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      &lt;font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"&gt;The

      preparation of financial statements in conformity with U.S.

      generally accepted accounting principles requires management

      to make estimates and assumptions that affect the reported

      amounts of assets and liabilities and the disclosure of

      contingent assets and liabilities at the date of the

      financial statements and the reported amounts of income and

      expenses during the reporting period. Actual results could

      differ from those estimates.&amp;#160;&amp;#160;Material estimates

      that are particularly susceptible to significant change in

      the near term relate to the determination of the allowance

      for losses on loans and the evaluation of deferred

      taxes.&lt;/font&gt;

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