Exhibit 99.1

Park Sterling Corporation Announces
Fourth Quarter and Full Year 2010 Results

Charlotte, NC — January 19, 2011 — Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the three months and year ended December 31, 2010. Highlights for the quarter and for the year include:

Fourth Quarter Highlights:

	•		Net interest income increased 7% compared to both the third quarter of 2010 and the fourth quarter of 2009
	•		Average earning assets grew 16% compared to the third quarter of 2010, and 36% compared to the fourth quarter of 2009
	•		Net interest margin (tax equivalent) of 2.52%, a decrease of 22 basis points compared to the third quarter of 2010 and 68 basis points compared to the fourth quarter of 2009
	•		Nonperforming assets increased $28.6 million compared to the third quarter of 2010 to $43.4 million, or 7.04% of total assets
	•		Provision for loan losses increased $2.1 million to $8.2 million compared to the third quarter of 2010 related to the effects of extended economic weakness on the loan portfolio
	•		Net charge-offs increased $7.0 million compared to the third quarter of 2010 to $9.0 million
	•		Capital levels remain strong as tangible common equity as a percentage of tangible assets decreased slightly to 28.75% from 29.06% in the third quarter of 2010
	•		Net loss of $4.5 million, or $0.16 per diluted share, compared to a net loss of $3.7 million, or $0.23 per diluted share, in the third quarter of 2010 and net income of $118,000, or $0.02 per diluted share, in the fourth quarter of 2009

Full Year Highlights:

	•		Successfully completed public offering generating $140.2 million in net proceeds, positioning Park Sterling well to take advantage of consolidation opportunities in the Carolinas and Virginia
	•		Expanded management team and reconstituted board of directors
	•		Implemented new operating strategy whereby Park Sterling seeks to reach a consolidated asset size between $8 billion and $10 billion over the next several years through acquisitions and organic growth
	•		Refined loan loss allowance methodology resulting in more comprehensive analysis of potential loan losses
	•		Net loss of $7.9 million, or $0.58 per diluted share, compared to net income of $577,000, or $0.12 per diluted share, for the year ended December 31, 2009

“During the fourth quarter of 2010, we continued reviewing our loan portfolio, with a particular emphasis on our higher risk (lower internal grade) exposures in light of the continued economic downturn that persists across North Carolina and shifting borrower behaviors,” said Jim Cherry, Chief Executive Officer. “This process intensified in the fourth quarter. As a result of this extensive review, we prudently added $28.8 million to our nonperforming loans, and charged off $9.0 million. This was a purposeful exercise that positions us to better pursue our strategy of acquiring regional and community banks in the Carolinas and Virginia as well as growing organically. Out of the $42.1 million in nonperforming loans, approximately $23.0 million continue to pay according to agreed upon terms. We believe that our actions were appropriate in the face of the current economic environment. As we saw last quarter, the shift in customer behavior and capacity, whereby borrowers who were once strong with solid liquidity and equity are now becoming increasingly stressed, has expanded as the downturn continues.

Even with this increase in nonperforming loans and charge-offs in the fourth quarter, we are executing on our growth strategy. We started 2011 by bringing on Emory Ware, a banker with 25 years of operating experience in South Carolina, as our South Carolina Market President to lead our expansion into the Charleston, Greenville/Spartanburg, and Columbia, South Carolina markets. We also continue to have an active pipeline of potential partner banks in all three of our target markets, and are confident in our ability to achieve our objectives.”

Fourth Quarter 2010 Financial Highlights

Asset Quality

Nonperforming loans increased to $42.1 million, or 10.53% of total loans, compared to $13.4 million, or 3.36% of total loans, as of September 30, 2010. Nonperforming assets totaled $43.4 million, or 7.04% of total assets, up from $14.8 million, or 2.34% of total assets, as of September 30, 2010.

The provision for loan losses increased $2.1 million, to $8.2 million, compared to the third quarter of 2010. The increase in the provision for loan losses directly resulted from the effects of extended economic weakness on the loan portfolio, which included an increase in both net charge-offs and nonperforming loans. Net charge-offs increased to $9.0 million, or 8.97% of average loans on an annualized basis, compared to $2.0 million, or 1.98% of average loans (annualized) in the prior quarter. The allowance for loan losses was $12.4 million, or 3.11% of total loans, a decrease of $800,000 from $13.2 million, or 3.31% of total loans, at September 30, 2010. The allowance represented 29.50% of nonperforming loans (including restructured loans) at December 31, 2010, down from 98.46% at September 30, 2010. The decrease in the allowance resulted primarily from net charge-offs on previously identified impaired loans with specific reserves.

Net Interest Income and Net Interest Margin

Compared to both the third quarter of 2010 and the fourth quarter of 2009, net interest income increased 7% to $3.9 million from $3.6 million, primarily due to an increased level of average earning assets. On a sequential basis, average earning assets rose 16% which more than offset a 22 basis point decrease in the net interest margin (tax equivalent), to 2.52%. The increase in average earning assets was due to a $73.6 million increase in taxable investment securities through utilization of net proceeds from the common stock offering. The decrease in the net interest margin primarily resulted from interest reversals on nonaccrual loans, which accounted for 21 basis points of net interest margin. Compared to the prior year period, average earning assets increased 36%, as taxable investment securities increased $96.9 million, which more than offset a 68 basis point decrease in the net interest margin (tax equivalent). The decrease in the net interest margin was due to the increase in investment securities which were lower yielding assets. Interest reversals on nonaccrual loans also impacted the net interest margin on a year-over-year basis, which accounted for eight basis points of the net interest margin decrease.

Non-Interest Income

Non-interest income increased $17,000 compared to the third quarter of 2010 and $29,000 compared to the fourth quarter of 2009. The growth in non-interest income compared to both prior periods was primarily related to a $14,000 gain on the disposition of assets.

Non-Interest Expense

Non-interest expense increased 19% compared to the third quarter of 2010, and 71% compared to the fourth quarter of 2009. The increase in expenses compared to both prior periods was primarily related to a $337,000 increase in salaries and employee benefits related to the management expansion and addition of new employees. Also included in non-interest expenses was $165,000 of due diligence-related expenses as well as $328,000 of non-cash stock option expense.

Balance Sheet and Capital

Total assets decreased $16.5 million, or 3%, compared to the third quarter of 2010, primarily due to a decrease in fed funds sold resulting from the release of $11.9 million of brokered CDs as well as a decrease in other time deposits. Compared to the fourth quarter of 2009, total assets grew $142.3 million, or 30%, resulting from increases in the investment portfolio and fed funds sold due to the completion of the Bank’s initial public offering during the third quarter of 2010.

Compared to the third quarter of 2010, total loans increased $2.2 million, or 1%, to $399.8 million, primarily due to modest growth in commercial real estate and commercial and industrial loans, partially offset by decreases in construction loans. Total loan balances increased $2.3 million, or 1%, compared to the fourth quarter of 2009, as growth in commercial real estate and commercial and industrial loans more than offset continued runoff in higher risk construction and development loans. Construction and development loans decreased 11% compared to the third quarter of 2010, and 24% compared to the fourth quarter of 2009.

Total deposits decreased $9.3 million, or 2%, compared to the third quarter of 2010. This decrease in deposits was primarily due to the release of $11.9 million of brokered CDs. Compared to the fourth quarter of 2009, total deposits increased $15.2 million, or 4%, resulting from a $12.2 million increase in demand deposits, a $19.6 million increase in money market deposits, and a $14.8 million increase in core CDs, partially offset by the release of $29.2 million in brokered CDs. Core deposits as a percentage of total deposits were 74%, compared to 72% in the third quarter of 2010 and 66% in the fourth quarter of 2009.

Stockholders’ equity decreased $6.7 million to $177.1 million compared to $183.8 million at September 30, 2010, primarily resulting from the fourth quarter 2010 net loss of $4.5 million. Stockholders’ equity increased $131.0 million compared to the fourth quarter of 2009 as a result of the August 2010 common stock offering. Tangible common equity as a percentage of tangible assets was 28.75%, a slight decrease from 29.06% at September 30, 2010, and an increase compared to 9.73% at December 31, 2009.

Conference Call

A conference call will be held at 8:30 a.m., ET this morning (1/19/11). The conference call can be accessed by dialing (877) 317 6789 and requesting the Park Sterling Bank earnings call. Listeners should dial in 10 minutes prior to the start of the call. The live webcast and presentation slides will be available on www.parksterlingbank.com under Investor Relations, “Investor Presentations.”

A replay of the webcast will be available on www.parksterlingbank.com under Investor Relations, “Investor Presentations” shortly following the call. A replay of the conference call can be accessed one hour after the call through February 9, 2011, by dialing (877) 344 7529, conference number 447401.

About Park Sterling Corporation

Park Sterling Corporation is the holding company for Park Sterling Bank, headquartered in Charlotte, North Carolina. The Bank’s primary focus is to provide banking services to small and mid-sized businesses, owner-occupied and income producing real estate owners, professionals and consumers doing business or residing within its target markets. Park Sterling Bank is committed to building a banking franchise across the Carolinas and Virginia that is noted for sound risk management, superior client service and exceptional client relationships. For more information, visit www.parksterlingbank.com. Park Sterling’s shares are traded on NASDAQ under the symbol PSTB.

Non-GAAP Measures

Tangible assets, tangible common equity, tangible book value and related ratios, as used throughout this release, are non-GAAP financial measures. For additional information, see “Reconciliation of Non-GAAP Measures” in the accompanying tables.

Cautionary Statement Regarding Forward Looking Statements

This news release contains, and Park Sterling and its management may make, certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often use words such as “may,” “plan,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” expect,” “project,” “predict,” “estimate,” “could,” “should,” “would,” “will,” “goal,” “target” and similar expressions. The forward-looking statements made represent Park Sterling’s current expectations, plans or forecasts of its future results and condition, including expectations regarding its new business strategy of engaging in bank mergers and organic growth and anticipated asset size, refinement of the loan loss allowance methodology, recruiting of key leadership positions, decreases in construction and development loans and other changes in loan mix, changes in deposit mix, capital and liquidity levels, emerging regulatory expectations and measures, net interest income, credit trends and conditions, including loan losses, allowance, charge-offs, delinquency trends and nonperforming asset levels, and other similar matters. These statements are not guarantees of future results or performance and involve certain risks and uncertainties that are based on our beliefs and assumptions and on the information available to us at the time that these disclosures were prepared. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements.

You should not place undue reliance on any forward-looking statement and should consider all of the following uncertainties and risks, as well as those more fully discussed in any of Park Sterling’s filings with the SEC or FDIC; Park Sterling’s inability to identify and successfully negotiate and complete combinations with potential merger partners or to successfully integrate such businesses into Park Sterling, including the company’s ability to realize the benefits and cost savings from and limit any unexpected liabilities acquired as a result of any such business combination; the effects of negative economic conditions, including stress in the commercial real estate markets or delay or failure of recovery in the residential real estate markets; changes in consumer and investor confidence and the related impact on financial markets and institutions; changes in interest rates; failure of assumptions underlying the establishment of our allowance; deterioration in the credit quality of our loan portfolios or in the value of the collateral securing those loans; deterioration in the value of securities held in our investment securities portfolio; legal and regulatory developments; increased competition from both banks and nonbanks; changes in accounting standards, rules and interpretations, inaccurate estimates or assumptions in accounting and the impact on Park Sterling’s financial statements; Park Sterling’s ability to attract new employees; and management’s ability to effectively manage credit risk, market risk, operational risk, legal risk, and regulatory and compliance risk.

Forward-looking statements speak only as of the date they are made, and Park Sterling undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

###

For additional information contact:

David Gaines
Chief Financial Officer
(704) 716-2134
dgaines@parksterlingbank.com

Investor Relations:

Megan Malanga
Nvestcom
(954) 781-4393
megan.malanga@nvestcom.com

Media:

Charlotte Laurent-Ottomane
Nvestcom
(561) 395-4581
charlotte.ottomane@nvestcom.com

PARK STERLING BANK
CONDENSED INCOME STATEMENT
THREE MONTH RESULTS
($ in thousands, except per share amounts)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Interest income
Loans, including fees		$	4,984			$	4,963			$	5,170			$	5,143			$	5,148
Federal funds sold			46				42				10				9				15
Taxable investment securities			587				370				286				324				319
Tax-exempt investment securities			160				161				161				160				159
Interest on deposits at banks			16				23				12				15				9
Total interest income			5,793				5,559				5,639				5,651				5,650
Interest expense
Money market, NOW and savings deposits			132				104				89				83				89
Time deposits			1,435				1,490				1,459				1,485				1,594
Short-term borrowings			1				1				3				4				6
Long-term borrowings			140				144				141				138				143
Subordinated debt			188				190				190				190				189
Total interest expense			1,896				1,929				1,882				1,900				2,021
Net interest income			3,897				3,630				3,757				3,751				3,629
Provision for loan losses			8,237				6,143				1,094				1,531				1,418
Net interest income (loss) after provision			(4,340	)			(2,513	)			2,663				2,220				2,211
Total noninterest income			43				26				23				38				14
Noninterest expenses
Salaries and employee benefits			2,114				1,777				1,299				1,252				1,165
Occupancy and equipment			250				236				224				206				194
Advertising and promotion			50				84				96				57				62
Legal and professional fees			208				78				80				79				52
Deposit charges and FDIC insurance			185				184				183				176				375
Data processing and outside service fees			109				109				100				93				96
Directors fees			182				164				46				—				—
OREO expense and loss on sales			16				120				239				36				4
Other noninterest expense			434				238				210				143				130
Total noninterest expenses			3,548				2,990				2,477				2,042				2,078
Income (loss) before income taxes			(7,845	)			(5,477	)			209				216				147
Income tax expense (benefit)			(3,324	)			(1,809	)			36				59				29
Net income (loss)		$	(4,521	)		$	(3,668	)		$	173			$	157			$	118
Earnings (loss) per share, fully diluted		$	(0.16	)		$	(0.23	)		$	0.03			$	0.03			$	0.02
Weighted average diluted shares			28,051,098				15,998,924				4,951,098				4,951,098				4,951,098

*		Derived from audited financial statements.

PARK STERLING BANK
CONDENSED INCOME STATEMENT
TWELVE MONTH RESULTS
($ in thousands, expect per share amounts)

		December 31,				December 31,
		2010				2009 *
		(Unaudited)
Interest income
Loans, including fees		$	20,260			$	19,710
Federal funds sold			107				41
Taxable investment securities			1,567				1,365
Tax-exempt investment securities			642				533
Interest on deposits at banks			66				19
Total interest income			22,642				21,668
Interest expense
Money market, NOW and savings deposits			408				353
Time deposits			5,869				7,968
Short-term borrowings			9				25
Long-term borrowings			563				565
Subordinated debt			758				379
Total interest expense			7,607				9,290
Net interest income			15,035				12,378
Provision for loan losses			17,005				3,272
Net interest income (loss) after provision			(1,970	)			9,106
Total noninterest income			130				(293	)
Noninterest expenses
Salaries and employee benefits			6,442				4,723
Occupancy and equipment			916				820
Advertising and promotion			287				236
Legal and professional fees			445				212
Deposit charges and FDIC insurance			728				965
Data processing and outside service fees			411				395
Directors fees			392				—
OREO expense and loss on sales			411				161
Other noninterest expense			1,025				485
Total noninterest expenses			11,057				7,997
Income (loss) before income taxes			(12,897	)			816
Income tax expense (benefit)			(5,038	)			239
Net income (loss)		$	(7,859	)		$	577
Earnings (loss) per share, fully diluted		$	(0.58	)		$	0.12
Weighted average diluted shares			13,558,221				4,951,098

*		Derived from audited financial statements.

PARK STERLING BANK
CONDENSED BALANCE SHEETS
($ in thousands)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
ASSETS
Cash and due from banks		$	2,433			$	11,591			$	7,785			$	9,872			$	6,504
Interest earning balances at banks			5,040				5,859				2,290				2,790				2,758
Federal funds sold			57,905				96,560				30,860				14,090				13,975
Investment securities available-for-sale			140,590				115,357				40,289				43,190				42,567
Loans			399,829				397,658				399,376				394,499				397,564
Allowance for loan losses			(12,424	)			(13,150	)			(8,974	)			(8,380	)			(7,402	)
Net loans			387,405				384,508				390,402				386,119				390,162
Other real estate owned			1,246				1,441				534				3,066				1,550
Other assets			21,489				17,314				16,201				15,923				16,339
Total assets		$	616,108			$	632,630			$	488,361			$	475,050			$	473,855
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deposits:
Demand noninterest-bearing		$	36,333			$	30,468			$	27,316			$	26,586			$	24,085
Money market, NOW and savings			71,666				72,639				62,568				55,811				52,308
Time deposits			299,821				314,042				321,899				310,769				316,240
Total deposits			407,820				417,149				411,783				393,166				392,633
Short-term borrowings			874				1,100				1,762				7,146				6,989
Long-term borrowings			20,000				20,000				20,000				20,000				20,000
Subordinated debt			6,895				6,895				6,895				6,895				6,895
Accrued expenses and other liabilities			3,418				3,639				1,231				1,423				1,243
Total liabilities			439,007				448,783				441,671				428,630				427,760
Stockholders’ equity:
Common stock			130,438				130,438				23,023				23,023				23,023
Additional paid-in capital			57,102				56,778				23,687				23,600				23,496
Accumulated deficit			(9,501	)			(4,981	)			(1,313	)			(1,485	)			(1,642	)
Accumulated other comprehensive income			(938	)			1,612				1,293				1,284				1,218
Total stockholders’ equity			177,101				183,847				46,690				46,421				46,095
Total liabilities and stockholders’ equity		$	616,108			$	632,630			$	488,361			$	475,050			$	473,855
Common shares issued and outstanding			28,051,098				28,051,098				4,951,098				4,951,098				4,951,098

*		Derived from audited financial statements.

PARK STERLING BANK
SUMMARY OF LOAN PORTFOLIO
($ in thousands)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Secured by real estate:
One to four family residential		$	44,889			$	43,791			$	45,126			$	44,781			$	42,782
Commercial real estate			145,548				133,134				132,482				131,108				126,609
Construction and development			96,896				109,138				115,075				117,855				127,811
Home equity line of credit			56,968				58,115				54,982				52,744				52,026
Total real estate loans			344,301				344,178				347,665				346,488				349,228
Commercial and industrial			48,401				47,166				45,461				41,693				41,914
Loans to individuals			7,246				6,412				6,350				6,410				6,535
Total other loans			55,647				53,578				51,811				48,103				48,449
Deferred fees, net			(119	)			(98	)			(100	)			(92	)			(113	)
Total loans		$	399,829			$	397,658			$	399,376			$	394,499			$	397,564

*		Derived from audited financial statements.

PARK STERLING BANK
ALLOWANCE FOR LOAN LOSSES
THREE MONTH RESULTS
($ in thousands)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Beginning of period allowance		$	13,150			$	8,974			$	8,380			$	7,402			$	7,041
Provision for loan losses			8,237				6,143				1,094				1,531				1,418
Loans charged-off			9,000				1,986				502				554				1,057
Recoveries of loans charged-off			37				19				2				1				—
End of period allowance			12,424				13,150				8,974				8,380				7,402
Net loans charged-off		$	8,963			$	1,967			$	500			$	553			$	1,057
Annualized net charge-offs			8.97	%			1.98	%			0.50	%			0.56	%			1.06	%

PARK STERLING BANK
ALLOWANCE FOR LOAN LOSSES
TWELVE MONTH RESULTS
($ in thousands)

		December 31,				December 31,
		2010				2009 *
		(Unaudited)
Beginning of period allowance		$	7,402			$	5,568
Provision for loan losses			17,005				3,272
Loans charged-off			12,042				1,438
Recoveries of loans charged-off			59				—
End of period allowance			12,424				7,402
Net loans charged-off		$	11,983			$	1,438

PARK STERLING BANK
SELECTED RATIOS
($ in thousands, except per share amounts)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
ASSET QUALITY
Nonperforming loans **		$	42,109			$	13,356			$	8,805			$	4,495			$	3,888
Nonperforming assets (including OREO)			43,355				14,798				9,339				7,561				5,438
Past due 30-59 days			—				6,599				343				5,643				594
Past due 60-89 days			—				660				1,778				1,188				3,358
Past due 90 days plus (and still accruing)			—				—				—				553				—
Nonperforming loans to total loans			10.53	%			3.36	%			2.20	%			1.14	%			0.98	%
Nonperforming assets to total assets			7.04	%			2.34	%			1.91	%			1.59	%			1.15	%
Allowance to total loans			3.11	%			3.31	%			2.25	%			2.12	%			1.86	%
Allowance to nonperforming loans			29.50	%			98.46	%			101.92	%			186.43	%			190.38	%
Allowance to nonperforming assets			28.66	%			88.86	%			96.09	%			110.83	%			136.12	%
CAPITAL
Book value per share		$	6.31			$	6.55			$	9.43			$	9.38			$	9.31
Tangible book value per share		$	6.31			$	6.55			$	9.43			$	9.38			$	9.31
Common shares outstanding			28,051,098				28,051,098				4,951,098				4,951,098				4,951,098
Tier 1 capital		$	178,039			$	182,234			$	44,262			$	45,137			$	44,877
Tier 2 capital			12,296				12,280				12,167				12,167				12,184
Total risk based capital			190,339				194,514				56,429				57,304				57,061
Tier 1 ratio			41.85	%			43.09	%			10.59	%			10.78	%			10.66	%
Total risk based capital ratio			44.74	%			45.99	%			13.50	%			13.69	%			13.55	%
Tier 1 leverage ratio			32.04	%			32.80	%			9.26	%			9.53	%			9.40	%
Tangible common equity to tangible assets			28.75	%			29.06	%			9.56	%			9.77	%			9.73	%
LIQUIDITY
Net loans to total deposits			94.99	%			92.18	%			94.81	%			98.21	%			99.37	%
Liquidity ratio			50.48	%			54.99	%			19.56	%			17.34	%			15.81	%
Equity to Total Assets			28.75	%			29.06	%			9.56	%			9.77	%			9.73	%
INCOME STATEMENT (THREE MONTH RESULTS)
Return on Average Assets			-2.81	%			-2.64	%			0.14	%			0.13	%			0.10	%
Return on Average Equity			-9.75	%			-12.80	%			1.48	%			1.36	%			1.01	%
Net interest margin (tax equivalent)			2.52	%			2.74	%			3.34	%			3.41	%			3.20	%
INCOME STATEMENT (ANNUAL RESULTS)
Return on Average Assets			-1.46	%			n/a				n/a				n/a				0.13	%
Return on Average Equity			-8.00	%			n/a				n/a				n/a				1.26	%
Net interest margin (tax equivalent)			2.95	%			n/a				n/a				n/a				2.84	%

Reconciliation of Non-GAAP Measures

Tangible assets, tangible common equity, tangible book value and related ratios, as used throughout this release, are non-GAAP financial measures. “Tangible assets” equals period end total assets less intangible assets. “Tangible common equity” equals period end common shareholders’ equity less intangible assets. “Tangible book value per share” equals period end tangible common equity divided by period end common shares issued and outstanding. See the table below for the non-GAAP measures and corresponding reconciliations to GAAP financial measures.

PARK STERLING BANK
RECONCILIATION OF NON-GAAP MEASURES
($ in thousands)

		December				September 30,				June 30,				March 31,				December 31,
		2010				2010				2010				2010				2009 *
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Tangible assets
Total assets		$	616,108			$	632,630			$	488,361			$	475,050			$	473,855
Less: intangible assets			—				—				—				—				—
Tangible assets		$	616,108			$	632,630			$	488,361			$	475,050			$	473,855
Tangible common equity
Total common equity		$	177,101			$	183,847			$	46,690			$	46,421			$	46,095
Less: intangible assets			—				—				—				—				—
Tangible common equity		$	177,101			$	183,847			$	46,690			$	46,421			$	46,095
Tangible book value per share
Tangible common equity		$	177,101			$	183,847			$	46,690			$	46,421			$	46,095
Divided by: period end outstanding shares			28,051,098				28,051,098				4,951,098				4,951,098				4,951,098
Tangible common book value per share		$	6.31			$	6.55			$	9.43			$	9.38			$	9.31