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Charter Financial Corporation (OTCBB: CHFN) is the parent of CharterBank, a full-service community bank and federal savings institution. CharterBank is headquartered in West Point, Georgia, and operates its branches and loan offices on the I-85 corridor from LaGrange, Georgia, to Auburn, Alabama. Charter Financial, the parent, has been approximately 80 percent owned by MHC, a federal mutual holding company. However, on 12/15/09 CFC announced that the Boards of all its related companies adopted a Plan of Conversion to reorganize from the two-tier mutual holding company structure to a stock holding company. Therefore, it is undertaking a "second-step" common stock offering. The company announced it intends to use part of the proceeds from the offering to acquire financial institutions, especially troubled ones, with FDIC assistance. On March 26, 2010, CHFN announced CharterBank agreed with the FDIC to purchase certain assets and assume the deposits and certain other liabilities of McIntosh Commercial Bank in Carroliton, Georgia. Additional information is available on the company’s website, www.charterbank.net . MidWestOne Financial Group, Incorporated ( MOFG ) based in Iowa City is a holding company for the $1.54 billion asset MidWestOne Bank with 29 offices plus its specialized Home Loan Center in 15 counties and 20 Iowa cities throughout central and east-central Iowa and MidWestOne Insurance Services, Incorporated that provides personal and business insurance services in three Iowa cities. The common stock is traded on the NASDAQ Global Select Market under the symbol MOFG. The bank's deposits at March 31, 2010, totaled $1.2 billion and it had loans outstanding totaling $955 million, excluding loan pool participations and loans held for sale. First quarter net income available to common stock shareholders equaled $1.8 million, or 21 cents per diluted share, tangible common equity amounted to $14.70 a share. The company's recent stock price of $16.50 gave it a total market value of about $142 million based on 8.61 million common shares outstanding. The company paid a quarterly cash dividend of five cents a share on June 15, 2010. OPERATING STRATEGY The company's strategy is based upon a sophisticated community banking model delivering a complete line of financial products and services while following three guiding principles: hire excellent employees; take care of customers; and conduct business with the utmost integrity. Management believes the personal and professional service offered to customers provides an appealing alternative to the "megabanks" that have resulted from out-of-state national banks acquiring Iowa-based community banks yet management believes its size, combined with its complete line of financial products and services, is sufficient to effectively compete in its markets. To remain price competitive, management believes the company must manage expenses and remain disciplined in its asset/liability management practices. There is a White Paper on the company's participation in loan pools available upon request.

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