1st Commerce Bank(4)             |   |                        | 8.41   | %      |                |   | 10.03  | %                   |   |                         | 11.40 | % |   |   | 16.02 | % |   |   | 12.67 | % |   |   | 17.28 | % | well-capitalized | well-capitalized |
| Bank of Las Vegas                |   |                        | 6.90   | %      |                |   | 8.78   | %                   |   |                         | 7.75 | % |   |   | 9.47 | % |   |   | 9.03 | % |   |   | 10.72 | % | adequately-capitalized | well-capitalized |
| Black Mountain CommunityBank     |   |                        | 7.55   | %      |                |   | 8.45   | %                   |   |                         | 8.78 | % |   |   | 9.10 | % |   |   | 10.04 | % |   |   | 10.31 | % | well-capitalized | well-capitalized |
| Desert Community Bank            |   |                        | 6.93   | %      |                |   | 8.21   | %                   |   |                         | 8.12 | % |   |   | 9.58 | % |   |   | 9.39 | % |   |   | 10.65 | % | adequately-capitalized | well-capitalized |
| Red Rock Community Bank          |   |                        | 5.76   | %      |                |   | 8.52   | %                   |   |                         | 7.92 | % |   |   | 9.39 | % |   |   | 9.18 | % |   |   | 10.45 | % | adequately-capitalized | well-capitalized |
|                             |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Northeast Region:                |   |                        |   |   |                |   |   |                |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| USNY Bank(4)                     |   |                        | 8.12   | %      |                |   | 11.72  | %                   |   |                         | 9.76 | % |   |   | 12.45 | % |   |   | 11.01 | % |   |   | 13.70 | % | well-capitalized | well-capitalized |

----

|                          |   |                        |   |   | Tier 1 Risk-Based   |   |   | Total Risk-Based    |   |                         |        |
|-------------------------------|--------|-----------------------------|--------|--------|---------------------|--------|--------|---------------------|--------|------------------------------|-------------|
|                          |   | Tier 1 Leverage Ratio(1)(5) |   |   | Capital Ratio(1)(5) |   |   | Capital Ratio(2)(5) |   | Regulatory Classification(3) |
|                          |   | Sept 30,2009                |   |   | Dec 31,2008         |   |   | Sept 30,2009        |   |                         | Dec 31,2008 |   |   | Sept 30,2009 |   |   | Dec 31,2008 |   | Sept 30,2009 | Dec 31,2008 |
| Northwest Region:             |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |
| Bank of Bellevue              |   |                        | 8.79   | %      |                |   | 10.93  | %                   |   |                         | 13.15       | % |   |   | 11.99 | % |   |   | 14.42 | % |   |   | 13.25 | % | well-capitalized | well-capitalized |
| Bank of Everett(4)            |   |                        | 9.14   | %      |                |   | 11.98  | %                   |   |                         | 11.34       | % |   |   | 14.30 | % |   |   | 12.61 | % |   |   | 15.56 | % | well-capitalized | well-capitalized |
| Bank of Tacoma(4)             |   |                        | 8.06   | %      |                |   | 13.54  | %                   |   |                         | 11.10       | % |   |   | 12.86 | % |   |   | 12.37 | % |   |   | 14.12 | % | adequately-capitalized(8) | well-capitalized |
| High Desert Bank(4)           |   |                        | 8.34   | %      |                |   | 15.86  | %                   |   |                         | 10.94       | % |   |   | 17.29 | % |   |   | 12.21 | % |   |   | 18.54 | % | well-capitalized | well-capitalized |
| Issaquah Community Bank(4)    |   |                        | 15.77  | %      |                |   | 23.27  | %                   |   |                         | 21.69       | % |   |   | 26.08 | % |   |   | 22.96 | % |   |   | 27.33 | % | well-capitalized | well-capitalized |
|                          |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Southeast Region:             |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Valdosta(4)           |   |                        | 7.94   | %      |                |   | 8.01   | %                   |   |                         | 11.70       | % |   |   | 10.32 | % |   |   | 12.96 | % |   |   | 11.58 | % | well-capitalized | well-capitalized |
| Community Bank of Rowan(4)(9) |   |                        | 8.42   | %      |                |   | 8.04   | %                   |   |                         | 10.41       | % |   |   | 9.59 | % |   |   | 11.67 | % |   |   | 10.84 | % | well-capitalized | well-capitalized |
| First Carolina State Bank     |   |                        | 7.91   | %      |                |   | 8.61   | %                   |   |                         | 9.87        | % |   |   | 9.69 | % |   |   | 11.13 | % |   |   | 10.94 | % | well-capitalized | well-capitalized |
| Peoples State Bank            |   |                        | 9.11   | %      |                |   | 8.15   | %                   |   |                         | 13.53       | % |   |   | 10.40 | % |   |   | 14.79 | % |   |   | 11.65 | % | well-capitalized | well-capitalized |
| Pisgah Community Bank(4)      |   |                        | 11.73  | %      |                |   | 22.86  | %                   |   |                         | 14.56       | % |   |   | 25.11 | % |   |   | 15.82 | % |   |   | 26.37 | % | well-capitalized | well-capitalized |
| Sunrise Bank of Atlanta(4)    |   |                        | 7.21   | %      |                |   | 8.19   | %                   |   |                         | 9.05        | % |   |   | 9.78 | % |   |   | 10.32 | % |   |   | 11.04 | % | well-capitalized | well-capitalized |
|                          |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Texas Region:                 |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Bank of Fort Bend(4)          |   |                        | 15.61  | %      |                |   | 23.19  | %                   |   |                         | 20.25       | % |   |   | 28.46 | % |   |   | 21.50 | % |   |   | 29.71 | % | well-capitalized | well-capitalized |
| Bank of Las Colinas(4)        |   |                        | 12.08  | %      |                |   | 19.54  | %                   |   |                         | 16.26       | % |   |   | 22.08 | % |   |   | 17.53 | % |   |   | 23.33 | % | well-capitalized | well-capitalized |
|                          |   |                        |   |   |                |   |   |                |   |                         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consolidated totals           |   |                        | 6.26   | %      |                |   | 10.72  | %                   |   |                         | 8.43        | % |   |   | 12.07 | % |   |   | 11.17 | % |   |   | 13.75 | % | well-capitalized | well-capitalized |

| (1) | The minimum required Tier 1 leverage ratio and Tier 1 risk-based capital ratio is 4% (8% for de novo institutions).                                                                                                                                                                                                                                                              |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The minimum required total risk-based capital ratio is 8%.                                                                                                                                                                                                                                                                                                                       |
| (3) | In order to be classified as a 'well-capitalized' institution, the total risk-based capital ratio must be 10% or more.  To be classified as an 'adequately-capitalized' institution, the total risk-based capital ratio must be between 8% and 10%.                                                                                                                    |
| (4) | De novo institution which is subject to higher minimum ratio requirements as noted in (1) above for the first three years of operations.                                                                                                                                                                                                                                         |
| (5) | Ratios are per the regulatory call reports and Y9-C filed at original due date which is generally within 30 days after quarter-end.                                                                                                                                                                                                                                              |
| (6) | Capitol sold its ownership in Yuma Community Bank effective September 21, 2009.                                                                                                                                                                                                                                                                                                  |
| (7) | Effective November 9, 2009, Capitol transferred $8.3 million as additional capital to Michigan Commerce Bank, increasing its regulatory classification to adequately-capitalized.                                                                                                                                                                                                |
| (8) | Institution is subject to a regulatory agreement and, accordingly, cannot be classified better than adequately-capitalized.                                                                                                                                                                                                                                                      |
| (9) | Bank of Santa Barbara, Community Bank of Rowan and Summit Bank of Kansas City are majority-owned subsidiaries of Capitol Development Bancorp Limited (CDBL) III of which Capitol ceased to have majority voting control effective September 30, 2009.  Thus, effective September 30, 2009, those banks and CDBL III ceased to be consolidated subsidiaries of Capitol. |

----

----

----

----

----

----

----

----

----

| Item 1.  | Legal Proceedings. Capitol and its subsidiaries are parties to certain ordinary, routine litigation incidental to their business.  In the opinion of management, liabilities arising from such litigation would not have a material effect on Capitol's consolidated financial position or results of operations.                                                            |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Item 1A. | Risk Factors. There were no material changes from the risk factors set forth in Part I, Item 1A, "Risk Factors," of Capitol's Form 10-K for the year ended December 31, 2008, during the nine months ended September 30, 2009.  Refer to that section of Capitol's Form 10-K for disclosures regarding the risks and uncertainties related to Capitol's business.  |
| Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds.                                                                                                                                                                                                                                                                                                                                |
|     | (a)          None.(b)          Not applicable.(c)          None.                                                                                                                                                                      |
| Item 3.  | Defaults Upon Senior Securities. None.                                                                                                                                                                                                                                                                                                                                                 |
| Item 4.  | Submission of Matters to a Vote of Security Holders. None.                                                                                                                                                                                                                                                                                                                             |
| Item 5.  | Other Information. None.                                                                                                                                                                                                                                                                                                                                                               |
| Item 6.  | Exhibits:                                                                                                                                                                                                                                                                                                                                                                                        |

| (a)         | (b)                                                                                                                          |
|-------------|------------------------------------------------------------------------------------------------------------------------------|
| Exhibit No. | Description of Exhibit                                                                                                       |
| 31.1        | Certification of Chief Executive Officer, Joseph D. Reid,pursuant to Section 302 of the Sarbanes-Oxley Act of2002.      |
| 31.2        | Certification of Chief Financial Officer,Lee W. Hendrickson, pursuant to Section 302 of theSarbanes-Oxley Act of 2002.  |
| 32.1        | Certification of Chief Executive Officer, Joseph D. Reid,pursuant to Section 906 of the Sarbanes-Oxley Act of2002.      |
| 32.2        | Certification of Chief Financial Officer,Lee W. Hendrickson, pursuant to Section 906 of theSarbanes-Oxley Act of 2002.  |

----

| CAPITOL BANCORP LTD.(Registrant)                                                                                                                                                                                                                                                                                                                                                                                                                             |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| /s/ Joseph D. Reid                                                      Joseph D. ReidChairman and CEO(duly authorized to sign on behalf of the   registrant)   |
| /s/ Lee W. Hendrickson                                            Lee W. HendricksonChief Financial Officer                                                                                                                                |

----

| Exhibit No. | Description of Exhibit                                                                                                        |
|-------------|-------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                          |
| 31.1        | Certification of Chief Executive Officer, Joseph D. Reid, pursuant to Section 302 of theSarbanes-Oxley Act of 2002.      |
| 31.2        | Certification of Chief Financial Officer, Lee W. Hendrickson, pursuant to Section 302of the Sarbanes-Oxley Act of 2002.  |
| 32.1        | Certification of Chief Executive Officer, Joseph D. Reid, pursuant to Section 906 of theSarbanes-Oxley Act of 2002.      |
| 32.2        | Certification of Chief Financial Officer, Lee W. Hendrickson, pursuant to Section 906of the Sarbanes-Oxley Act of 2002.       |

----