BankFinancial (BFIN) 8-K Filing of Quarterly Report on Form 10-Q

Exhibit 99.2

BANKFINANCIAL CORPORATION

SECOND QUARTER 2006

QUARTERLY FINANCIAL AND STATISTICAL SUPPLEMENT

FOR THE LATEST FIVE QUARTERS

BANKFINANCIAL CORPORATION

SELECTED QUARTERLY FINANCIAL AND STATISTICAL DATA

Latest Five Quarters

(Dollars in thousands; except per share) – (Unaudited)

PERFORMANCE MEASUREMENTS:

	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Return on assets (ratio of net income to average total assets)		0.69	%		0.78	%		0.74	%		0.92	%		0.68	%
Return on equity (ratio of net income to average equity)		3.43			3.82			3.58			4.56			9.12
Net interest rate spread		2.83			2.88			2.94			3.09			2.99
Net interest margin		3.61			3.60			3.63			3.67			3.20
Efficiency ratio		73.68			70.29			71.54			69.41			72.87
Noninterest expense to average total assets		2.95			2.87			2.93			2.83			2.55
Average interest-earning assets to average interest-bearing liabilities		132.60			132.66			134.70			132.39			111.42
Offices		18			16			16			16			16
Employees (full time equivalents)		468			443			451			449			429
SUMMARY INCOME STATEMENT:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Total interest income	$	23,683		$	22,292		$	21,191		$	20,785		$	20,143
Total interest expense		9,363			8,480			7,554			6,837			7,577
Net interest income before provision		14,320			13,812			13,637			13,948			12,566
Provision (credit) for loan losses		156			196			524			334			(264	)
Net interest income		14,164			13,616			13,113			13,614			12,830
Noninterest income		2,587			2,731			2,453			2,464			1,947
Noninterest expense		12,457			11,628			11,510			11,391			10,576
Income before income tax		4,294			4,719			4,056			4,687			4,201
Income tax expense		1,390			1,579			1,137			990			1,380
Net income	$	2,904		$	3,140		$	2,919		$	3,697		$	2,821
Earnings per common share	$	0.13		$	0.14		$	0.13		$	0.16			N.M.
N.M. = not meaningful
NONINTEREST INCOME AND EXPENSE:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Noninterest Income:
Deposit service charges and fees	$	1,117		$	917		$	986		$	1,090		$	952
Other fee income		482			461			490			463			449
Insurance commissions and annuities income		352			228			242			265			229
Gain on sales of loans		53			37			27			50			46
Gain on sales of investment securities		55			—			—			—			—
Gain on disposition of premises and equipment		1			393			—			—			—
Loan servicing fee income		237			244			249			257			262
Amortization and impairment of servicing assets		(146	)		(61	)		18			(73	)		(328	)
REO operations		(26	)		(5	)		—			(1	)		(3	)
Other		462			517			441			413			340
Total noninterest income	$	2,587		$	2,731		$	2,453		$	2,464		$	1,947
Noninterest Expense:
Compensation	$	7,875		$	7,668		$	7,398		$	7,335		$	6,557
Office occupancy		1,340			1,316			1,377			1,275			1,191
Advertising		389			165			216			177			238
Data processing		825			788			814			777			710
Supplies, telephone and postage		450			507			468			490			450
Amortization of intangibles		495			393			405			410			409
Other general & administrative		1,083			791			832			927			1,021
Total noninterest expenses	$	12,457		$	11,628		$	11,510		$	11,391		$	10,576

BANKFINANCIAL CORPORATION

SELECTED QUARTERLY FINANCIAL AND STATISTICAL DATA

Latest Five Quarters

(Dollars in thousands; except per share) – (Unaudited)

SUMMARY BALANCE SHEET:

	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
ASSETS:
Cash	$	31,475		$	31,059		$	34,437		$	28,016		$	26,035
Interest-bearing deposits and short-term investments		1,566			11,129			3,589			54,373			87,720
Securities available for sale, net		251,927			245,641			248,238			258,981			476,702
Loans held for sale		1,882			86			375			523			1,042
Loans receivable, net		1,280,365			1,261,820			1,231,891			1,135,709			1,100,119
Federal Home Loan Bank stock		18,911			25,434			25,434			25,197			24,889
Premises and equipment		35,206			32,182			32,819			32,810			33,008
Intangible assets		33,387			18,720			19,113			19,518			19,928
Other assets		16,911			17,050			18,540			17,953			17,280
Total assets	$	1,671,630		$	1,643,121		$	1,614,436		$	1,573,080		$	1,786,723
LIABILITIES AND EQUITY:
Deposits	$	1,137,664		$	1,053,411		$	1,067,874		$	1,044,242		$	1,230,945
Borrowings		175,349			236,251			191,388			181,252			213,775
Other liabilities		23,901			20,331			26,397			22,260			19,823
Total liabilities		1,336,914			1,309,993			1,285,659			1,247,754			1,464,543
Stockholders’ equity		334,716			333,128			328,777			325,326			322,180
Total liabilities and equity	$	1,671,630		$	1,643,121		$	1,614,436		$	1,573,080		$	1,786,723
CAPITAL RATIOS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
BankFinancial Corporation:
Equity to total assets (end of period)		20.02	%		20.27	%		20.36	%		20.68	%		18.03	%
Tangible equity to total assets (end of period)		18.39			19.36			19.41			19.68			17.11
BankFinancial FSB:
Risk-based total capital ratio		19.70			18.56			19.01			19.91			19.75
Risk-based tier 1 capital ratio		18.88			17.77			18.21			19.11			18.96
Tier 1 leverage ratio		14.33			13.83			13.82			13.96			12.05
COMMON STOCK AND DIVIDENDS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Stock Prices:
Close	$	17.30		$	15.92		$	14.68		$	14.20		$	13.33
High		17.30			16.41			14.91			15.00			13.86
Low		15.15			14.55			12.99			13.10			13.02
Cash dividends declared	$	0.06		$	0.06			—			—			—
DEPOSITS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Non-interest-bearing demand	$	136,046		$	105,251		$	117,443		$	109,022		$	281,227
Interest-bearing NOW		244,173			224,732			227,893			219,457			222,759
Money market		249,133			244,916			248,871			236,285			210,251
Savings		129,482			121,016			123,260			122,783			130,761
Certificates of deposit		378,830			357,496			350,407			356,695			385,947
Total deposits	$	1,137,664		$	1,053,411		$	1,067,874		$	1,044,242		$	1,230,945

BANKFINANCIAL CORPORATION

SELECTED QUARTERLY FINANCIAL AND STATISTICAL DATA

Latest Five Quarters

(Dollars in thousands; except per share) – (Unaudited)

LOANS:

	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
One- to four-family residential real estate	$	402,097		$	408,206		$	404,196		$	395,499		$	363,952
Multi-family mortgage loans		291,005			289,364			280,238			242,910			236,467
Nonresidential real estate		303,901			282,496			275,418			266,898			271,949
Construction and land loans		78,900			85,761			80,705			74,523			77,070
Commercial loans		76,070			69,702			68,988			64,527			62,977
Commercial leases		127,971			128,062			121,898			92,268			87,427
Consumer loans		4,019			2,041			2,022			1,975			2,391
Other loans (including municipal)		4,959			5,159			5,219			5,492			5,754
Total loans		1,288,922			1,270,791			1,238,684			1,144,092			1,107,987
Loans in process		934			174			2,180			193			604
Net deferred loan origination costs		2,478			2,563			2,541			2,355			2,124
Allowance for loan losses		(11,969	)		(11,708	)		(11,514	)		(10,931	)		(10,596	)
Loans, net	$	1,280,365		$	1,261,820		$	1,231,891		$	1,135,709		$	1,100,119
CREDIT QUALITY RATIOS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Nonperforming Loans and Assets:
Nonperforming loans	$	6,440		$	3,192		$	5,723		$	7,280		$	6,873
Real estate owned		55			56			153			—			—
Nonperforming assets	$	6,595		$	3,248		$	5,876		$	7,280		$	6,873
Asset Quality Ratios:
Nonperforming assets to total assets		0.39	%		0.20	%		0.36	%		0.46	%		0.38	%
Nonperforming loans to total loans		0.50			0.25			0.46			0.63			0.62
Allowance for loan losses to nonperforming loans		185.85			366.79			201.19			150.15			154.17
Allowance for loan losses to total loans		0.93			0.92			0.93			0.95			0.95
Net charge-off ratio		0.03			0.00			(0.02	)		0.00			0.03
ALLOWANCE FOR LOAN LOSSES:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Beginning balance	$	11,708		$	11,514		$	10,931		$	10,596		$	10,941
Allowance of acquired bank		212			—			—			—			—
Provision (credit) for loan losses		156			196			524			334			(264	)
Loans charged off		(107	)		(2	)		(29	)		(1	)		(82	)
Recoveries		—			—			88			2			1
Ending balance	$	11,969		$	11,708		$	11,514		$	10,931		$	10,596

BANKFINANCIAL CORPORATION

SELECTED QUARTERLY FINANCIAL AND STATISTICAL DATA

Latest Five Quarters

(Dollars in thousands; except per share) – (Unaudited)

SELECTED AVERAGE BALANCES:

	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Average total assets	$	1,688,410		$	1,618,258		$	1,573,867		$	1,607,277		$	1,661,506
Average earning assets		1,588,219			1,533,951			1,501,205			1,520,234			1,568,763
Average total loans		1,288,063			1,260,870			1,197,545			1,130,131			1,104,190
Average investment securities		293,301			270,944			291,478			362,141			411,386
Average other earning assets		6,855			2,137			12,182			27,962			53,187
Average interest-bearing deposits		1,006,818			932,918			931,895			957,240			1,161,106
Average total borrowings		190,935			223,359			182,613			191,076			246,861
Average interest-bearing liabilities		1,197,753			1,156,277			1,114,508			1,148,316			1,407,967
Average total stockholders’ equity		339,050			328,652			326,549			324,058			123,714
SELECTED YIELDS AND COST OF FUNDS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Average earning assets		5.96	%		5.81	%		5.65	%		5.47	%		5.14	%
Average total loans		6.36			6.21			6.07			6.02			5.78
Average investment securities		4.26			3.97			3.97			3.91			3.69
Average other earning assets		5.02			4.12			3.84			3.26			2.90
Average interest-bearing deposits		2.96			2.69			2.51			2.12			1.79
Average total borrowings		4.00			3.96			3.73			3.67			3.86
Average interest-bearing liabilities		3.13			2.93			2.71			2.38			2.15
Interest rate spread		2.83			2.88			2.94			3.09			2.99
Net interest margin		3.61			3.60			3.63			3.67			3.20
EARNINGS PER SHARE COMPUTATIONS:
	2006						2005
	IIQ			IQ			IVQ			IIIQ			IIQ
Net income	$	2,904		$	3,140		$	2,919		$	3,697		$	2,821
Less: net income before conversion		—			—			—			—			2,821
Net income available to common stockholders	$	2,904		$	3,140		$	2,919		$	3,697		$	—
Average common shares outstanding		24,466,250			24,466,250			24,466,250			24,466,250			N.M.
Less: unearned ESOP shares		(1,871,668	)		(1,896,134	)		(1,920,152	)		(1,935,652	)		N.M.
Weighted average common shares outstanding		22,594,582			22,570,116			22,546,098			22,530,598			N.M.
Earnings per common share	$	0.13		$	0.14		$	0.13		$	0.16			N.M.

N.M. = not meaningful

Note: Certain reclassifications have been made in the prior period’s financial statements and reflected in the Selected Quarterly Financial and Statistical Data tables to conform with the current period’s presentation.

The information and statistical data contained herein have been prepared by BankFinancial Corporation and have been derived or calculated from selected quarterly and period-end historical financial statements prepared in accordance with accounting principles generally accepted in the United States. BankFinancial Corporation is under no obligation to update, keep current or continue to provide the information contained herein. This information is provided solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or establish any business relationships with BankFinancial Corporation or any of its subsidiaries.