First Place Financial 8-K Results of Operations and Financial Condition

Exhibit 99.2

In addition to financial results presented in accordance with GAAP, the slides contained in this filing contain certain non-GAAP measures. We believe that providing certain non-GAAP financial information is useful for investors and can aid them in understanding the Company’s current performance, performance trends and financial condition. Specifically, we have provided financial measures which are based on core income rather than net income. Core income excludes merger, integration and restructuring expense, income or expense from discontinued operations and gains and losses that are not reflective of on-going operations or are not expected to recur. Reconciliation of non-GAAP to GAAP financial measures follow.

	Year ended June 30,
	2004			2003			2002			2001			2000
GAAP Net income	$	14,151		$	16,692		$	16,230		$	6,314		$	6,814
Merger, integration and restructuring costs, net of tax		1,414			—			—			2,072			448
Core Income	$	15,565		$	16,692		$	16,230		$	8,386		$	7,262
	Year ended June 30,
	2004			2003			2002			2001			2000
GAAP Fully diluted earnings per share	$	1.09		$	1.29		$	1.16		$	0.54		$	0.75
Merger, integration and restructuring costs, net of tax		0.11			—			—			0.18			0.05
Diluted Core earnings per share	$	1.20		$	1.29		$	1.16		$	0.72		$	0.80
	Year ended June 30,
	2004			2003			2002			2001			2000
GAAP Return on equity		7.46	%		9.23	%		8.54	%		3.70	%		4.80	%
Merger, integration and restructuring costs, net of tax		0.73	%		—			—			1.18	%		0.31	%
Core Return on equity		8.19	%		9.23	%		8.54	%		4.88	%		5.11	%