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

Exhibit 99.1

For Release: April 17, 2007	For Further Information:
	Steven R. Lewis, President & CEO
	Paul S. Musgrove, CFO
	(330) 373-1221

First Place Financial Corp. Reports Net Income of $6.5 Million for

Third Quarter Fiscal 2007, Up 2.2% over Prior Year

Third Quarter Dividend of $0.155 declared

Highlights

• Third quarter net income increased 2.2% to $6.5 million this year, up $0.2 million from $6.3 million for the same quarter last year.

• Net income for the first nine months of fiscal 2007 increased 7.9% to $20.0 million this fiscal year up $1.5 million from $18.5 million for the first nine months last fiscal year.

• Net interest margin increased to 3.15% for the quarter ended March 31, 2007 compared with 3.04% for the quarter ended December 31, 2006 due to favorable rates secured on long-term borrowings.

• Noninterest expense as a percent of average assets was 2.43% this quarter, down from 2.58% in the same quarter in the prior year.

• Commercial loans grew $42 million or at an annualized rate of 17.5% during the current quarter and have increased to 41.4% of total portfolio loans.

• The Board of Directors declared a quarterly cash dividend of $0.155 per share.

Summary

Warren, Ohio — April 17, 2007 — First Place Financial Corp. (Nasdaq: FPFC) reported net income of $6.5 million for the quarter ended March 31, 2007, compared with $6.3 million for the quarter ended March 31, 2006, an increase of 2.2%. Diluted earnings per share were $0.38 for the current quarter compared with $0.43 for the same quarter in the prior year, a decrease of $0.05 or 11.6%. Diluted earnings per share decreased while net income increased because First Place increased common shares outstanding by 2.3 million as a portion of the purchase price of Northern Savings as of June 27, 2006. Return on average equity for the current quarter was 8.02% compared with 10.30% for the same quarter in the prior year. Return on average tangible equity for the current quarter was 11.71% compared with 14.22% for the same quarter in the prior year.

Net income for the three months ended March 31, 2007, of $6.5 million was stable compared with $6.5 million for the preceding quarter ended December 31, 2006. Diluted earnings per share for the current quarter of $0.38 were also stable compared with $0.38 for the preceding quarter. Return on average assets for the current quarter decreased to 0.85% from 0.86% for the preceding quarter. Return on average equity declined to 8.02% for the current quarter compared with 8.06% for the preceding quarter.

For the nine months ended March 31, 2007, the Company reported net income of $20.0 million compared with $18.5 million for the same period in the prior year, or an increase of 7.9%. Diluted earnings per share were $1.16 for the first nine months of fiscal 2007 compared with $1.25 for the same period in the prior year, or a decline of 7.2%. Return on average assets and return on average equity for the nine months ended March 31, 2007 were 0.87% and 8.29% respectively, down from 0.96% and 10.13% for the nine months ended March 31, 2006.

Commenting on these results, Steven R. Lewis, President and CEO, stated, “The current quarter presented significant challenges in the form of a continued inverted yield curve and increasing nonperforming loans. We are very pleased to be able to announce an increase of 2.2% in net income for the quarter over the prior year quarter in spite of these challenges. We have taken advantage of historically low long–term interest rates by funding this quarter’s growth with long-term borrowings which has resulted in an 11 basis point increase in net interest margin from the quarter ended December 31, 2006. At the same time we provided an addition to our allowance for loan losses equal to 142% of net charge-offs resulting in an increase in the allowance for loan losses as a percent of total loans to 0.98%.”

Revenue

Net interest income for the third quarter of fiscal 2007 was $21.5 million, an increase of 12.8% over the third quarter of fiscal 2006. This increase was the net result of the benefit of a 15.7% increase in average earning assets in the current quarter compared with the same quarter in the prior year, partially offset by a decline in the net interest margin to 3.15% from 3.17% over the same periods. The increase in average earning assets was primarily due to the acquisition of Northern Savings on June 27, 2006. The net interest margin for the current quarter is down 0.02% from the third quarter of fiscal 2006 and up 0.11% from the preceding quarter. The decrease from the same period in the prior year is the result of experiencing an inverted yield curve for the entire nine months of the current fiscal year. The increase in the current quarter compared with the preceding quarter is the result of a shift in the mix of interest-bearing assets and liabilities to include more commercial loans and long-term borrowings and less residential loans, investments and short-term retail certificates of deposit. Steven Lewis stated, “Since the yield curve is inverted we made a conscious effort this quarter to decrease our short-term certificates of deposit, particularly from wholesale sources, and fund that decrease and our asset growth with $50 million of new long-term borrowings at an average rate of 4.17%. This financing has had an immediate positive impact on our borrowing costs while also providing long-term financing at historically low rates. Between September 2006 and March 2007 we have been able to secure $120 million in long-term borrowings at an average savings of 110 basis points compared with overnight borrowing rates.”

Noninterest income for the third quarter of fiscal 2007 was $7.8 million, a decrease of $0.1 million or 1.5% compared with the same period in the prior year. Noninterest income for the prior year included a $1.6 million gain on the sale of loan servicing rights and a $0.9 million loss on the sale of securities. Both types of sales occur intermittently and there were no similar sales in the current year quarter. Service charges and other income—non-bank increased $0.1 million and $0.3 million respectively over prior year levels.

Net gains on sale of loans were $1.8 million for the quarter ended March 31, 2007, a $0.4 million or 27.5% increase from the quarter ended March 31, 2006. The volume of loans sold in the current quarter of $200 million was down from $220 million sold in the same quarter in the prior year. However, higher margins on the sale of loans more than offset the decline in volume. Both the volume of loans sold in the current quarter of $200 million and the gain on the sale of loans of $1.8 million were higher than loan sales of $197 million and loan gains of $1.6 million in the preceding quarter. Steve Lewis added, “Our residential loan production remained stable this quarter while many lenders experienced a seasonal slowdown. We are excited to have our newly acquired Indianapolis residential loan production office operating. Despite operating only one month during the quarter, they were able to contribute $12 million in loan closings during the quarter. We anticipate that they will make a significant contribution to our residential loan originations going forward.”

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Noninterest Expense

Noninterest expense for the third quarter of fiscal year 2007 was $18.4 million, an increase of $1.6 million or 9.8% compared with the third quarter of fiscal year 2006. This was the result of the net impact of increases in salaries, employee benefits, occupancy and intangible amortization expenses related to the six retail sales offices added as a result of the Northern Savings acquisition. Noninterest expense as a percent of average assets was 2.43% for the quarter ended March 31, 2007, down from 2.58% for the same quarter in the prior year.

Asset Quality

Nonperforming assets were $32.7 million at March 31, 2007, or 1.06% of total assets, up $3.3 million from $29.4 million or 0.96% of total assets at December 31, 2006. The increase in nonperforming assets was due to a $1.4 million increase in real estate owned and a $1.9 million increase in nonperforming loans. Nonperforming loans were $27.6 million at March 31, 2007, compared with $25.7 million at December 31, 2006. The increase in nonperforming loans was composed of $1.1 million of commercial loans, $0.4 million of mortgage and construction loans and $0.4 million of consumer loans. Of the total nonperforming loans at March 31, 2007, 91% were secured by real estate. Real estate loans are generally well secured and if these loans do default, the actual losses are often only a fraction of the total loan amount. Net charge-offs for the quarter ended March 31, 2007 were $1.0 million compared with $0.8 million for the quarter ended December 31, 2006. The provision for loan losses for the current quarter was $1.4 million up $15,000 from the preceding quarter and up $412,000 from the same quarter in the prior year. The provision of $1.4 million in the current quarter was $0.4 million or 42% higher than net charge-offs in the current quarter of $1.0 million. The allowance for loan losses increased $0.4 million to $23.8 million at March 31, 2007, from $23.4 million at December 31, 2006. The ratio of the allowance for loan losses to total loans was 0.98% at March 31, 2007, up from 0.97% at December 31, 2006 and up from 0.95% at June 30, 2006. The increase in the provision and the allowance over prior periods are consistent with the increase in nonperforming loans.

Steven Lewis commented, “While we are concerned with the recent increase in nonperforming loans and are aggressively pursuing collection of these loans we recognize that our experience is not unique and is consistent with national and regional credit quality trends.”

Balance Sheet Activity

Assets were $3.095 billion at March 31, 2007, compared with $3.074 billion at December 31, 2006 and $3.113 billion at June 30, 2006. During the first quarter of fiscal 2007 First Place sold $98 million of loans held for sale and $16 million of securities available for sale acquired with Northern Savings. All of these assets were fixed rate assets and were sold primarily to achieve management’s interest rate risk objectives. Since that time assets have grown as new loans were generated to replace the loans that were sold. Total portfolio loans were $2.421 billion at March 31, 2007, a decrease of $2 million from December 31, 2006. Commercial loans increased $42 million during the current quarter, or 17.5% annualized, to $1.002 billion. Commercial loans now account for 41.4% of the loan portfolio up from 39.6% at December 31, 2006. Mortgage and construction loans decreased $43 million during the current quarter, and consumer loans decreased $1 million during the current quarter.

Deposits totaled $2.104 billion at March 31, 2007, a decrease of $32 million since December 31, 2006. This decrease was composed of a $3 million decrease in nonmaturity retail deposits, a $9 million decrease in retail certificates of deposit and a $20 million decrease in wholesale certificates of deposit. Total borrowings increased $43 million to $622 million at March 31, 2007, compared with December 31, 2006. That increase was primarily due to $50 million of new long-term borrowings at an average rate of 4.17%. These borrowings, which funded the asset growth and the reduction in certificates of deposit, resulted in an immediate positive impact on liability funding costs and have stabilized liability costs over the longer term at historically low rates. Asset growth during the quarter and replacement of maturing certificates of deposit were funded by long term borrowings to reduce current interest expense and because these borrowings were at historically low rates.

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Steven Lewis noted, “During this past quarter, we were successful in concentrating our asset growth in commercial loans which typically carry higher rates of interest than other types of loans or investments. At the same time we were able to improve our funding mix by concentrating our liability growth in long-term borrowings which currently carry lower interest rates than certificates of deposit. These actions have had a positive impact on our net interest margin in the short run and will reduce our exposure to rising interest rates in the long run.”

Shareholders’ equity remains strong; it was $330 million at March 31, 2007, up $6 million from December 31, 2006 primarily due to net income during the quarter. Shareholders equity as a percent of assets was 10.67% at March 31, 2007, up from 10.55% at December 31, 2006 and up from 10.01% at June 30, 2006. Tangible equity to assets increased to 7.60% at March 31, 2007 from 7.44% at December 31, 2006 and up from 6.85% at June 30, 2006. During the quarter ended March 31, 2007, First Place purchased 55,046 treasury shares at an average price of $21.29 per share. In addition, on March 20, 2007 the board of directors reauthorized the stock repurchase program for one year for up to 800,000 shares.

Purchase of Branches

On December 18, 2006 First Place announced that it had signed a definitive agreement with Republic Bank and Citizens Banking Corporation to acquire seven Republic Bank branches in the greater Flint, Michigan area. Based on the information available at that time, the transaction would result in First Place Bank assuming approximately $210 million in deposits, and receiving $30 million in fixed assets and consumer loans and $170 million in cash. The transaction is expected to close during the second calendar quarter of 2007 and be immediately accretive to earnings excluding the impact of one-time acquisition costs.

Board Actions

At its regular meeting held April 17, 2007, the Board of Directors declared a per share cash dividend of $0.155 payable on May 10, 2007, to shareholders of record as of the close of business on April 26, 2007.

About First Place Financial Corp.

First Place Financial Corp., a $3.1 billion financial services holding company based in Warren, Ohio, is the largest publicly-traded thrift headquartered in Ohio. First Place Financial Corp. operates 34 retail locations, 2 business financial service centers and 15 loan production offices through the First Place Bank, and Franklin Bank divisions of First Place Bank. Additional affiliates of First Place Financial Corp. include First Place Insurance Agency, Ltd.; Coldwell Banker First Place Real Estate, Ltd.; TitleWorks Agency, LLC and APB Financial Group, Ltd., an employee benefit consulting firm and specialist in wealth management services for businesses and consumers. Information about First Place Financial Corp. may be found on the Company’s web site:www.firstplacebank.com.

Explanation of Certain Non-GAAP Measures

This press release contains certain financial information determined by methods other than in accordance with Generally Accepted Accounting Principles (GAAP). Specifically, we have provided financial measures that are based on core earnings rather than net income. Ratios and other financial measures with the word “core” in their title were computed using core earnings rather than net income. Core earnings excludes merger, integration and restructuring expense; extraordinary income or expense; income or expense from discontinued operations; and income, expense, gains and losses that are not reflective of ongoing operations or that we do not expect to reoccur. Similarly, core noninterest expense or core noninterest income exclude the pretax impact of those same items that impact noninterest income or noninterest expense. We believe that this information is useful to both investors and to management and can aid them in understanding the Company’s current performance, performance trends and financial condition. While core earnings can be useful in evaluating current performance

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and projecting current trends into the future, we do not believe that core earnings are a substitute for GAAP net income. We encourage investors and others to use core earnings as a supplemental tool for analysis and not as a substitute for GAAP net income. Our non-GAAP measures may not be comparable to the non-GAAP measures of other companies. In addition, future results of operations may include nonrecurring items that would not be included in core earnings. A reconciliation from GAAP net income to the non-GAAP measure of core earnings is shown in the consolidated financial highlights on page eight.

Forward-Looking Statements

When used in this press release, or future press releases or other public or shareholder communications, in filings by First Place Financial Corp. (the Company) with the Securities and Exchange Commission or in oral statements made with the approval of an authorized executive officer, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the Company’s actual results to be materially different from those indicated. Such statements are subject to certain risks and uncertainties including changes in economic conditions in the market areas the Company conducts business, which could materially impact credit quality trends, changes in laws, regulations or policies of regulatory agencies, fluctuations in interest rates, demand for loans in the market areas the Company conducts business, and competition, that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

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FIRST PLACE FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three months ended March 31,							Nine months ended March 31,
						Percent							Percent
(Dollars in thousands, except share data)	2007		2006			Change		2007		2006			Change
Interest income	$	46,406	$	37,547		23.6	%	$	138,725	$	108,868		27.4	%
Interest expense		24,889		18,467		34.8			73,574		50,705		45.1
Net interest income		21,517		19,080		12.8			65,151		58,163		12.0
Provision for loan losses		1,425		1,013		40.7			4,215		3,558		18.5
Net interest income after provision for loan losses		20,092		18,067		11.2			60,936		54,605		11.6
Noninterest income
Service charges		1,433		1,340		6.9			4,449		4,078		9.1
Net gains (losses) on sale of securities		—		(945	)	(100.0	)		84		(945	)	(108.9	)
Net gains on sale of loans		1,774		1,391		27.5			5,503		4,726		16.4
Gain on sale of loan servicing rights		—		1,551		(100.0	)		—		1,551		(100.0	)
Loan servicing income		482		723		(33.3	)		953		1,081		(11.8	)
Other income – bank		1,638		1,651		(0.8	)		5,380		5,273		2.0
Other income – non-bank		2,460		2,193		12.2			6,834		5,849		16.8
Total noninterest income		7,787		7,904		(1.5	)		23,203		21,613		7.4
Noninterest expense
Salaries and employee benefits		9,554		8,282		15.4			27,326		24,565		11.2
Occupancy and equipment		2,846		2,465		15.5			8,588		7,346		16.9
Professional fees		713		693		2.9			2,158		2,133		1.2
Loan expenses		295		687		(57.1	)		1,632		1,939		(15.8	)
Marketing		453		437		3.7			1,749		1,599		9.4
Franchise taxes		298		598		(50.2	)		788		926		(14.9	)
Amortization of intangible assets		1,058		900		17.6			3,203		2,769		15.7
Other		3,179		2,687		18.3			9,310		8,073		15.3
Total noninterest expense		18,396		16,749		9.8			54,754		49,350		10.9
Income before income taxes		9,484		9,222		2.8			29,385		26,868		9.4
Provision for income taxes		3,016		2,896		4.1			9,386		8,329		12.7
Net income	$	6,467	$	6,326		2.2	%	$	19,999	$	18,539		7.9	%
SHARE DATA:
Basic earnings per share	$	0.38	$	0.43		(11.6	)%	$	1.18	$	1.28		(7.8	)%
Diluted earnings per share	$	0.38	$	0.43		(11.6	)	$	1.16	$	1.25		(7.2	)
Cash dividends per share	$	0.155	$	0.14		10.7		$	0.465	$	0.42		10.7
Average shares outstanding - basic		17,006,416		14,564,744		16.8			16,961,642		14,518,735		16.8
Average shares outstanding - diluted		17,214,117		14,841,213		16.0			17,194,556		14,777,870		16.4

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FIRST PLACE FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

(Dollars in thousands)	Mar 31, 2007		Dec 31, 2006		Sept 30, 2006		June 30, 2006		Mar 31, 2006
	(Unaudited)		(Unaudited)		(Unaudited)				(Unaudited)
ASSETS
Cash and due from banks	$	57,177	$	75,946	$	73,736	$	72,906	$	60,513
Interest-bearing deposits in other banks		1,273		84		79		4,605		4,600
Securities available for sale		267,305		267,613		271,506		302,994		266,170
Loans held for sale		109,079		75,572		76,541		154,799		59,015
Loans
Mortgage and construction		1,059,526		1,102,648		1,112,827		1,123,911		916,479
Commercial		1,001,661		959,678		887,183		856,129		789,992
Consumer		360,103		361,082		360,157		370,744		358,004
Total loans		2,421,290		2,423,408		2,360,167		2,350,784		2,064,475
Less allowance for loan losses		23,844		23,425		22,819		22,319		20,170
Loans, net		2,397,446		2,399,983		2,337,348		2,328,465		2,044,305
Federal Home Loan Bank stock		33,209		33,209		32,946		32,616		27,518
Premises and equipment, net		41,535		38,690		37,498		35,485		25,428
Goodwill		88,296		88,046		88,046		88,009		56,207
Core deposit and other intangibles		14,429		15,260		16,323		17,405		12,525
Other assets		85,648		79,849		78,209		75,926		90,874
Total assets	$	3,095,397	$	3,074,252	$	3,012,232	$	3,113,210	$	2,647,155
LIABILITIES
Deposits
Non-interest bearing checking	$	229,179	$	234,576	$	214,067	$	224,738	$	223,647
Interest bearing checking		141,355		146,878		136,063		140,752		117,586
Savings		327,236		307,581		274,547		242,178		205,284
Money market		453,673		464,999		465,898		511,482		442,061
Certificates of deposit		952,615		982,050		986,350		941,597		759,784
Total deposits		2,104,058		2,136,084		2,076,925		2,060,747		1,748,362
Securities sold under agreements to repurchase		92,181		67,325		51,533		44,013		39,911
Borrowings		468,258		450,522		466,633		603,906		515,016
Junior subordinated debentures owed to unconsolidated subsidiary trusts		61,857		61,857		61,857		61,857		61,857
Other liabilities		38,896		34,069		36,228		31,113		29,992
Total liabilities		2,765,250		2,749,857		2,693,176		2,801,636		2,395,138
SHAREHOLDERS’ EQUITY		330,147		324,395		319,056		311,574		252,017
Total liabilities and shareholders’ equity	$	3,095,397	$	3,074,252	$	3,012,232	$	3,113,210	$	2,647,155

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FIRST PLACE FINANCIAL CORP.

CONSOLIDATED FINANCIAL HIGHLIGHTS

(Unaudited)

	As of or for the three months ended
(Dollars in thousands except per share data)	3/31/07 3rd Qtr			12/31/06 2nd Qtr		9/30/06 1st Qtr		6/30/06 4th Qtr		3/31/06 3rd Qtr		As of or for the Nine months ended March 31,
	FY 2007			FY 2007		FY 2007		FY 2006		FY 2006		2007		2006
EARNINGS (GAAP)
Tax equivalent net interest income	$	21,875		21,276		23,089		20,565		19,305		66,240		58,831
Net interest income	$	21,517		20,902		22,732		20,251		19,080		65,151		58,163
Provision for loan losses	$	1,425		1,410		1,380		2,317		1,013		4,215		3,558
Noninterest income	$	7,787		7,508		7,908		7,372		7,904		23,203		21,613
Noninterest expense	$	18,396		17,425		18,933		18,800		16,749		54,754		49,350
Net income	$	6,467		6,530		7,002		4,505		6,326		19,999		18,539
Basic earnings per share	$	0.38		0.39		0.41		0.31		0.43		1.18		1.28
Diluted earnings per share	$	0.38		0.38		0.41		0.30		0.43		1.16		1.25
PERFORMANCE RATIOS(annualized) (GAAP)
Return on average assets		0.85	%	0.86	%	0.90	%	0.67	%	0.98	%	0.87	%	0.96	%
Return on average equity		8.02	%	8.06	%	8.78	%	7.02	%	10.30	%	8.29	%	10.13	%
Return on average tangible assets		0.88	%	0.89	%	0.93	%	0.69	%	1.00	%	0.90	%	0.98	%
Return on average tangible equity		11.71	%	11.90	%	13.13	%	9.64	%	14.22	%	12.24	%	14.15	%
Net interest margin, fully tax equivalent		3.15	%	3.04	%	3.24	%	3.29	%	3.17	%	3.12	%	3.28	%
Efficiency ratio		62.02	%	60.54	%	61.08	%	67.29	%	61.56	%	61.22	%	61.35	%
Noninterest expense as a percent of average assets		2.43	%	2.29	%	2.42	%	2.79	%	2.58	%	2.38	%	2.55	%
RECONCILIATION OF NET INCOME TO CORE EARNINGS
GAAP net income	$	6,467		6,530		7,002		4,505		6,326		19,999		18,539
Merger, integration and restructuring, net of tax	$	—		—		—		1,413		—		—		—
Core earnings	$	6,467		6,530		7,002		5,918		6,326		19,999		18,539
CORE EARNINGS
Core earnings	$	6,467		6,530		7,002		5,918		6,326		19,999		18,539
Basic core earnings per share	$	0.38		0.39		0.41		0.40		0.43		1.18		1.28
Core diluted earnings per share	$	0.38		0.38		0.41		0.40		0.43		1.16		1.25
CORE PERFORMANCE RATIOS(annualized)
Core return on average assets		0.85	%	0.86	%	0.90	%	0.88	%	0.98	%	0.87	%	0.96	%
Core return on average equity		8.02	%	8.06	%	8.78	%	9.22	%	10.30	%	8.29	%	10.13	%
Core return on average tangible assets		0.88	%	0.89	%	0.93	%	0.90	%	1.00	%	0.90	%	0.98	%
Core return on average tangible equity		11.71	%	11.90	%	13.13	%	12.66	%	14.22	%	12.24	%	14.15	%
Core net interest margin, fully tax equivalent		3.15	%	3.04	%	3.24	%	3.29	%	3.17	%	3.12	%	3.28	%
Core efficiency ratio		62.02	%	60.54	%	61.08	%	59.52	%	61.56	%	61.22	%	61.35	%
Core noninterest expense as a percent of average assets		2.43	%	2.29	%	2.42	%	2.47	%	2.58	%	2.38	%	2.55	%

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FIRST PLACE FINANCIAL CORP.

CONSOLIDATED FINANCIAL HIGHLIGHTS

(Unaudited)

		As of or for the three months ended
(Dollars in thousands except per share data)		3/31/07 3rd Qtr			12/31/06 2nd Qtr		9/30/06 1st Qtr		6/30/06 4th Qtr		3/31/06 3rd Qtr		As of or for the Nine months ended March 31,
		FY 2007			FY 2007		FY 2007		FY 2006		FY 2006		2007		2006
CAPITAL
Equity to total assets at end of period			10.67	%	10.55	%	10.59	%	10.01	%	9.52	%	10.67	%	9.52	%
Tangible equity to tangible assets			7.60	%	7.44	%	7.38	%	6.85	%	7.11	%	7.60	%	7.11	%
Book value per share		$	18.88		18.57		18.28		17.87		16.65		18.88		16.65
Tangible book value per share		$	13.01		12.66		12.30		11.83		12.11		13.01		12.11
Period-end market value per share		$	21.45		23.49		22.66		23.01		24.80		21.45		24.80
Dividends declared per common share		$	0.155		0.155		0.14		0.14		0.14		0.45		0.42
Common stock dividend payout ratio			40.79	%	40.79	%	34.15	%	46.67	%	32.56	%	38.79	%	33.60	%
Period-end common shares outstanding (000)			17,486		17,470		17,456		17,433		15,136		17,486		15,136
Average basic shares outstanding (000)			17,006		16,959		16,921		14,704		14,565		16,961		14,519
Average diluted shares outstanding (000)			17,214		17,209		17,163		14,950		14,841		17,195		14,778
ASSET QUALITY
Net charge-offs (recoveries)		$	1,006		805		879		694		460		2,690		1,655
Annualized net charge-offs (recoveries) to average loans			0.17	%	0.13	%	0.15	%	0.13	%	0.09	%	0.15	%	0.11	%
Nonperforming loans (NPLs)		$	27,630		25,702		22,284		16,771		16,117		27,630		16,117
NPLs as a percent of total loans			1.14	%	1.06	%	0.94	%	0.71	%	0.78	%	1.14	%	0.78	%
Nonperforming assets (NPAs)		$	32,732		29,439		26,184		20,695		19,940		32,732		19,940
NPAs as a percent of total assets			1.06	%	0.96	%	0.87	%	0.66	%	0.75	%	1.06	%	0.75	%
Allowance for loan losses		$	23,844		23,425		22,819		22,319		20,170		23,844		20,170
Allowance for loan losses as a percent of loans			0.98	%	0.97	%	0.97	%	0.95	%	0.98	%	0.98	%	0.98	%
Allowance for loan losses as a percent of NPLs			86.30	%	91.14	%	102.40	%	133.08	%	125.15	%	86.30	%	125.15	%
MORTGAGE BANKING
Mortgage originations		$	233,200		234,100		296,600		329,600		270,400		763,900		1,029,400
Net gains on sale of loans		$	1,774		1,622		2,107		1,196		1,391		5,503		4,726
Mortgage servicing portfolio		$	2,035,437		1,972,502		1,882,029		1,627,595		1,485,629		2,035,437		1,485,629
Mortgage servicing rights		$	20,092		19,497		18,882		16,167		14,759		20,092		14,759
Mortgage servicing rights valuation (loss) recovery		$	76		(55	)	20		(95	)	257		41		611
Mortgage servicing rights / Mortgage servicing portfolio			0.99	%	0.99	%	1.00	%	0.99	%	0.99	%	0.99	%	0.99	%
END OF PERIOD BALANCES	��
Assets		$	3,095,397		3,074,252		3,012,232		3,113,210		2,647,155		3,095,397		2,647,155
Deposits		$	2,104,058		2,136,084		2,076,925		2,060,747		1,748,362		2,104,058		1,748,362
Shareholders’ equity		$	330,147		324,395		319,056		311,574		252,017		330,147		252,017
Tangible shareholders’ equity		$	227,422		221,089		214,687		206,160		183,285		227,422		183,285
AVERAGE BALANCES
Loans		$	2,439,627		2,428,262		2,370,173		2,115,447		2,036,257		2,412,491		1,945,680
Loans held for sale		$	81,204		68,984		170,416		71,541		84,698		107,056		123,949
Earning assets		$	2,819,160		2,799,368		2,853,699		2,497,241		2,436,108		2,824,112		2,390,092
Assets		$	3,067,951		3,023,710		3,097,857		2,703,370		2,630,097		3,063,138		2,582,662
Deposits		$	2,095,705		2,118,827		2,063,538		1,784,940		1,738,856		2,092,668		1,746,798
Shareholders’ equity		$	326,873		321,456		316,455		257,467		249,155		321,556		243,799
Tangible shareholders’ equity		$	223,944		217,641		211,538		187,522		180,362		217,662		174,541

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