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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>UNITED
      STATES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C.&#160; 20549</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Pursuant
      to Section&#160;13 or 15(d) of the</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Securities
      Exchange Act of 1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Date
      of Report (Date of earliest event reported):&#160; February 14,
      2006</strong></font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>B
      of I HOLDING, INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      name of registrant as specified in its charter)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Delaware</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or other jurisdiction of</font></div>
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                File Number)</font></div>
            </td>
            <td valign="top" width="33%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer Identification</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Number)</font></div>
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    <div>
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            <td valign="top" width="39%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>12777
                High Bluff Drive, Suite 100, San Diego, CA </strong></font></div>
            </td>
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                of principal executive offices)</font></div>
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            <td valign="top" width="39%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Zip
                Code)</font></div>
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      telephone number, including area code</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>:
      (858) 350-6200</strong></font><font style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: Times New Roman, serif"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
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      Applicable</strong></font></div>
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      name or former address, if changed since last report.)</font></div>
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      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: Times New Roman, serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: Times New Roman, serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: Times New Roman, serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 3pt; FONT-FAMILY: Times New Roman, serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
      7.01: Regulation FD Disclosure</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURE</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div id="HDR">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      7.01 Regulation FD Disclosure.</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">BofI
      Holding, Inc. (the &#8220;Registrant&#8221;) is presenting a slide show at American
      Community Banker&#8217;s Conference - Palace Hotel, San Francisco, CA on February 22,
      2006 at 11:00 AM. A copy of the information in the slide show is attached below
      and is incorporated herein by reference. This Form 8-K and the information
      attached below shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of
      the Securities Exchange Act of 1934, as amended (&#8220;Exchange Act&#8221;), nor shall it
      be incorporated by reference into a filing under the Securities Act of 1933,
      as
      amended (&#8220;Securities Act&#8221;), or the Exchange Act, except as expressly set forth
      by specific reference in such a filing. The furnishing of the information in
      this report is not intended to, and does not, constitute a determination or
      admission by the Registrant that the information in this report is material
      or
      complete, or that investors should consider this information before making
      an
      investment decision with respect to any security of the Registrant or any of
      its
      affiliates. The information in the materials is presented as of February 8,
      2006, and the Registrant does not assume any obligation to update such
      information in the future.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Safe
      Harbor Statement </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Statements
      contained in the slide show presentation that state expectations or predictions
      about the future are forward-looking statements intended to be covered by the
      safe harbor provisions of the Securities Act and the Exchange Act. The
      Registrant&#8217;s actual results could differ materially from those projected in such
      forward-looking statements. Factors that could affect those results include
      &#8220;Risk Factors&#8221; and the other factors appearing in the documents that the
      Registrant has filed with the Securities and Exchange Commission. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Set
      forth
      below, are the presentation materials:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img001.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 674px; PADDING-TOP: 0in; POSITION: absolute; TOP: 406px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #ffffff; FONT-FAMILY: Arial">American
        Community
        Bankers &#8211; Palace Hotel, San Francisco CA </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 674px; PADDING-TOP: 0in; POSITION: absolute; TOP: 438px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #ffffff; FONT-FAMILY: Arial">11:00-11:30AM
        on
        Wednesday February 22 nd in the Presidio room</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img002.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Safe
        Harbor</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 722px; PADDING-TOP: 0in; POSITION: absolute; TOP: 107px; HEIGHT: 343px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; FONT-FAMILY: 'Times New Roman'">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 26px; COLOR: #000468; FONT-FAMILY: Arial">Statements
        contained
        in the slide show presentation <br>that state expectations or predictions about
        the future <br>are forward-looking statements intended to be <br>covered by the
        safe harbor provisions of the Securities <br>Act and the Exchange Act. The
        Registrant&#8217;s actual <br>results could differ materially from those projected in
<br>such forward-looking statements. Factors that could <br>affect those results
        include &#8220;Risk Factors&#8221; and the <br>other factors appearing in the documents that
        the <br>Registrant has filed with the Securities and Exchange
<br>Commission.</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>2</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img003.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 458px; PADDING-TOP: 0in; POSITION: absolute; TOP: 28px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Equity
        Snapshot</font><font style="FONT-SIZE: 7px; COLOR: #ffffff; FONT-FAMILY: 'Times New Roman'"><strong>&#160;</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 143px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Exchange/Symbol:</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>NASDAQ/BOFI</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 180px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Price
        (2/8/2006):</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>$7.15</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 214px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Shares
        Outstanding:</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>8.38
        M</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 251px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Market
        Capitalization:</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>$60.0
        M</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 285px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>BV
        Per Share
        (mrq)</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>$</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>7.61</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 356px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Price/Book
        (2/8/06 price/mrq) :</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;
        </strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>.</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>94</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 319px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Total
        Assets
        (mrq):</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>$681.5
        M</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 106px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Publicly
        traded since:</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>March
        15,
        2005</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 668px; PADDING-TOP: 0in; POSITION: absolute; TOP: 395px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>Price/Earnings
        (2/8/06 price/ttm)</strong></font><font style="FONT-SIZE: 7px; COLOR: #000066; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 24px; COLOR: #000066; FONT-FAMILY: Arial"><strong>18</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>.82X</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>3</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img004.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 476px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Corporate
        Overview</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 36px; PADDING-BOTTOM: 0in; WIDTH: 632px; PADDING-TOP: 0in; POSITION: absolute; TOP: 179px; HEIGHT: 33px; TEXT-ALIGN: center"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">To
        be the premier
        low-cost operator in the </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 36px; PADDING-BOTTOM: 0in; WIDTH: 632px; PADDING-TOP: 0in; POSITION: absolute; TOP: 220px; HEIGHT: 33px; TEXT-ALIGN: center"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">consumer
        financial
        services industry</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 18px; PADDING-BOTTOM: 0in; WIDTH: 662px; PADDING-TOP: 0in; POSITION: absolute; TOP: 119px; HEIGHT: 28px; TEXT-ALIGN: center"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>MISSION
        STATEMENT</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 332px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Federally
        charted
        savings bank </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 48px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Regulated
        by the
        Office of Thrift <br>Supervision </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 414px; HEIGHT: 48px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Deposits
        insured by
        the Federal <br>Deposit Insurance Corporation</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 456px; PADDING-BOTTOM: 0in; WIDTH: 206px; PADDING-TOP: 0in; POSITION: absolute; TOP: 349px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>BofI
        Holding, Inc.</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 552px; PADDING-BOTTOM: 0in; WIDTH: 182px; PADDING-TOP: 0in; POSITION: absolute; TOP: 420px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>BofI
        Trust 1
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 552px; PADDING-BOTTOM: 0in; WIDTH: 182px; PADDING-TOP: 0in; POSITION: absolute; TOP: 437px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>(Trust
        Preferred)</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 390px; PADDING-BOTTOM: 0in; WIDTH: 182px; PADDING-TOP: 0in; POSITION: absolute; TOP: 420px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>Bank
        of
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 390px; PADDING-BOTTOM: 0in; WIDTH: 182px; PADDING-TOP: 0in; POSITION: absolute; TOP: 437px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>Internet
        USA</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 24px; PADDING-BOTTOM: 0in; WIDTH: 662px; PADDING-TOP: 0in; POSITION: absolute; TOP: 281px; HEIGHT: 28px; TEXT-ALIGN: center"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>BANK</strong></font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><strong>OF
        INTERNET
        USA</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>4</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img005.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Investment
        Highlights</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 95px; HEIGHT: 64px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">The
        Internet creates
        an opportunity for a more <br>efficient banking model </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 175px; HEIGHT: 64px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">BofI
        has a unique,
        low-cost and scalable <br>operating model </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 256px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Proprietary
        software
        and technology </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 305px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Strong
        record of
        growth and profitability </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 354px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Portfolio
        of high
        quality assets nationwide </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 402px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Attractive
        valuation
&#8211; price to book value of .94 </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>5</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img006.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 12px; PADDING-BOTTOM: 0in; WIDTH: 595px; PADDING-TOP: 0in; POSITION: absolute; TOP: 17px; HEIGHT: 48px; TEXT-ALIGN: center"><font style="FONT-SIZE: 40px; COLOR: #ffffff; FONT-FAMILY: Arial">Equals</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 0px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 165px; HEIGHT: 288px; TEXT-ALIGN: center"><font style="FONT-SIZE: 60px; FONT-FAMILY: Arial">&#8220;The
        efficiency of <br>wholesale
        deposits---<br>the stability of retail <br>deposits&#8221;</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>6</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img007.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 5px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Mature
        Industries
        Evolving <br>to Lowest Cost Producers</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>7</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img008.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>8</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 2px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Highly
        Efficient vs.
        Traditional <br>Bank Average</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0in; LEFT: 590px; PADDING-BOTTOM: 0in; WIDTH: 158px; PADDING-TOP: 0in; POSITION: absolute; TOP: 236px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial"><strong>Bank
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0in; LEFT: 590px; PADDING-BOTTOM: 0in; WIDTH: 158px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial"><strong>Industry
        </strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0in; LEFT: 590px; PADDING-BOTTOM: 0in; WIDTH: 158px; PADDING-TOP: 0in; POSITION: absolute; TOP: 284px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial"><strong>Average:
        57</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 728px; PADDING-TOP: 0in; POSITION: absolute; TOP: 440px; HEIGHT: 7px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #808080; FONT-FAMILY: Arial">Source:&#160;&#160;FDIC,
        &#8220;Statistics on Depository Institutions &#8211; Year to Date 9/30/2005.&#8221; Data does not
        include holding companies. </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 728px; PADDING-TOP: 0in; POSITION: absolute; TOP: 455px; HEIGHT: 7px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #808080; FONT-FAMILY: Arial">*
        Efficiency ratio =
        non-interest expense as a percentage of net interest income plus non-interest
        income</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img009.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 73px; PADDING-BOTTOM: 0in; WIDTH: 764px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 86px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Common-sized
        income
        statement comparison </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 73px; PADDING-BOTTOM: 0in; WIDTH: 764px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 115px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">BofI
        generates
        higher earnings through lower costs</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Income
        Statement
        Comparison</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>9</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 680px; PADDING-TOP: 0in; POSITION: absolute; TOP: 458px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; COLOR: #808080; FONT-FAMILY: Arial">Source:
        FDIC -
        Statistics on Depository Institutions - Nine-months ended 9/30/2005.
</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 680px; PADDING-TOP: 0in; POSITION: absolute; TOP: 476px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; COLOR: #808080; FONT-FAMILY: Arial">(1)&#160;&#160;Excludes
        operating income and expense of BofI Holding, Inc. Holding company data is
        also
        not included in competitor information.</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 261px; PADDING-BOTTOM: 0in; WIDTH: 84px; PADDING-TOP: 0in; POSITION: absolute; TOP: 148px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>Bank
        of</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 366px; PADDING-BOTTOM: 0in; WIDTH: 126px; PADDING-TOP: 0in; POSITION: absolute; TOP: 148px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>All
        S&amp;Ls-
        Assets</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 242px; PADDING-BOTTOM: 0in; WIDTH: 122px; PADDING-TOP: 0in; POSITION: absolute; TOP: 162px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>Internet
        USA
        (1)</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 366px; PADDING-BOTTOM: 0in; WIDTH: 123px; PADDING-TOP: 0in; POSITION: absolute; TOP: 162px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>$500
        Mil - $1
        Bil</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 471px; PADDING-BOTTOM: 0in; WIDTH: 95px; PADDING-TOP: 0in; POSITION: absolute; TOP: 162px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>ING
        Bank</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 543px; PADDING-BOTTOM: 0in; WIDTH: 89px; PADDING-TOP: 0in; POSITION: absolute; TOP: 162px; HEIGHT: 12px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10px; FONT-FAMILY: 'Times New Roman'"><strong><i>NetBank</i></strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 404px; PADDING-BOTTOM: 0in; WIDTH: 169px; PADDING-TOP: 0in; POSITION: absolute; TOP: 181px; HEIGHT: 9px; TEXT-ALIGN: left"><font style="FONT-SIZE: 8px; FONT-FAMILY: 'Times New Roman'">(In
        basis points on
        average assets)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 87px; PADDING-BOTTOM: 0in; WIDTH: 88px; PADDING-TOP: 0in; POSITION: absolute; TOP: 194px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Income:</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 125px; PADDING-TOP: 0in; POSITION: absolute; TOP: 209px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Interest
        income</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 209px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">449</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 209px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">508</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 488px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 209px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">401</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 209px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">512</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 128px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Interest
        expense</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">277</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">203</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 488px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">262</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">259</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 145px; PADDING-TOP: 0in; POSITION: absolute; TOP: 239px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Net
        interest
        income</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 239px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>172</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 239px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>305</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 488px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 239px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>139</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 239px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>253</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 159px; PADDING-TOP: 0in; POSITION: absolute; TOP: 259px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Fees
        and other
        income</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 276px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 259px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">17</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 401px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 259px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">60</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 494px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 259px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">2</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 559px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 259px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">76</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 157px; PADDING-TOP: 0in; POSITION: absolute; TOP: 278px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subtotal
        - Income</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 278px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">189</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 278px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">365</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 488px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 278px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">141</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 278px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">329</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 87px; PADDING-BOTTOM: 0in; WIDTH: 151px; PADDING-TOP: 0in; POSITION: absolute; TOP: 297px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Operating
        overhead:</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 98px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Personnel</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 276px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>34</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>138</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 490px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>21</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>247</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 160px; PADDING-TOP: 0in; POSITION: absolute; TOP: 331px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Premises
&amp;
        equipment</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 276px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 331px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">19</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 401px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 331px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">39</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 494px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 331px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">9</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 559px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 331px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">94</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Other
        G &amp;
A</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 276px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">21</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 401px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">63</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 490px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">27</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">194</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 145px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Loan
        loss
        provision</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 278px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">5</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 401px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">11</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 494px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">5</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 559px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 361px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">20</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 172px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subtotal
        - Overhead</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 276px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">79</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">251</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 490px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">62</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">555</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 87px; PADDING-BOTTOM: 0in; WIDTH: 179px; PADDING-TOP: 0in; POSITION: absolute; TOP: 402px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Pre-tax
        operating
        earnings</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 401px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>110</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 401px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>114</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 490px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 401px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>79</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 554px; PADDING-BOTTOM: 0in; WIDTH: 70px; PADDING-TOP: 0in; POSITION: absolute; TOP: 401px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'"><strong>-226</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 102px; PADDING-BOTTOM: 0in; WIDTH: 125px; PADDING-TOP: 0in; POSITION: absolute; TOP: 419px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Securities
        gains</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 278px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 419px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">4</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 404px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 419px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">8</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 494px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 419px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">4</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 556px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 419px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">234</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 87px; PADDING-BOTTOM: 0in; WIDTH: 129px; PADDING-TOP: 0in; POSITION: absolute; TOP: 436px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">Pre-tax
        earnings</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 436px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">114</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 398px; PADDING-BOTTOM: 0in; WIDTH: 66px; PADDING-TOP: 0in; POSITION: absolute; TOP: 436px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">122</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 490px; PADDING-BOTTOM: 0in; WIDTH: 61px; PADDING-TOP: 0in; POSITION: absolute; TOP: 436px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">83</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 563px; PADDING-BOTTOM: 0in; WIDTH: 55px; PADDING-TOP: 0in; POSITION: absolute; TOP: 436px; HEIGHT: 13px; TEXT-ALIGN: left"><font style="FONT-SIZE: 11px; FONT-FAMILY: 'Times New Roman'">8</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img010.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 151px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Outsource
        core
        banking <br>system </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 192px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Proprietary
        CRM and
<br>fraud control </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 233px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">No
        legacy
        systems</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 1px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Building
        Blocks for
<br>Successful Execution</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 456px; PADDING-BOTTOM: 0in; WIDTH: 248px; PADDING-TOP: 0in; POSITION: absolute; TOP: 117px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial"><strong>COST
        EFFECTIVE PROCESS</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 151px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Assembly-line
        simplicity </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 178px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Streamlined
        deposit
&amp; <br>loan approval </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 219px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Real-time
        customer
<br>information</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 24px; PADDING-BOTTOM: 0in; WIDTH: 248px; PADDING-TOP: 0in; POSITION: absolute; TOP: 117px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial"><strong>SCALABLE
        TECHNOLOGY</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 349px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Superior
        risk
        management </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 376px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Quality
        underwriting
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 67px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 403px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Intelligent
        product
<br>selection</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 24px; PADDING-BOTTOM: 0in; WIDTH: 248px; PADDING-TOP: 0in; POSITION: absolute; TOP: 309px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial"><strong>EXPERIENCED
        MANAGEMENT</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 355px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Self-service
        design
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 382px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Efficient
        automation
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 499px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 320px; LINE-HEIGHT: 18px; PADDING-TOP: 0in; POSITION: absolute; TOP: 409px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial">Minimal
        manual
<br>intervention </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 456px; PADDING-BOTTOM: 0in; WIDTH: 248px; PADDING-TOP: 0in; POSITION: absolute; TOP: 315px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial"><strong>AUTOMATED
        SERVICE</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>10</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img011.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 740px; PADDING-TOP: 0in; POSITION: absolute; TOP: 2px; HEIGHT: 57px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #ffffff; FONT-FAMILY: Arial">Annual
        Net Interest
        Income vs <br>Noninterest Expense</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 133px; PADDING-BOTTOM: 0in; WIDTH: 572px; PADDING-TOP: 0in; POSITION: absolute; TOP: 381px; HEIGHT: 16px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;$218,000</i></strong></font><font style="FONT-SIZE: 7px; FONT-FAMILY: Arial"><strong><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</i></strong></font><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>&#160;&#160;&#160;$273,000&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        $405,000&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;$609,000</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 163px; PADDING-BOTTOM: 0in; WIDTH: 536px; PADDING-TOP: 0in; POSITION: absolute; TOP: 357px; HEIGHT: 16px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;2002</strong></font><font style="FONT-SIZE: 7px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong>&#160;&#160;</strong></font><font style="FONT-SIZE: 7px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong>&#160;&#160;2003</strong></font><font style="FONT-SIZE: 7px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE:
 14px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2004</strong></font><font style="FONT-SIZE: 7px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2005</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 283px; PADDING-BOTTOM: 0in; WIDTH: 197px; PADDING-TOP: 0in; POSITION: absolute; TOP: 405px; HEIGHT: 16px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>Assets
        in
        Thousands</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 66px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 442px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>Net
        Interest
</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 66px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 459px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>Income
        (in
        000s)</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 420px; PADDING-BOTTOM: 0in; WIDTH: 266px; PADDING-TOP: 0in; POSITION: absolute; TOP: 441px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>Noninterest
        Expense
</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 420px; PADDING-BOTTOM: 0in; WIDTH: 266px; PADDING-TOP: 0in; POSITION: absolute; TOP: 458px; HEIGHT: 16px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; FONT-FAMILY: Arial"><strong><i>EXCLUDING
        SALARY &amp;
WAGES</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>11</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 80px; PADDING-BOTTOM: 0in; WIDTH: 313px; PADDING-TOP: 0in; POSITION: absolute; TOP: 89px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; FONT-FAMILY: Arial">For
        the Fiscal Years Ended June
        30</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img012.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 624px; PADDING-TOP: 0in; POSITION: absolute; TOP: 14px; HEIGHT: 48px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Demonstrated
        Scalability</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: -6px; PADDING-BOTTOM: 0in; WIDTH: 734px; PADDING-TOP: 0in; POSITION: absolute; TOP: 104px; HEIGHT: 18px; TEXT-ALIGN: center"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial"><strong>Assets
        per
        Employee at Fiscal Year End </strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: -6px; PADDING-BOTTOM: 0in; WIDTH: 734px; PADDING-TOP: 0in; POSITION: absolute; TOP: 128px; HEIGHT: 10px; TEXT-ALIGN: center"><font style="FONT-SIZE: 12px; COLOR: #000468; FONT-FAMILY: Arial"><strong>(At
        Year
        Ends June 30, and at December 31, 2005) </strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: -6px; PADDING-BOTTOM: 0in; WIDTH: 734px; PADDING-TOP: 0in; POSITION: absolute; TOP: 152px; HEIGHT: 18px; TEXT-ALIGN: center"><font style="FONT-SIZE: 12px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>(full-time
        equivalent employees)</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 91px; PADDING-BOTTOM: 0in; WIDTH: 308px; PADDING-TOP: 0in; POSITION: absolute; TOP: 161px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; FONT-FAMILY: Arial">(Dollars
        in millions)</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 37px; PADDING-BOTTOM: 0in; WIDTH: 704px; PADDING-TOP: 0in; POSITION: absolute; TOP: 459px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #808080; FONT-FAMILY: Arial">Source:&#160;&#160;FDIC</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 91px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 10px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #0099cc; FONT-FAMILY: Arial"><strong>14
        Employees
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 91px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 429px; HEIGHT: 10px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #0099cc; FONT-FAMILY: Arial"><strong>$0
        Assets</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 479px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 410px; HEIGHT: 10px; TEXT-ALIGN: right"><font style="FONT-SIZE: 14px; COLOR: #e0020a; FONT-FAMILY: Arial"><strong>27
        Employees
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 479px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 429px; HEIGHT: 10px; TEXT-ALIGN: right"><font style="FONT-SIZE: 14px; COLOR: #e0020a; FONT-FAMILY: Arial"><strong>$681M
        Assets</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 282px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 10px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #333399; FONT-FAMILY: Arial"><strong>20
        Employees
</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 282px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 429px; HEIGHT: 10px; TEXT-ALIGN: center"><font style="FONT-SIZE: 14px; COLOR: #333399; FONT-FAMILY: Arial"><strong>$273M
        Assets</strong></font></div>
      <div style="PADDING-RIGHT: 0.02in; PADDING-LEFT: 0.02in; LEFT: 103px; PADDING-BOTTOM: 0in; WIDTH: 560px; PADDING-TOP: 0in; POSITION: absolute; TOP: 374px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 12px; FONT-FAMILY: Arial"><strong><i>2001&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2002&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        2003&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2004&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2005&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2005</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.02in; PADDING-LEFT: 0.02in; LEFT: 115px; PADDING-BOTTOM: 0in; WIDTH: 548px; PADDING-TOP: 0in; POSITION: absolute; TOP: 367px; HEIGHT: 43px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; FONT-FAMILY: 'Times New Roman'"><strong><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        June
        30,&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;December
        31,&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 222px; PADDING-BOTTOM: 0in; WIDTH: 290px; PADDING-TOP: 0in; POSITION: absolute; TOP: 298px; HEIGHT: 19px; TEXT-ALIGN: center"><font style="FONT-SIZE: 16px; FONT-FAMILY: 'Times New Roman'"><strong>Bank
        Industry
        Average</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>12</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img013.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Strong
        Track Record
        of Growth</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>13</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 583px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 113px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; FONT-FAMILY: Arial">*</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 13px; PADDING-BOTTOM: 0in; WIDTH: 740px; PADDING-TOP: 0in; POSITION: absolute; TOP: 454px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; FONT-FAMILY: Arial">*
</font><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial">At
        each fiscal year end June 30.
        Most recently, there were 21,149 accounts at 12/31/05</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img014.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Strong
        Track Record
        of Growth</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>14</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 31px; PADDING-BOTTOM: 0in; WIDTH: 740px; PADDING-TOP: 0in; POSITION: absolute; TOP: 454px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; FONT-FAMILY: Arial">*
</font><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial">At
        each fiscal year end June 30.
        Most recently, assets totaled $681.5 million at 12/31/05</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 355px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 101px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; FONT-FAMILY: Arial">*</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img015.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Strong
        Track Record
        of Growth</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>15</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 31px; PADDING-BOTTOM: 0in; WIDTH: 740px; PADDING-TOP: 0in; POSITION: absolute; TOP: 442px; HEIGHT: 38px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial">*
        - For each fiscal year ended June
        30. For the six months ended 12/31/05 and 12/31/04, net <br>interest income was
        $4.9 million and $4.3 million, respectively. </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 415px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 107px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; FONT-FAMILY: Arial">*</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 187px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 316px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial"><strong>$1,162</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 280px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 274px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial"><strong>$3,497</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 375px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 241px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial"><strong>$5,088</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 464px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 208px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial"><strong>$6,530</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 558px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 167px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial"><strong>$8,969</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 123px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 387px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$0</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 75px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 345px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$2,000</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 75px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 305px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$4,000</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 75px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 264px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$6,000</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 75px; PADDING-BOTTOM: 0in; WIDTH: 132px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$8,000</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 147px; PADDING-TOP: 0in; POSITION: absolute; TOP: 183px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">$10,000</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 177px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 413px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">2001</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 272px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 413px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">2002</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 365px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 413px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">2003</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 459px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 413px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">2004</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 553px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 413px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 27px; FONT-FAMILY: Arial">2005</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 180px; PADDING-BOTTOM: 0in; WIDTH: 318px; PADDING-TOP: 0in; POSITION: absolute; TOP: 116px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>Net
        Interest Income
</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 429px; PADDING-BOTTOM: 0in; WIDTH: 218px; PADDING-TOP: 0in; POSITION: absolute; TOP: 121px; HEIGHT: 25px; TEXT-ALIGN: left"><font style="FONT-SIZE: 21px; FONT-FAMILY: Arial"><strong>($
        in thousands)
</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img016.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Strong
        Track Record
        of Growth</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>16</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 331px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 95px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; FONT-FAMILY: Arial">*</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 31px; PADDING-BOTTOM: 0in; WIDTH: 740px; PADDING-TOP: 0in; POSITION: absolute; TOP: 442px; HEIGHT: 38px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; FONT-FAMILY: Arial">*
        - For each fiscal year ended June
        30. For the six months ended 12/31/05 and 12/31/04, net&#160;&#160;<br>income
        was $1.6 million and $1.2 million, respectively. </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 172px; PADDING-BOTTOM: 0in; WIDTH: 154px; PADDING-TOP: 0in; POSITION: absolute; TOP: 291px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>$(1,082)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 275px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 255px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>$1,020</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 367px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>$1,730</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 458px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 204px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>$2,175</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 559px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 170px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial"><strong>$2,869</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 52px; PADDING-BOTTOM: 0in; WIDTH: 154px; PADDING-TOP: 0in; POSITION: absolute; TOP: 383px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$(1,100)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 73px; PADDING-BOTTOM: 0in; WIDTH: 131px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$(100)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 82px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 301px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$900</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$1,900</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 220px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$2,900</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 135px; PADDING-TOP: 0in; POSITION: absolute; TOP: 178px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">$3,900</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 171px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">2001</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 265px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">2002</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 359px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">2003</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 453px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">2004</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 546px; PADDING-BOTTOM: 0in; WIDTH: 112px; PADDING-TOP: 0in; POSITION: absolute; TOP: 411px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; FONT-FAMILY: Arial">2005</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 193px; PADDING-BOTTOM: 0in; WIDTH: 214px; PADDING-TOP: 0in; POSITION: absolute; TOP: 98px; HEIGHT: 34px; TEXT-ALIGN: left"><font style="FONT-SIZE: 29px; FONT-FAMILY: Arial"><strong>Net
        Income
</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 341px; PADDING-BOTTOM: 0in; WIDTH: 220px; PADDING-TOP: 0in; POSITION: absolute; TOP: 104px; HEIGHT: 26px; TEXT-ALIGN: left"><font style="FONT-SIZE: 22px; FONT-FAMILY: Arial"><strong>($
        in
        thousands)</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img017.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 95px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">
        Multifamily
        mortgages &#8211; 71%</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 144px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 189px; HEIGHT: 33px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">
        Single family
        mortgage &#8211; 13%</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 238px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 281px; HEIGHT: 57px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Commercial
        real
        estate loans &#8211; <br>2% </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 19px; PADDING-BOTTOM: 0in; WIDTH: 434px; PADDING-TOP: 0in; POSITION: absolute; TOP: 396px; HEIGHT: 57px; TEXT-ALIGN: left"><font style="FONT-SIZE: 7px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Mortgage-backed
        securities &#8211; <br>14% </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 86px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 746px; LINE-HEIGHT: 20px; PADDING-TOP: 0in; POSITION: absolute; TOP: 463px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000468; FONT-FAMILY: Arial">FNMA,
        FHLMC,
        GNMA</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Investment
        in High
        Quality Assets</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 354px; PADDING-BOTTOM: 0in; WIDTH: 392px; PADDING-TOP: 0in; POSITION: absolute; TOP: 101px; HEIGHT: 28px; TEXT-ALIGN: center"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial"><u>Investments
        by
        Type</u></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 354px; PADDING-BOTTOM: 0in; WIDTH: 392px; PADDING-TOP: 0in; POSITION: absolute; TOP: 141px; HEIGHT: 28px; TEXT-ALIGN: center"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">December
        31,
        2005</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>17</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img018.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 662px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Geographic
        Breakdown</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: -12px; PADDING-BOTTOM: 0in; WIDTH: 290px; PADDING-TOP: 0in; POSITION: absolute; TOP: 88px; HEIGHT: 24px; TEXT-ALIGN: center"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial"><u>Mortgage
        Loans</u></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: -12px; PADDING-BOTTOM: 0in; WIDTH: 290px; PADDING-TOP: 0in; POSITION: absolute; TOP: 124px; HEIGHT: 24px; TEXT-ALIGN: center"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">As
        of December 31,
        2005</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>18</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img019.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">History
        of Quality
        Assets</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 49px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 788px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 111px; HEIGHT: 86px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Since
        inception
        though <br>December 31, 2005, BOFI <br>has had no mortgage-loan: </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 80px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 210px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Write-offs
        </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 80px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 246px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Foreclosure
        sales
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 80px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 752px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 282px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Restructurings
        </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 49px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 788px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 319px; HEIGHT: 57px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Three
        loans
        classified in five <br>year history </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 49px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 788px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 57px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Loan
        portfolio is
        supported by <br>exceptional LTVs </font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>19</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img020.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 4px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Stable
        Deposit Base,
<br>Managed Interest Rate Risk</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 55px; PADDING-BOTTOM: 0in; WIDTH: 782px; LINE-HEIGHT: 27px; PADDING-TOP: 0in; POSITION: absolute; TOP: 84px; HEIGHT: 52px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">More
        than 21,000
        online deposit <br>customers </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 55px; PADDING-BOTTOM: 0in; WIDTH: 782px; LINE-HEIGHT: 27px; PADDING-TOP: 0in; POSITION: absolute; TOP: 142px; HEIGHT: 52px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">37%
        of accounts are
        checking and <br>savings </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 55px; PADDING-BOTTOM: 0in; WIDTH: 782px; LINE-HEIGHT: 27px; PADDING-TOP: 0in; POSITION: absolute; TOP: 199px; HEIGHT: 79px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">57%
        of all checking
        and savings <br>accounts opened between July 1, <br>2002 and June 30, 2005 are
        still open </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 55px; PADDING-BOTTOM: 0in; WIDTH: 782px; LINE-HEIGHT: 27px; PADDING-TOP: 0in; POSITION: absolute; TOP: 283px; HEIGHT: 79px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">82%
        of all Senior
        checking accounts <br>opened between July 1, 2002 and <br>June 30, 2005 are
        still open </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 55px; PADDING-BOTTOM: 0in; WIDTH: 782px; LINE-HEIGHT: 27px; PADDING-TOP: 0in; POSITION: absolute; TOP: 367px; HEIGHT: 97px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">FHLB
        Advances -
</font><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">Principally
        used as
        a <br>hedging vehicle</font><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial"><strong>
        -
</strong></font><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">Weighted-average
        rate <br>of 3.77% and maturity of 26 months at <br>December 31, 2005
</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>20</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img021.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Capital
        Structure</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 75px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Initial
        Public
        Offering - March 2005 </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 108px; HEIGHT: 48px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Added
        $31.3 million
        in equity and 3,052,174 common shares; 37% <br>of total shares outstanding of
        8,193,906 </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 160px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Provides
        capital to
        grow bank </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 191px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Dividends
        </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 224px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">No
        dividends paid on
        common shares </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 252px; HEIGHT: 48px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">$6.6
        million in
        convertible preferred with 6% dividend, after Dec. <br>2005, $1.5 million
        converted to common at $10.50 per share </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 61px; PADDING-BOTTOM: 0in; WIDTH: 776px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 307px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Stock
        Options
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 340px; HEIGHT: 24px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Under
        FASB 123R
        start expensing stock options effective 7/1/05. </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 92px; PADDING-BOTTOM: 0in; WIDTH: 740px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 368px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Operating
        results
        for the quarter and six-month periods ended <br>12/31/05 included stock option
        and stock grant expense of <br>$105,000 and $195,000, respectively.
</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>21</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img022.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Banking
        Environment
        Challenges</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 58px; PADDING-BOTTOM: 0in; WIDTH: 770px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 93px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Maintain
        Net
        Interest Margin </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 125px; HEIGHT: 43px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">In
        the near term,
        until the flattening yield curve reverses, BofI net interest <br>margins will
        narrow with asset growth </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 172px; HEIGHT: 64px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">BofI&#8217;s
        low cost
        structure, compared to traditional banks of similar asset size, <br>allows
        profit with a smaller net interest margin and better opportunity to <br>deploy
        excess capital </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 58px; PADDING-BOTTOM: 0in; WIDTH: 770px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 244px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Risk
        Premiums and
        Competition for Mortgage Loans </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 276px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">Many
        mortgage
        lenders have relaxed credit standards </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 302px; HEIGHT: 43px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">BofI&#8217;s
        low overhead
        loan origination structure reduces pressure to originate <br>loans for portfolio
        and promotes selective purchases of whole loans and MBS&#160;&#160;
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 58px; PADDING-BOTTOM: 0in; WIDTH: 770px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 352px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Real
        Estate Bubble?
        BofI Reduces Risk by: </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 384px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">No
        subprime lending
</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 85px; PADDING-BOTTOM: 0in; WIDTH: 734px; LINE-HEIGHT: 23px; PADDING-TOP: 0in; POSITION: absolute; TOP: 410px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">Low
        loan to value
        and geographic diversification</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>22</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img023.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 28px; HEIGHT: 38px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Quarterly
        Financial
        Data</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>23</strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 613px; PADDING-BOTTOM: 0in; WIDTH: 72px; PADDING-TOP: 0in; POSITION: absolute; TOP: 240px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">*</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 566px; PADDING-TOP: 0in; POSITION: absolute; TOP: 452px; HEIGHT: 16px; TEXT-ALIGN: left"><font style="FONT-SIZE: 14px; COLOR: #000468; FONT-FAMILY: Arial"><strong>*
        - Diluted
        EPS reduced by 3,052,174 shares issued in IPO</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 663px; PADDING-BOTTOM: 0in; WIDTH: 77px; PADDING-TOP: 0in; POSITION: absolute; TOP: 149px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">YoY</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 424px; PADDING-BOTTOM: 0in; WIDTH: 85px; PADDING-TOP: 0in; POSITION: absolute; TOP: 169px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">2004</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 547px; PADDING-BOTTOM: 0in; WIDTH: 85px; PADDING-TOP: 0in; POSITION: absolute; TOP: 169px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">2005</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 653px; PADDING-BOTTOM: 0in; WIDTH: 98px; PADDING-TOP: 0in; POSITION: absolute; TOP: 169px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">%
        Chg</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 182px; PADDING-TOP: 0in; POSITION: absolute; TOP: 217px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Net
        Income
        (000s)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 466px; PADDING-BOTTOM: 0in; WIDTH: 76px; PADDING-TOP: 0in; POSITION: absolute; TOP: 217px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">514</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 589px; PADDING-BOTTOM: 0in; WIDTH: 76px; PADDING-TOP: 0in; POSITION: absolute; TOP: 217px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">750</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 671px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 217px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">46%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 238px; PADDING-TOP: 0in; POSITION: absolute; TOP: 245px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Diluted
        Earnings Per
        Share</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 462px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 245px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">0.08</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 585px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 245px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">0.08</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 74px; PADDING-TOP: 0in; POSITION: absolute; TOP: 245px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">0%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 366px; PADDING-TOP: 0in; POSITION: absolute; TOP: 265px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Return
        on Avg Common
        Stockholders' Equity</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 462px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 265px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">6.30</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 585px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 265px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">4.14</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 665px; PADDING-BOTTOM: 0in; WIDTH: 89px; PADDING-TOP: 0in; POSITION: absolute; TOP: 265px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">-34%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 183px; PADDING-TOP: 0in; POSITION: absolute; TOP: 291px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Efficiency
        Ratio
        (1)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 462px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 291px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">58.3</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 585px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 291px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">50.5</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 665px; PADDING-BOTTOM: 0in; WIDTH: 89px; PADDING-TOP: 0in; POSITION: absolute; TOP: 291px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">-13%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 185px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Total
        Assets
        (000s)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 430px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">513,108</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 399px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 553px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">681,492</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 522px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 671px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 317px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">33%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 291px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Loans
        Held For
        Investment (000s)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 430px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">417,915</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 399px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 553px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">545,208</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 522px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 671px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 343px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">30%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 201px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Total
        Deposits
        (000s)</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 430px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">320,019</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 399px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 553px; PADDING-BOTTOM: 0in; WIDTH: 107px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">399,387</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 522px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 671px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 369px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">25%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 269px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">Book
        Value Per
        Common Share</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 455px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">5.74</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 396px; PADDING-BOTTOM: 0in; WIDTH: 113px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 578px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">7.61</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 519px; PADDING-BOTTOM: 0in; WIDTH: 113px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 671px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 389px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">33%</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 7px; PADDING-BOTTOM: 0in; WIDTH: 706px; PADDING-TOP: 0in; POSITION: absolute; TOP: 429px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">(1)
        Non-interest
        expense divided by the sum of net interest income and non-interest
        income.</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 454px; PADDING-BOTTOM: 0in; WIDTH: 148px; PADDING-TOP: 0in; POSITION: absolute; TOP: 149px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">December
        31,</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 406px; PADDING-BOTTOM: 0in; WIDTH: 247px; PADDING-TOP: 0in; POSITION: absolute; TOP: 129px; HEIGHT: 19px; TEXT-ALIGN: left"><font style="FONT-SIZE: 16px; COLOR: #000080; FONT-FAMILY: Arial">For
        or At the
        Quarter Ended</font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img024.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 3px; HEIGHT: 72px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Selected
        Annual
        Financial Data <br>and BOFI Goals</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>24</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 362px; PADDING-BOTTOM: 0in; WIDTH: 234px; PADDING-TOP: 0in; POSITION: absolute; TOP: 120px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>For
        or At
        the Year Ended</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 583px; PADDING-BOTTOM: 0in; WIDTH: 79px; PADDING-TOP: 0in; POSITION: absolute; TOP: 140px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>YoY</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 369px; PADDING-BOTTOM: 0in; WIDTH: 88px; PADDING-TOP: 0in; POSITION: absolute; TOP: 159px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>2004</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 479px; PADDING-BOTTOM: 0in; WIDTH: 88px; PADDING-TOP: 0in; POSITION: absolute; TOP: 159px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>2005</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 571px; PADDING-BOTTOM: 0in; WIDTH: 101px; PADDING-TOP: 0in; POSITION: absolute; TOP: 159px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>%
        Chg</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 654px; PADDING-BOTTOM: 0in; WIDTH: 91px; PADDING-TOP: 0in; POSITION: absolute; TOP: 159px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Goals</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 192px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Net
        Income
        (000s)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 383px; PADDING-BOTTOM: 0in; WIDTH: 92px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>2,175</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 351px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 494px; PADDING-BOTTOM: 0in; WIDTH: 92px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>2,869</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 462px; PADDING-BOTTOM: 0in; WIDTH: 81px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 582px; PADDING-BOTTOM: 0in; WIDTH: 87px; PADDING-TOP: 0in; POSITION: absolute; TOP: 205px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>32%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 252px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Diluted
        Earnings Per Share</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 393px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>0.39</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 352px; PADDING-BOTTOM: 0in; WIDTH: 90px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;&#160;
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 504px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>0.40</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 463px; PADDING-BOTTOM: 0in; WIDTH: 90px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;&#160;
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 592px; PADDING-BOTTOM: 0in; WIDTH: 77px; PADDING-TOP: 0in; POSITION: absolute; TOP: 232px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>3%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 387px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Return
        on
        Avg Common Stockholders' Equity</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 382px; PADDING-BOTTOM: 0in; WIDTH: 101px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>8.42%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 493px; PADDING-BOTTOM: 0in; WIDTH: 101px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>6.73%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 576px; PADDING-BOTTOM: 0in; WIDTH: 93px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>-20%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 655px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 260px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>10.00%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 194px; PADDING-TOP: 0in; POSITION: absolute; TOP: 288px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Efficiency
        Ratio (1)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 372px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 288px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>49.47%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 483px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 288px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>48.05%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 585px; PADDING-BOTTOM: 0in; WIDTH: 84px; PADDING-TOP: 0in; POSITION: absolute; TOP: 288px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>-3%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 655px; PADDING-BOTTOM: 0in; WIDTH: 110px; PADDING-TOP: 0in; POSITION: absolute; TOP: 288px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>40.00%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 195px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Total
        Assets
        (000s)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 364px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>405,039</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 350px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 475px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>609,508</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 460px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 582px; PADDING-BOTTOM: 0in; WIDTH: 87px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>50%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 634px; PADDING-BOTTOM: 0in; WIDTH: 124px; PADDING-TOP: 0in; POSITION: absolute; TOP: 314px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        1
        Billion</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 307px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Loans
        Held
        For Investment (000s)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 364px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>355,261</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 350px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 475px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>486,872</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 460px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 582px; PADDING-BOTTOM: 0in; WIDTH: 87px; PADDING-TOP: 0in; POSITION: absolute; TOP: 338px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>37%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 211px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Total
        Deposits (000s)</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 364px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>269,841</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 350px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 475px; PADDING-BOTTOM: 0in; WIDTH: 111px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>361,051</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 460px; PADDING-BOTTOM: 0in; WIDTH: 63px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 582px; PADDING-BOTTOM: 0in; WIDTH: 87px; PADDING-TOP: 0in; POSITION: absolute; TOP: 364px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>34%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 282px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>Book
        Value
        Per Common Share</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 393px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>5.57</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 352px; PADDING-BOTTOM: 0in; WIDTH: 90px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;&#160;
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 504px; PADDING-BOTTOM: 0in; WIDTH: 83px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>7.47</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 463px; PADDING-BOTTOM: 0in; WIDTH: 90px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>$&#160;&#160;&#160;&#160;&#160;&#160;
        </strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 582px; PADDING-BOTTOM: 0in; WIDTH: 87px; PADDING-TOP: 0in; POSITION: absolute; TOP: 391px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>34%</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 4px; PADDING-BOTTOM: 0in; WIDTH: 751px; PADDING-TOP: 0in; POSITION: absolute; TOP: 430px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>(1)
        Non-interest expense divided by the sum of net interest income and non-interest
        income.</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 411px; PADDING-BOTTOM: 0in; WIDTH: 113px; PADDING-TOP: 0in; POSITION: absolute; TOP: 140px; HEIGHT: 18px; TEXT-ALIGN: left"><font style="FONT-SIZE: 15px; COLOR: #000080; FONT-FAMILY: Arial"><strong>June
        30,</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img025.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Growth
        Strategy &#8211;
Next Two Years</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 42px; PADDING-BOTTOM: 0in; WIDTH: 785px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 86px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Build
        Bank Size and
        Efficiency</font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 122px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Use
        IPO capital to
        grow to $1 billion </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 149px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Improve
        efficiency
        ratio to 40% or lower </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 177px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Improve
        ROE to 10%
        or greater </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 42px; PADDING-BOTTOM: 0in; WIDTH: 785px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 206px; HEIGHT: 27px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Expand
        Product
        Capabilities </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 237px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Add
        key consumer
        loan product personnel </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 265px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Expand
        online and
        back office systems </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 292px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Test
        demographic
        branding </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 42px; PADDING-BOTTOM: 0in; WIDTH: 785px; LINE-HEIGHT: 30px; PADDING-TOP: 0in; POSITION: absolute; TOP: 321px; HEIGHT: 54px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #000468; FONT-FAMILY: Arial">Leverage
        Growing
        Online Customer Base, Affiliations and <br>Nationwide Lending </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 380px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Double
        online
        customers from 20K to 40K </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 408px; HEIGHT: 45px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">In
        addition to
        residential mortgage lending, select specialty consumer <br>financial
        product(s)&#160;&#160; </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 69px; PADDING-BOTTOM: 0in; WIDTH: 749px; LINE-HEIGHT: 25px; PADDING-TOP: 0in; POSITION: absolute; TOP: 458px; HEIGHT: 22px; TEXT-ALIGN: left"><font style="FONT-SIZE: 20px; COLOR: #000468; FONT-FAMILY: Arial">Expand
        marketing and
        cross selling opportunities</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>25</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img026.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 29px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Experienced
        Management Team</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 102px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>Gary
        Lewis
        Evans </strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 22px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>President
        and CEO </i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 140px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;30
        + years management experience in commercial and savings banking</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 184px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>Andrew
        Micheletti </strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 22px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>Vice
        President and CFO </i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 222px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;25
        + years experience in financial management, accounting and auditing</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 266px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>Terry
        M.
        Harris</strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 22px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>VP
        and
        Chief Credit Officer </i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 305px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;25
        + years experience in retail banking, consumer credit and residential
        lending</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 346px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>Patrick
        A.
        Dunn</strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 22px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>VP
        and
        Multifamily Lending Officer </i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 384px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;15
        + years experience in commercial and savings banking</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 416px; HEIGHT: 28px; TEXT-ALIGN: left"><font style="FONT-SIZE: 24px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>Michael
        J.
        Berengolts</strong></font><font style="FONT-SIZE: 7px; COLOR: #bf082d; FONT-FAMILY: Arial"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</strong></font><font style="FONT-SIZE: 22px; COLOR: #000468; FONT-FAMILY: Arial"><strong><i>VP
        and
        Chief Technology Officer </i></strong></font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 770px; PADDING-TOP: 0in; POSITION: absolute; TOP: 455px; HEIGHT: 21px; TEXT-ALIGN: left"><font style="FONT-SIZE: 18px; COLOR: #000468; FONT-FAMILY: Arial">&#160;&#160;&#160;10
        + years experience in technology and information systems management</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>26</strong></font></div>
    </div>
    <div style="PAGE-BREAK-AFTER: always">&#160;</div>
    <div style="LEFT: 0px; WIDTH: 720px; POSITION: relative; TOP: 0px; HEIGHT: 575px">
      <div style="LEFT: 0px; POSITION: absolute; TOP: 0px"><img src="img027.jpg" alt=""></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 1px; PADDING-BOTTOM: 0in; WIDTH: 698px; PADDING-TOP: 0in; POSITION: absolute; TOP: 20px; HEIGHT: 36px; TEXT-ALIGN: left"><font style="FONT-SIZE: 30px; COLOR: #ffffff; FONT-FAMILY: Arial">Investment
        Highlights</font></div>
      <div style="PADDING-RIGHT: 0.1in; PADDING-LEFT: 0.1in; LEFT: 679px; PADDING-BOTTOM: 0in; WIDTH: 80px; PADDING-TOP: 0in; POSITION: absolute; TOP: 507px; HEIGHT: 14px; TEXT-ALIGN: left"><font style="FONT-SIZE: 12px; COLOR: #ffffff; FONT-FAMILY: Arial"><strong>27</strong></font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 95px; HEIGHT: 64px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">The
        Internet creates
        an opportunity for a more <br>efficient banking model </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 175px; HEIGHT: 64px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">BofI
        has a unique,
        low-cost and scalable <br>operating model </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 256px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Proprietary
        software
        and technology </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 305px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Strong
        record of
        growth and profitability </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 354px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Portfolio
        of high
        quality assets nationwide </font></div>
      <div style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; LEFT: 62px; MARGIN-BOTTOM: 0px; PADDING-BOTTOM: 0in; WIDTH: 774px; LINE-HEIGHT: 35px; PADDING-TOP: 0in; POSITION: absolute; TOP: 402px; HEIGHT: 32px; TEXT-ALIGN: left"><font style="FONT-SIZE: 28px; COLOR: #000468; FONT-FAMILY: Arial">Attractive
        valuation
&#8211; price to book value of .94</font></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div>
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          <tr>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">B
                of I HOLDING, INC.</font></div>
            </td>
          </tr>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date:
                February 14, 2006</font></div>
            </td>
            <td align="left" valign="top" width="3%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:</font></div>
            </td>
            <td align="left" valign="top" width="28%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                Gary Lewis Evans</font></div>
            </td>
            <td align="left" valign="top" width="5%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Gary
                Lewis Evans</font></div>
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                and Chief Executive Officer</font></div>
            </td>
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{"company-data": {"conformed-name": "BofI Holding, Inc.", "cik": "0001299709", "assigned-sic": "6035", "irs-number": "330867444", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51201", "film-number": "06609886"}, "business-address": {"street1": "12777 HIGH BLUFF DRIVE", "street2": "SUITE #100", "city": "SAN DIEGO", "state": "CA", "zip": "92130", "phone": "(858) 350-6200"}, "mail-address": {"street1": "12777 HIGH BLUFF DRIVE", "street2": "SUITE #100", "city": "SAN DIEGO", "state": "CA", "zip": "92130"}}
UNITED
      STATES
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
      D.C.  20549
FORM
      8-K
CURRENT
      REPORT
Pursuant
      to Section 13 or 15(d) of the
Securities
      Exchange Act of 1934
Date
      of Report (Date of earliest event reported):  February 14,
      2006
B
      of I HOLDING, INC.
(Exact
      name of registrant as specified in its charter)
Delaware
000-51201
33-0867444
(State
                or other jurisdiction of
incorporation)
(Commission
                File Number)
(IRS
                Employer Identification
Number)
12777
                High Bluff Drive, Suite 100, San Diego, CA
92130
(Address
                of principal executive offices)
(Zip
                Code)
Registrant's
      telephone number, including area code
:
      (858) 350-6200
Not
      Applicable
(Former
      name or former address, if changed since last report.)
Check
      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):
o
Written
      communications pursuant to Rule 425 under the Securities Act
o
Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act
o
Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act
o
Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act
TABLE
      OF CONTENTS
Item
      7.01: Regulation FD Disclosure
SIGNATURE
Item
      7.01 Regulation FD Disclosure.
BofI
      Holding, Inc. (the "Registrant") is presenting a slide show at American
      Community Banker's Conference - Palace Hotel, San Francisco, CA on February 22,
      2006 at 11:00 AM. A copy of the information in the slide show is attached below
      and is incorporated herein by reference. This Form 8-K and the information
      attached below shall not be deemed to be "filed" for purposes of Section 18 of
      the Securities Exchange Act of 1934, as amended ("Exchange Act"), nor shall it
      be incorporated by reference into a filing under the Securities Act of 1933,
      as
      amended ("Securities Act"), or the Exchange Act, except as expressly set forth
      by specific reference in such a filing. The furnishing of the information in
      this report is not intended to, and does not, constitute a determination or
      admission by the Registrant that the information in this report is material
      or
      complete, or that investors should consider this information before making
      an
      investment decision with respect to any security of the Registrant or any of
      its
      affiliates. The information in the materials is presented as of February 8,
      2006, and the Registrant does not assume any obligation to update such
      information in the future.
Safe
      Harbor Statement
Statements
      contained in the slide show presentation that state expectations or predictions
      about the future are forward-looking statements intended to be covered by the
      safe harbor provisions of the Securities Act and the Exchange Act. The
      Registrant's actual results could differ materially from those projected in such
      forward-looking statements. Factors that could affect those results include
      "Risk Factors" and the other factors appearing in the documents that the
      Registrant has filed with the Securities and Exchange Commission.
Set
      forth
      below, are the presentation materials:
American
        Community
        Bankers – Palace Hotel, San Francisco CA
11:00-11:30AM
        on
        Wednesday February 22 nd in the Presidio room
Safe
        Harbor
Statements
        contained
        in the slide show presentation
that state expectations or predictions about
        the future
are forward-looking statements intended to be
covered by the
        safe harbor provisions of the Securities
Act and the Exchange Act. The
        Registrant's actual
results could differ materially from those projected in
such forward-looking statements. Factors that could
affect those results
        include "Risk Factors" and the
other factors appearing in the documents that
        the
Registrant has filed with the Securities and Exchange
Commission.
2
Equity
        Snapshot
Exchange/Symbol:
NASDAQ/BOFI
Price
        (2/8/2006):
$7.15
Shares
        Outstanding:
8.38
        M
Market
        Capitalization:
$60.0
        M
BV
        Per Share
        (mrq)
$
7.61
Price/Book
        (2/8/06 price/mrq) :
.
94
Total
        Assets
        (mrq):
$681.5
        M
Publicly
        traded since:
March
        15,
        2005
Price/Earnings
        (2/8/06 price/ttm)
18
.82X
3
Corporate
        Overview
To
        be the premier
        low-cost operator in the
consumer
        financial
        services industry
MISSION
        STATEMENT
Federally
        charted
        savings bank
Regulated
        by the
        Office of Thrift
Supervision
Deposits
        insured by
        the Federal
Deposit Insurance Corporation
BofI
        Holding, Inc.
BofI
        Trust 1
(Trust
        Preferred)
Bank
        of
Internet
        USA
BANK
OF
        INTERNET
        USA
4
Investment
        Highlights
The
        Internet creates
        an opportunity for a more
efficient banking model
BofI
        has a unique,
        low-cost and scalable
operating model
Proprietary
        software
        and technology
Strong
        record of
        growth and profitability
Portfolio
        of high
        quality assets nationwide
Attractive
        valuation
– price to book value of .94
5
Equals
"The
        efficiency of
wholesale
        deposits---
the stability of retail
deposits"
6
Mature
        Industries
        Evolving
to Lowest Cost Producers
7
8
Highly
        Efficient vs.
        Traditional
Bank Average
Bank
Industry
Average:
        57
Source:  FDIC,
        "Statistics on Depository Institutions – Year to Date 9/30/2005." Data does not
        include holding companies.
*
        Efficiency ratio =
        non-interest expense as a percentage of net interest income plus non-interest
        income
Common-sized
        income
        statement comparison
BofI
        generates
        higher earnings through lower costs
Income
        Statement
        Comparison
9
Source:
        FDIC -
        Statistics on Depository Institutions - Nine-months ended 9/30/2005.
(1)  Excludes
        operating income and expense of BofI Holding, Inc. Holding company data is
        also
        not included in competitor information.
Bank
        of
All
        S&Ls-
        Assets
Internet
        USA
        (1)
$500
        Mil - $1
        Bil
ING
        Bank
NetBank
(In
        basis points on
        average assets)
Income:
Interest
        income
449
508
401
512
Interest
        expense
277
203
262
259
Net
        interest
        income
172
305
139
253
Fees
        and other
        income
17
60
2
76
Subtotal
        - Income
189
365
141
329
Operating
        overhead:
Personnel
34
138
21
247
Premises
&
        equipment
19
39
9
94
Other
        G &
A
21
63
27
194
Loan
        loss
        provision
5
11
5
20
Subtotal
        - Overhead
79
251
62
555
Pre-tax
        operating
        earnings
110
114
79
-226
Securities
        gains
4
8
4
234
Pre-tax
        earnings
114
122
83
8
Outsource
        core
        banking
system
Proprietary
        CRM and
fraud control
No
        legacy
        systems
Building
        Blocks for
Successful Execution
COST
        EFFECTIVE PROCESS
Assembly-line
        simplicity
Streamlined
        deposit
&
loan approval
Real-time
        customer
information
SCALABLE
        TECHNOLOGY
Superior
        risk
        management
Quality
        underwriting
Intelligent
        product
selection
EXPERIENCED
        MANAGEMENT
Self-service
        design
Efficient
        automation
Minimal
        manual
intervention
AUTOMATED
        SERVICE
10
Annual
        Net Interest
        Income vs
Noninterest Expense
$218,000
$273,000                  
        $405,000               $609,000
2002
2003
2004
2005
Assets
        in
        Thousands
Net
        Interest
Income
        (in
        000s)
Noninterest
        Expense
EXCLUDING
        SALARY &
WAGES
11
For
        the Fiscal Years Ended June
        30
Demonstrated
        Scalability
Assets
        per
        Employee at Fiscal Year End
(At
        Year
        Ends June 30, and at December 31, 2005)
(full-time
        equivalent employees)
(Dollars
        in millions)
Source:  FDIC
14
        Employees
$0
        Assets
27
        Employees
$681M
        Assets
20
        Employees
$273M
        Assets
2001                 2002               
        2003               2004                 2005                 2005
June
        30,                                                           December
        31,
Bank
        Industry
        Average
12
Strong
        Track Record
        of Growth
13
*
*
At
        each fiscal year end June 30.
        Most recently, there were 21,149 accounts at 12/31/05
Strong
        Track Record
        of Growth
14
*
At
        each fiscal year end June 30.
        Most recently, assets totaled $681.5 million at 12/31/05
*
Strong
        Track Record
        of Growth
15
*
        - For each fiscal year ended June
        30. For the six months ended 12/31/05 and 12/31/04, net
interest income was
        $4.9 million and $4.3 million, respectively.
*
$1,162
$3,497
$5,088
$6,530
$8,969
$0
$2,000
$4,000
$6,000
$8,000
$10,000
2001
2002
2003
2004
2005
Net
        Interest Income
($
        in thousands)
Strong
        Track Record
        of Growth
16
*
*
        - For each fiscal year ended June
        30. For the six months ended 12/31/05 and 12/31/04, net
income
        was $1.6 million and $1.2 million, respectively.
$(1,082)
$1,020
$1,730
$2,175
$2,869
$(1,100)
$(100)
$900
$1,900
$2,900
$3,900
2001
2002
2003
2004
2005
Net
        Income
($
        in
        thousands)
Multifamily
        mortgages – 71%
Single family
        mortgage – 13%
Commercial
        real
        estate loans –
2%
Mortgage-backed
        securities –
14%
FNMA,
        FHLMC,
        GNMA
Investment
        in High
        Quality Assets
Investments
        by
        Type
December
        31,
        2005
17
Geographic
        Breakdown
Mortgage
        Loans
As
        of December 31,
        2005
18
History
        of Quality
        Assets
Since
        inception
        though
December 31, 2005, BOFI
has had no mortgage-loan:
Write-offs
Foreclosure
        sales
Restructurings
Three
        loans
        classified in five
year history
Loan
        portfolio is
        supported by
exceptional LTVs
19
Stable
        Deposit Base,
Managed Interest Rate Risk
More
        than 21,000
        online deposit
customers
37%
        of accounts are
        checking and
savings
57%
        of all checking
        and savings
accounts opened between July 1,
2002 and June 30, 2005 are
        still open
82%
        of all Senior
        checking accounts
opened between July 1, 2002 and
June 30, 2005 are
        still open
FHLB
        Advances -
Principally
        used as
        a
hedging vehicle
-
Weighted-average
        rate
of 3.77% and maturity of 26 months at
December 31, 2005
20
Capital
        Structure
Initial
        Public
        Offering - March 2005
Added
        $31.3 million
        in equity and 3,052,174 common shares; 37%
of total shares outstanding of
        8,193,906
Provides
        capital to
        grow bank
Dividends
No
        dividends paid on
        common shares
$6.6
        million in
        convertible preferred with 6% dividend, after Dec.
2005, $1.5 million
        converted to common at $10.50 per share
Stock
        Options
Under
        FASB 123R
        start expensing stock options effective 7/1/05.
Operating
        results
        for the quarter and six-month periods ended
12/31/05 included stock option
        and stock grant expense of
$105,000 and $195,000, respectively.
21
Banking
        Environment
        Challenges
Maintain
        Net
        Interest Margin
In
        the near term,
        until the flattening yield curve reverses, BofI net interest
margins will
        narrow with asset growth
BofI's
        low cost
        structure, compared to traditional banks of similar asset size,
allows
        profit with a smaller net interest margin and better opportunity to
deploy
        excess capital
Risk
        Premiums and
        Competition for Mortgage Loans
Many
        mortgage
        lenders have relaxed credit standards
BofI's
        low overhead
        loan origination structure reduces pressure to originate
loans for portfolio
        and promotes selective purchases of whole loans and MBS
Real
        Estate Bubble?
        BofI Reduces Risk by:
No
        subprime lending
Low
        loan to value
        and geographic diversification
22
Quarterly
        Financial
        Data
23
*
*
        - Diluted
        EPS reduced by 3,052,174 shares issued in IPO
YoY
2004
2005
%
        Chg
Net
        Income
        (000s)
514
750
46%
Diluted
        Earnings Per
        Share
0.08
0.08
0%
Return
        on Avg Common
        Stockholders' Equity
6.30
4.14
-34%
Efficiency
        Ratio
        (1)
58.3
50.5
-13%
Total
        Assets
        (000s)
513,108
$
681,492
$
33%
Loans
        Held For
        Investment (000s)
417,915
$
545,208
$
30%
Total
        Deposits
        (000s)
320,019
$
399,387
$
25%
Book
        Value Per
        Common Share
5.74
$
7.61
$
33%
(1)
        Non-interest
        expense divided by the sum of net interest income and non-interest
        income.
December
        31,
For
        or At the
        Quarter Ended
Selected
        Annual
        Financial Data
and BOFI Goals
24
For
        or At
        the Year Ended
YoY
2004
2005
%
        Chg
Goals
Net
        Income
        (000s)
2,175
$
2,869
$
32%
Diluted
        Earnings Per Share
0.39
$
0.40
$
3%
Return
        on
        Avg Common Stockholders' Equity
8.42%
6.73%
-20%
10.00%
Efficiency
        Ratio (1)
49.47%
48.05%
-3%
40.00%
Total
        Assets
        (000s)
405,039
$
609,508
$
50%
$
        1
        Billion
Loans
        Held
        For Investment (000s)
355,261
$
486,872
$
37%
Total
        Deposits (000s)
269,841
$
361,051
$
34%
Book
        Value
        Per Common Share
5.57
$
7.47
$
34%
(1)
        Non-interest expense divided by the sum of net interest income and non-interest
        income.
June
        30,
Growth
        Strategy –
Next Two Years
Build
        Bank Size and
        Efficiency
Use
        IPO capital to
        grow to $1 billion
Improve
        efficiency
        ratio to 40% or lower
Improve
        ROE to 10%
        or greater
Expand
        Product
        Capabilities
Add
        key consumer
        loan product personnel
Expand
        online and
        back office systems
Test
        demographic
        branding
Leverage
        Growing
        Online Customer Base, Affiliations and
Nationwide Lending
Double
        online
        customers from 20K to 40K
In
        addition to
        residential mortgage lending, select specialty consumer
financial
        product(s)
Expand
        marketing and
        cross selling opportunities
25
Experienced
        Management Team
Gary
        Lewis
        Evans
President
        and CEO
30
        + years management experience in commercial and savings banking
Andrew
        Micheletti
Vice
        President and CFO
25
        + years experience in financial management, accounting and auditing
Terry
        M.
        Harris
VP
        and
        Chief Credit Officer
25
        + years experience in retail banking, consumer credit and residential
        lending
Patrick
        A.
        Dunn
VP
        and
        Multifamily Lending Officer
15
        + years experience in commercial and savings banking
Michael
        J.
        Berengolts
VP
        and
        Chief Technology Officer
10
        + years experience in technology and information systems management
26
Investment
        Highlights
27
The
        Internet creates
        an opportunity for a more
efficient banking model
BofI
        has a unique,
        low-cost and scalable
operating model
Proprietary
        software
        and technology
Strong
        record of
        growth and profitability
Portfolio
        of high
        quality assets nationwide
Attractive
        valuation
– price to book value of .94
SIGNATURES
Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.
B
                of I HOLDING, INC.
Date:
                February 14, 2006
By:
/s/
                Gary Lewis Evans
Gary
                Lewis Evans
President
                and Chief Executive Officer