Officer Richard L. Conniff stated, 'In the face of challenging economic conditions, Focus Business Bank achieved growth in loans and deposits during the second quarter of 2008. The Bank's solid capital position and strong credit quality allowed us to

1,241,936 $ 1,626,780 Warehouse lines of credit (2) 183,295 255,777 Revolving credit facility 404,730 227,065 Senior secured term loans 2,080,750 1,787,000 Other debt(4) 61,180 57,564 Notes payable on real estate (5) 586,401 466,032 Deferred compensation

or $0.73 per share (includes 71,504 dilutive shares). -- Portfolio Performance: -- The Company had two non performing loans at quarter end: * Macklowe -- $50 million mezzanine loan (recorded as a $123 million loan on the Company's balance sheet with an

or $0.73 per share (includes 71,504 dilutive shares). -- Portfolio Performance: -- The Company had two non performing loans at quarter end: * Macklowe -- $50 million mezzanine loan (recorded as a $123 million loan on the Company's balance sheet with an

or $0.73 per share (includes 71,504 dilutive shares). -- Portfolio Performance: -- The Company had two non performing loans at quarter end: * Macklowe -- $50 million mezzanine loan (recorded as a $123 million loan on the Company's balance sheet with an

- which closed at $1.69 on Friday - was worth almost $40 a share in mid-2006. PFF made loans to housing developers who got stung by the subprime mortgage crisis. Private equity has already come to PFF's rescue. The bank recently sold $60million worth of

real estate and consumer loan portfolios, including a significant concentration in California; the potential unavailability of single family loans for bulk purchase; the portion of the single family loan portfolio that is less than one year old; fraud

or $0.73 per share (includes 71,504 dilutive shares). -- Portfolio Performance: -- The Company had two non performing loans at quarter end: * Macklowe -- $50 million mezzanine loan (recorded as a $123 million loan on the Company's balance sheet with an

or $0.73 per share (includes 71,504 dilutive shares). -- Portfolio Performance: -- The Company had two non performing loans at quarter end: * Macklowe -- $50 million mezzanine loan (recorded as a $123 million loan on the Company's balance sheet with an

assets $ 354,400 $ 344,487 =========== =========== LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Current maturities of long-term bank loans $ 3,000 $ -- Trade payables 12,129 8,849 Other payables and accrued expenses 24,405 28,780 Total