OFG Bancorp (OFG) 8-K Continued Strong Profit Growth Reflects Further Expansion of Net Interest Margin

Exhibit 99

Puerto Rico Contact:
Juan C. Cruz,
Oriental Financial Group
(787) 771-6820

U.S. Contact:
Steven Anreder and Gary Fishman,
Anreder & Company
(212) 532-3232

ORIENTAL FINANCIAL GROUP REPORTS RESULTS FOR THE QUARTER
ENDED SEPTEMBER 30, 2007

Continued Strong Profit Growth Reflects Further Expansion of Net Interest Margin

SAN JUAN, Puerto Rico, October 29, 2007 — Oriental Financial Group Inc. (NYSE: OFG) today announced results for the third quarter and nine months ended September 30, 2007.

For the third quarter, the Group reported income available to common shareholders of $7.3 million, or $0.30 per common share (basic and diluted), sharply above income of $1.2 million, or $0.05 per share (basic and diluted), reported in the corresponding year ago quarter. The results of operations for the third quarter improved 38.2% compared to the preceding quarter, when the Group reported income available to common shareholders of $5.3 million, or $0.21 per share (basic and diluted).

Income available to common shareholders for the third quarter represented a return on assets (ROA) of 0.59% and a return on common equity (ROE) of 11.17%. Both ratios were well above the 0.20% and 1.69% in the corresponding year ago period, respectively, and 0.49% and 7.87% in the preceding quarter, respectively.

Third quarter net interest margin increased to 1.46%, up 69 basis points from the corresponding year ago period and up 6 basis points from the second quarter of 2007. This is the third consecutive quarter in which net interest margin has improved. Book value per common share increased 13.6%, to $11.35 as of September 30, 2007, from $9.99 as of June 30, 2007.

For the nine months, Oriental reported income available to common shareholders of $22.3 million, or $0.91 per common share (basic and diluted), compared to $9.3 million, or $0.38 per share (basic and diluted), in the corresponding year ago period. ROA and ROE for the first nine months were 0.66% and 11.20%, respectively, compared with 0.37% and 4.53%, for the corresponding year ago period, respectively.

Commentary and Outlook

José Rafael Fernández, President and Chief Executive Officer, commented, “The favorable results achieved in the second and third quarters are a reflection of the strategies we have

been pursuing. Three years ago, our management team began to recognize weakening economic conditions in Puerto Rico. On that basis, we made a strategic decision to be a conservative lender, particularly in light of the fact that interest rates and other terms being offered by some of our competitors for commercial and mortgage loans lacked, in our view, a sound business rationale. We restructured our investment portfolio and related funding to improve margins, in line with what we correctly anticipated would be a more positively sloped yield curve. We continue to be attentive to market opportunities that could further improve the net interest margin. We also strengthened our management team, while moving successfully to contain non-interest expenses.”

“As a result, we saw continued significant improvement in net interest income and operating efficiencies in the third quarter, while we maintained our conservative stance with regard to lending. We also continued to build our franchise, aimed at integrating the delivery of banking and financial services to mid and high net worth clients.”

“Oriental is well positioned, and we expect to continue to benefit from our strategies in the foreseeable future. Due to our strong capital structure, we believe we will be able to take strategic advantage of growth opportunities.”

Analysis of Third Quarter 2007 Results of Operations

Interest income of $74.9 million for the third quarter increased 23.1% year over year and 5.8% quarter over quarter, primarily as a result of a higher overall yield and higher average balances of interest-earning assets. At the same time, interest expense of $55.3 million increased at a slower pace than interest income, mostly influenced by a lower average rate on borrowings of 4.43% versus 5.04% in the year ago quarter and 4.51% in the preceding quarter. As a result, net interest income of $19.7 million increased 119.5% year over year and 11.1% quarter over quarter.

Total banking and financial service revenues of $6.7 million for the third quarter were up 3.7% from the preceding quarter, mainly due to a significant increase in mortgage banking activities. By strengthening Oriental’s mortgage banking operations during 2007, the Group has begun to securitize and sell conforming mortgage loans in the secondary market on a more consistent basis.

Non-interest expenses totaled $16.5 million for the third quarter, 5.5% lower than the preceding quarter, principally due to effective cost control measures, as net interest income and non-interest income continue to grow.

September 30, 2007 Balance Sheet Analysis

Total assets increased from $5.3 billion as of June 30, 2007 to $5.9 billion as of September 30, 2007. The increase was primarily in the Group’s investment portfolio, reflecting management’s strategy of supplementing the generally lower level of loan originations with the purchase of high-quality investments with a favorable spread. Funding for the acquisition of these investments was mainly provided through repurchase agreements and advances from the Federal Home Loan Bank of New York, enabling the Group to also reduce its balance of higher cost brokered certificates of deposit from $176.1 million as of

June 30, 2007 to $120.5 million as of September 30, 2007.

Credit Quality

Net credit losses in the third quarter remained relatively low at less than $1.0 million, or 0.32% of average loans outstanding, similar to the preceding quarter, when net credit losses averaged 0.31% of average loans outstanding. At September 30, 2007, non-performing loans were $61.5 million (5.10% of total loans), compared to $50.1 million (3.91% of total loans) at June 30, 2007 and $34.2 million (2.89% of total loans) at September 30, 2006. The current level reflects an increase of $12.0 million from June 30, 2007 in non-performing residential mortgage loans, attributable to the current slowdown of the Puerto Rico economy. As a result, the Group increased its provision for loan losses to $1.6 million in the third quarter (162.9% of net credit losses) compared to $1.4 million in the preceding quarter (139.0% of net credit losses) and $0.9 million in the third quarter of 2006 (119.8% of net credit losses).

“Since July 2007 Oriental owns the servicing rights for all its outstanding mortgage loans and has contracted out the sub-servicing to a single third party, enabling us to better monitor our portfolio performance and to implement aggressive loss mitigation measures,” said Mr. Fernández. “We anticipate these actions will help reduce our level of non-performing residential mortgage loans in the near future. Ultimately, we do not expect the increase in non-performing loans to translate into significantly higher losses as these loans are generally well collateralized with adequate loan-to-value ratios.”

Capital

Stockholders’ equity amounted to $341.8 million at September 30, 2007, an increase of 9.0% compared to $313.5 million at June 30, 2007. The Group comfortably exceeds regulatory capital requirements. At September 30, 2007, the Leverage Capital Ratio was 6.79% (1.70 times the minimum of 4.00%), Tier I Risk-Based Capital Ratio was 17.77% (4.44 times the minimum of 4.00%), and Total Risk-Based Capital Ratio was 18.19% (2.27 times the minimum of 8.00%). During the third quarter, the Group repurchased 413,826 shares of common stock at an average price of $9.01 per share and a total cost of $3.7 million, leaving approximately $11.3 million available under the Group’s current stock repurchase program.

About Oriental Financial Group

Oriental Financial Group Inc. is a diversified financial holding company operating under U.S. and Puerto Rico banking laws and regulations. Now in its 43^rd year in business, Oriental provides a full range of mortgage, commercial and consumer banking services through 24 financial centers in Puerto Rico, as well as financial planning, trust, insurance, investment brokerage and investment banking services. Investor information about Oriental can be found at www.orientalfg.com.

Forward-Looking Statements

This news release may contain forward-looking statements that reflect management’s

beliefs and expectations and are subject to risks and uncertainties inherent to the Group’s business, including, without limitation, the effect of economic and market conditions, the level and volatility of interest rates, and other risks and considerations detailed in the Group’s filings with the Securities and Exchange Commission. These or other factors could cause actual results to differ materially from forward-looking statements. The Group also disclaims any obligations to update information contained in this news release as a result of developments occurring after the date of issuance.

# # #

ORIENTAL FINANCIAL GROUP Financial Summary (NYSE: OFG)
	QUARTER ENDED												NINE-MONTH PERIOD ENDED
	30-Sep-07			30-Sep-06			%			30-Jun-07			30-Sep-07			30-Sep-06			%
Summary of Operations (Dollars in thousands, except per share data):
Interest Income:
Loans	$	21,699		$	20,819			4.2	%	$	22,315		$	65,862		$	55,384			18.9	%
Investment securities		53,227			40,046			32.9	%		48,486			141,364			118,368			19.4	%
Total interest income		74,926			60,865			23.1	%		70,801			207,226			173,752			19.3	%
Interest Expense:
Deposits		13,561			11,931			13.7	%		13,601			39,409			33,575			17.4	%
Securities sold under agreements to repurchase		37,405			36,035			3.8	%		36,546			106,739			93,525			14.1	%
Other borrowed funds		4,310			3,946			9.2	%		2,964			10,350			11,777			-12.1	%
Total interest expense		55,276			51,912			6.5	%		53,111			156,498			138,877			12.7	%
Net interest income		19,650			8,953			119.5	%		17,690			50,728			34,875			45.5	%
Provision for loan losses		1,614			870			85.5	%		1,375			4,064			2,918			39.3	%
Net interest income after provision for loan losses		18,036			8,083			123.1	%		16,315			46,664			31,957			46.0	%
Non-Interest Income:
Financial service revenues		3,737			3,986			-6.2	%		4,049			12,629			11,303			11.7	%
Banking service revenues		1,862			2,025			-8.0	%		2,265			6,001			6,712			-10.6	%
Investment banking revenues		113			592			-80.9	%		—			113			3,153			-96.4	%
Mortgage banking activities		1,010			1,122			-10.0	%		170			1,242			2,191			-43.3	%
Total banking and financial service revenues		6,722			7,725			-13.0	%		6,484			19,985			23,359			-14.4	%
Net gain (loss) on sale of securities		835			2,455			-66.0	%		12			1,205			2,496			-51.7	%
Net gain (loss) on derivatives		154			(1,571	)		109.8	%		88			8,538			(713	)		1297.5	%
Income (loss) from other investments		(541	)		928			-158.3	%		1,159			236			658			-64.1	%
Other		(36	)		348			-110.3	%		53			96			558			-82.8	%
Total non-interest income		7,134			9,885			-27.8	%		7,796			30,060			26,358			14.0	%
Non-Interest Expenses:
Compensation and employees’ benefits		7,561			6,241			21.2	%		6,916			21,222			18,042			17.6	%
Occupancy and equipment		3,045			2,867			6.2	%		3,343			9,381			8,549			9.7	%
Professional and service fees		1,543			1,681			-8.2	%		2,234			5,316			4,906			8.4	%
Advertising and business promotion		1,069			950			12.5	%		1,118			2,980			2,964			0.5	%
Directors and investor relations expenses		308			198			55.6	%		769			1,608			550			192.4	%
Loan servicing expenses		349			525			-33.5	%		540			1,412			1,490			-5.2	%
Taxes, other than payroll and income taxes		607			440			38.0	%		489			1,543			1,613			-4.3	%
Electronic banking charges		431			489			-11.9	%		457			1,346			1,451			-7.2	%
Clearing and wrap fees expenses		321			312			2.9	%		310			997			1,101			-9.4	%
Communication		354			419			-15.5	%		308			1,001			1,261			-20.6	%
Insurance		210			220			-4.5	%		211			638			652			-2.1	%
Printing, postage, stationery and supplies		177			259			-31.7	%		189			568			803			-29.3	%
Other		547			544			0.6	%		593			1,815			1,431			26.8	%
Total non-interest expenses		16,522			15,145			9.1	%		17,477			49,827			44,813			11.2	%
Income before income taxes		8,648			2,823			206.3	%		6,634			26,897			13,502			99.2	%
Income tax expense		196			446			-56.1	%		187			1,007			557			80.8	%
Net income		8,452			2,377			255.6	%		6,447			25,890			12,945			100.0	%
Less: Dividends on preferred stock		(1,200	)		(1,200	)		0.0	%		(1,201	)		(3,601	)		(3,601	)		0.0	%
Income available to common shareholders	$	7,252		$	1,177			516.1	%	$	5,246		$	22,289		$	9,344			138.5	%

Page 1 of 5

ORIENTAL FINANCIAL GROUP Financial Summary (NYSE: OFG)
		QUARTER ENDED											NINE-MONTH PERIOD ENDED
		30-Sep-07			30-Sep-06		%			30-Jun-07			30-Sep-07			30-Sep-06		%
(Dollars in thousands, except per share data):
EARNINGS PER SHARE
Basic	$	0.30		$	0.05		500.0	%	$	0.21		$	0.91		$	0.38		139.5	%
Diluted	$	0.30		$	0.05		500.0	%	$	0.21		$	0.91		$	0.38		139.5	%
COMMON STOCK DATA
Average common shares outstanding		24,230			24,564		-1.4	%		24,488			24,396			24,600		-0.8	%
Average potential common shares-options		31			97		-68.0	%		75			110			124		-11.3	%
Total average shares outstanding and equivalents		24,261			24,661		-1.6	%		24,563			24,506			24,724		-0.9	%
Common shares outstanding at end of period										24,520			24,119			24,510		-1.6	%
Book value per common share									$	9.99		$	11.35		$	11.58		-1.9	%
Cash dividends per share of common stock	$	0.14		$	0.14		0.0	%	$	0.14		$	0.42		$	0.42		0.0	%
Cash dividends declared on common share	$	3,377		$	3,433		-1.6	%	$	3,432		$	10,235		$	10,322		-0.8	%
Pay-out ratio		46.67	%		280.00	%	-83.3	%		66.67	%		46.15	%		110.53	%	-58.2	%
SELECTED FINANCIAL DATA
PERFORMANCE RATIOS:
Return on average assets		0.59	%		0.20	%	195.0	%		0.49	%		0.66	%		0.37	%	78.4	%
Return on average common equity		11.17	%		1.69	%	560.9	%		7.87	%		11.20	%		4.53	%	147.1	%
Efficiency ratio		62.65	%		90.81	%	-31.0	%		68.99	%		70.47	%		76.95	%	-8.4	%
TAX EQUIVALENT SPREAD
Interest-earning assets		5.59	%		5.24	%	6.7	%		5.61	%		5.56	%		5.12	%	8.6	%
Tax equivalent adjustment		1.21	%		1.15	%	5.2	%		1.24	%		1.22	%		1.18	%	3.4	%
Interest-earning assets — tax equivalent		6.80	%		6.39	%	6.4	%		6.85	%		6.78	%		6.30	%	7.6	%
Interest-bearing liabilities		4.40	%		4.73	%	-7.0	%		4.44	%		4.46	%		4.36	%	2.3	%
Tax equivalent interest rate spread		2.40	%		1.66	%	44.6	%		2.41	%		2.32	%		1.94	%	19.6	%
Tax equivalent interest rate margin		2.67	%		1.92	%	39.1	%		2.64	%		2.58	%		2.21	%	16.7	%
NORMAL SPREAD
Investments		5.19	%		4.53	%	14.6	%		5.12	%		5.06	%		4.48	%	12.9	%
Loans		6.92	%		7.49	%	-7.6	%		7.10	%		7.03	%		7.36	%	-4.5	%
Interest-earning assets		5.59	%		5.24	%	6.7	%		5.61	%		5.56	%		5.12	%	8.6	%
Deposits		4.29	%		3.92	%	9.4	%		4.25	%		4.19	%		3.65	%	14.8	%
Borrowings		4.43	%		5.04	%	-12.1	%		4.51	%		4.56	%		4.65	%	-1.9	%
Interest-bearing liabilities		4.40	%		4.73	%	-7.0	%		4.44	%		4.46	%		4.36	%	2.3	%
Interest rate spread		1.19	%		0.51	%	133.3	%		1.17	%		1.10	%		0.76	%	44.7	%
Interest rate margin		1.46	%		0.77	%	89.6	%		1.40	%		1.36	%		1.03	%	32.0	%
AVERAGE BALANCES
Investments	$	4,104,277		$	3,534,260		16.1	%	$	3,789,419		$	3,722,042		$	3,519,716		5.7	%
Loans		1,253,760			1,111,809		12.8	%		1,257,308			1,248,967			1,003,740		24.4	%
Interest-earning assets	$	5,358,037		$	4,646,069		15.3	%	$	5,046,727		$	4,971,009		$	4,523,456		9.9	%
Deposits	$	1,264,282		$	1,217,484		3.8	%	$	1,280,353		$	1,252,790		$	1,226,390		2.2	%
Borrowings		3,763,340			3,174,256		18.6	%		3,500,753			3,424,695			3,017,045		13.5	%
Interest-bearing liabilities	$	5,027,622		$	4,391,740		14.5	%	$	4,781,106		$	4,677,485		$	4,243,435		10.2	%

Page 2 of 5

ORIENTAL FINANCIAL GROUP Financial Summary (NYSE: OFG)
		AS OF
		30-Sep-07			30-Sep-06		%			30-Jun-07			31-Dec-06
(Dollars in thousands)
BALANCE SHEET
Cash and cash equivalents
Cash and due from banks	$	12,331		$	14,734		-16.3	%	$	21,727		$	15,341
Money market investments		57,554			19,318		197.9	%		48,480			18,729
Total Cash and cash equivalents		69,885			34,052		105.2	%		70,207			34,070
Interest-earning assets:
Investments:
Short term investments		5,000			5,000		0.0	%		21,200			5,000
Trading securities		240			347		-30.8	%		548			243
Investment securities available-for-sale, at fair value with amortized cost of $2,832,329 (September 30, 2006 - $1,058,283; June 30, 2007 - -$1,940,707; December 31, 2006-$984,060)		2,829,171			1,004,407		181.7	%		1,906,328			974,960
Investment securities held-to-maturity, at amortized cost with fair value of $1,526,876 (September 30, 2006 - $2,141,020; June 30, 2007 - -$1,714,608; December 31, 2006-$1,931,720)		1,555,671			2,182,612		-28.7	%		1,764,585			1,967,477
Other investments		1,613			30,925		100.0	%		31,770			30,949
Federal Home Loan Bank (FHLB) stock, at cost		21,387			12,847		66.5	%		13,909			13,607
Total investments		4,413,082			3,236,138		36.4	%		3,738,340			2,992,236
Loans:
Mortgage loans		998,393			907,573		10.0	%		954,097			935,432
Commercial loans, mainly secured by real estate		159,477			234,429		-32.0	%		232,164			241,702
Consumer loans		30,008			38,406		-21.9	%		30,905			35,772
Loans receivable, gross		1,187,878			1,180,408		0.6	%		1,217,166			1,212,906
Less: Deferred loan fees, net		(2,927	)		(2,894	)	-1.1	%		(2,589	)		(3,123	)
Loans receivable		1,184,951			1,177,514		0.6	%		1,214,577			1,209,783
Allowance for loan losses		(9,055	)		(7,645	)	-18.4	%		(8,432	)		(8,016	)
Loans receivable, net		1,175,896			1,169,869		0.5	%		1,206,145			1,201,767
Mortgage loans held for sale		21,607			8,582		151.8	%		66,032			10,603
Total loans, net		1,197,503			1,178,451		1.6	%		1,272,177			1,212,370
Total interest-earning assets		5,610,585			4,414,589		27.1	%		5,010,517			4,204,606
Securities and loans sold but not yet delivered		45,866			87,487		-47.6	%		—			6,430
Accrued interest receivable		33,162			28,661		15.7	%		45,807			27,940
Premises and equipment, net		20,124			19,797		1.7	%		19,390			20,153
Deferred tax asset, net		14,136			12,698		11.3	%		18,005			14,150
Foreclosed real estate		4,349			3,825		13.7	%		4,971			4,864
Investment in equity indexed options		36,738			30,513		20.4	%		43,358			34,216
Investment in limited partnership		—			11,743		0.0	%		11,988			11,913
Prepaid expenses		3,214			2,678		20.0	%		3,504			2,152
Investment in Statutory Trusts		1,086			2,169		-49.9	%		1,086			1,086
Goodwill		2,006			2,006		0.0	%		2,006			2,006
Servicing asset		2,213			1,010		119.1	%		1,419			1,507
Accounts receivable and other assets		13,825			10,669		29.6	%		10,209			6,893
Total assets	$	5,857,189		$	4,661,897		25.6	%	$	5,242,467		$	4,371,986
Interest-bearing liabilities:
Deposits:
Demand deposits	$	110,172		$	136,717		-19.4	%	$	111,686		$	132,434
Savings accounts		338,128			213,042		58.7	%		326,124			266,184
Individual retirement accounts		314,851			334,022		-5.7	%		321,342			322,873
Wholesale certificates of deposit		297,988			419,077		-28.9	%		358,296			323,771
Retail certificates of deposit		208,566			190,584		9.4	%		212,214			187,726
Total deposits		1,269,705			1,293,442		-1.8	%		1,329,662			1,232,988

Page 3 of 5

ORIENTAL FINANCIAL GROUP Financial Summary (NYSE: OFG)
		AS OF
		30-Sep-07			30-Sep-06		%			30-Jun-07				31-Dec-06
(Dollars in thousands)
Borrowings:												��
Federal funds purchased and other short term borrowings		27,246			45,070		-39.5	%		24,641				13,568
Securities sold under agreements to repurchase		3,809,709			2,692,173		41.5	%		3,283,796				2,535,923
Advances from FHLB		348,114			165,494		110.3	%		180,895				182,489
Subordinated capital notes		36,083			72,166		-50.0	%		36,083				36,083
Term notes		—			15,000		0.0	%		—				15,000
Total borrowings		4,221,152			2,989,903		41.2	%		3,525,415				2,783,063
Total interest-bearing liabilities		5,490,857			4,283,345		28.2	%		4,855,077				4,016,051
Securities and loans purchased but not yet received		—			702		0.0	%		53,606				—
Accrued expenses and other liabilities		24,537			26,137		-6.1	%		20,309				19,509
Total liabilities		5,515,394			4,310,184		28.0	%		4,928,992				4,035,560
Preferred Equity		68,000			68,000		0.0	%		68,000				68,000
Common Equity:
Common stock		25,556			25,379		0.7	%		25,543				25,431
Additional paid-in capital		210,006			208,670		0.6	%		209,860				209,033
Legal surplus		39,298			37,523		4.7	%		38,312				36,245
Retained earnings		35,773			49,702		-28.0	%		32,883				26,772
Treasury stock, at cost		(17,042	)		(11,521	)	-47.9	%		(13,311	)			(12,956	)
Accumulated other comprehensive loss		(19,796	)		(26,040	)	24.0	%		(47,812	)			(16,099	)
Total common equity		273,795			283,713		-3.5	%		245,475				268,426
Stockholders’ equity		341,795			351,713		-2.8	%		313,475				336,426
Total liabilities and stockholders’ equity	$	5,857,189		$	4,661,897		25.6	%	$	5,242,467			$	4,371,986
CAPITAL RATIOS
Leverage Capital Ratio		6.79	%		8.96	%	-24.2	%		7.26	%			8.42	%
Minimum Leverage Capital Ratio Required		4.00	%		4.00	%	0.0	%		4.00	%			4.00	%
Actual Tier 1 Capital	$	385,661		$	427,401		-9.8	%	$	381,489			$	372,558
Minimum Tier 1 Capital Required	$	227,342		$	190,804		19.1	%	$	210,330			$	176,987
Tier 1 Risk-Based Capital Ratio		17.77	%		28.18	%	-36.9	%		19.83	%			21.57	%
Minimum Tier 1 Risk-Based Capital Ratio Required		4.00	%		4.00	%	0.0	%		4.00	%			4.00	%
Actual Tier 1 Risk-Based Capital	$	385,661		$	427,401		-9.8	%	$	381,489			$	372,558
Minimum Tier 1 Risk-Based Capital Required	$	86,817		$	60,667		43.1	%	$	76,956			$	67,830
Total Risk-Based Capital Ratio		18.19	%		28.68	%	-36.6	%		20.27	%			22.04	%
Minimum Total Risk-Based Capital Ratio Required		8.00	%		8.00	%	0.0	%		8.00	%			8.00	%
Actual Total Risk-Based Capital	$	394,716		$	435,046		-9.3	%	$	389,921			$	380,574
Minimum Total Risk-Based Capital Required	$	173,634		$	121,351		43.1	%	$	153,912			$	135,677
SELECTED FINANCIAL DATA AT PERIOD-END
Trust Assets Managed	$	1,927,409		$	1,942,694		-0.8	%	$	1,881,043			$	1,848,596
Broker-Dealer Assets Gathered		1,090,255			1,160,725		-6.1	%		1,088,336				1,143,668
Total Assets Managed		3,017,664			3,103,419		-2.8	%		2,969,379				2,992,264
Assets owned		5,857,189			4,661,897		25.6	%		5,242,467				4,371,986
Total financial assets managed and owned	$	8,874,853		$	7,765,316		14.3	%	$	8,211,846			$	7,364,250
Number of financial centers		24			24		0.0	%		24				25

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ORIENTAL FINANCIAL GROUP Financial Summary (NYSE: OFG)
		QUARTER ENDED											NINE-MONTH PERIOD ENDED
		30-Sep-07			30-Sep-06		%			30-Jun-07			30-Sep-07			30-Sep-06		%
(Dollars in thousands)
Loan Production and Purchases Summary:
Mortgage loans production	$	25,461		$	68,229		-62.7	%	$	35,368		$	111,766		$	202,270		-44.7	%
Mortgage loans purchased		52,563			5,636		832.6	%		44,107			101,242			191,078		-47.0	%
Total mortgage		78,024			73,865		5.6	%		79,475			213,008			393,348		-45.8	%
Commercial		6,454			14,543		-55.6	%		5,393			26,987			42,536		-36.6	%
Consumer		2,597			3,316		-21.7	%		1,501			5,731			14,332		-60.0	%
Total loan production and purchases	$	87,075		$	91,724		-5.1	%	$	86,369		$	245,726		$	450,216		-45.4	%
CREDIT DATA
Net credit losses (recoveries):
Mortgage	$	248		$	(24	)	1133.3	%	$	480		$	1,274		$	353		260.9	%
Commercial		248			(16	)	1650.0	%		1			241			121		99.2	%
Consumer		495			766		-35.4	%		508			1,510			1,429		5.7	%
Total net credit losses	$	991		$	726		36.5	%	$	989		$	3,025		$	1,903		59.0	%
Net credit losses to average loans outstanding		0.32	%		0.26	%	23.1	%		0.31	%		0.32	%		0.25	%	28.00	%
									AS OF
									30-Jun-07			30-Sep-07			30-Sep-06			%
Allowance for loan losses									$	8,432		$	9,055		$	7,645		18.4	%
Allowance coverage ratios:
Allowance for loan losses to total loans										0.66	%		0.75	%		0.64	%	17.3	%
Allowance for loan losses to non-performing loans										17.40	%		14.72	%		22.33	%	-34.1	%
Allowance for loan losses to non-residential non-performing loans										217.30	%		316.28	%		245.81	%	28.7	%
Non-performing assets summary:
Mortgage									$	46,626		$	58,664		$	31,120		88.5	%
Commercial, mainly real estate										2,799			2,257			2,608		-13.5	%
Consumer										670			606			502		20.8	%
Non-performing loans										50,095			61,527			34,230		79.7	%
Foreclosed properties										4,971			4,349			3,852		12.9	%
Non-performing assets									$	55,066		$	65,876		$	38,082		73.0	%
Non-performing loans to total loans										3.91	%		5.10	%		2.89	%	76.7	%
Non-performing loans to total assets										0.96	%		1.05	%		0.73	%	43.1	%
Non-performing assets to total assets										1.05	%		1.12	%		0.82	%	37.7	%
Non-performing assets to total capital										17.57	%		19.27	%		9.73	%	98.1	%

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