8-K

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): July 23, 2010

VIEWPOINT FINANCIAL GROUP, INC.

(Exact name of registrant as specified in its charter)

United States	001-34737	27-2176993
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1309 W. 15th Street, Plano, Texas	75075
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (972) 578-5000

N/A

(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. Results of Operations and Financial Condition.

On July 23, 2010, the Registrant announced second quarter and year-to-date 2010 earnings. The press release is attached to this report as Exhibit 99.1, which is incorporated herein by reference.

ITEM 8.01. Other Events.

On July 23, 2010, the Registrant announced a quarterly cash dividend of 4 cents per share, payable on August 19, 2010, to shareholders of record as of the close of business on August 5, 2010. This $0.04 per share cash dividend represents a 12% increase over the dividend paid by ViewPoint Financial Group in the second quarter, once that $0.05 per share second quarter dividend is adjusted by the 1.40:1 exchange ratio applied to ViewPoint Financial Group shares as part of our conversion and related stock offering completed on July 6, 2010. The press release is attached to this report as Exhibit 99.2, which is incorporated herein by reference.

ITEM 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 Press release announcing earnings dated July 23, 2010

Exhibit 99.2 Press release announcing dividend dated July 23, 2010

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.

	VIEWPOINT FINANCIAL GROUP, INC.
Date: July 26, 2010	By:	/s/ Pathie E. McKee
		Pathie E. McKee, Executive Vice
		President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
Exhibit 99.1	Press release announcing earnings dated July 23, 2010
Exhibit 99.2	Press release announcing dividend dated July 23, 2010

EX-99.1

EXHIBIT 99.1

Contact: Mark Hord
ViewPoint Financial Group, Inc.
972-578-5000, Ext. 7440 FOR IMMEDIATE RELEASE
July 23, 2010

ViewPoint Financial Group, Inc. Reports Second Quarter 2010 Earnings
Quarterly EPS of $0.13 Highest Since Becoming Public Company

PLANO, Texas, July 23, 2010 — ViewPoint Financial Group, Inc. (NASDAQ: VPFG/VPFGD), the holding company for ViewPoint Bank, announced financial results today for its predecessor entity, ViewPoint Financial Group (the “Company”), for the three and six month periods ended June 30, 2010. Detailed results of the quarter will be available in ViewPoint Financial Group, Inc.’s Quarterly Report on Form 10-Q, which we expect to be filed on July 26, 2010, and posted on our websites, http://viewpointbank.com and http://viewpointfinancialgroup.com. References to the Company in this document refer to ViewPoint Financial Group, ViewPoint Financial Group, Inc., and ViewPoint Bank, as the context requires.

Performance Highlights

• Shareholders and depositors approved plan of conversion and reorganization: In June 2010, the Company’s shareholders and ViewPoint Bank’s depositors approved the plan of conversion and reorganization, and the conversion and offering was completed on July 6, 2010.

• EPS of $0.13 the highest since becoming public company: Basic and diluted quarterly earnings per share of $0.13, up $0.02 from last quarter and up $0.29 from the same period last year, is our highest quarterly EPS since becoming a public company in 2006.

• NPA ratio below 1.00%: Our non-performing assets to total assets ratio was 0.85% at June 30, 2010, outperforming the SNL Bank and Thrift industry index of 2.72%.

• Net charge-offs declined by 50%: Net charge-offs for the three months ended June 30, 2010, decreased $494,000, or 49.6%, from the same period last year.

• Continued loan growth: Warehouse Purchase Program and commercial non-mortgage loans helped gross loans (including loans held for sale) increase by $161.1 million, or 11.0%, from December 31, 2009.

• Deposit growth of $152.4 million: Deposits increased by $152.4 million, or 8.5%, from December 31, 2009, primarily due to growth of $123.1 million in interest bearing demand accounts.

“We are pleased to report continued earnings improvement and our new status as a full-stock company,” said Gary Base, President and Chief Executive Officer. “Many thanks to the shareholders, depositors and employees who made our reorganization possible. We look forward to taking advantage of new opportunities for growth in the months and years ahead.”

Results of Operations for the Three and Six Months Ended June 30, 2010

Net income for the three months ended June 30, 2010, was $3.2 million, an increase of $7.0 million from a net loss of $3.8 million for the three months ended June 30, 2009. The net loss for the three months ended June 30, 2009, resulted from a $7.8 million (net of tax, using a tax rate of 34%) impairment charge on the Company’s collateralized debt obligations. These collateralized debt obligations were sold in June 2009, eliminating this type of investment from the Company’s books. Net income excluding this impairment charge for the three months ended June 30, 2009, was $3.9 million. The $748,000 decrease in net income in the June 30, 2010, period compared to June 30, 2009, results, excluding the 2009 impairment charge, was driven by lower non-interest income and higher provision for loan losses for the three months ended June 30, 2010, and was partially offset by higher net interest income and lower non-interest expense. Our basic and diluted earnings per share for the three months ended June 30, 2010, increased $0.29 from the three months ended June 20, 2009, to $0.13, which is the highest quarterly earnings per share the Company has recorded since becoming public in 2006.

Page 1 of 7

Net income for the six months ended June 30, 2010, was $5.9 million, an increase of $8.5 million from a net loss of $2.6 million for the six months ended June 30, 2009. Net income excluding an $8.1 million (net of tax) impairment charge for the six months ended June 30, 2009, was $5.5 million. The $406,000 increase in net income in the June 30, 2010, period compared to June 30, 2009, results, excluding the 2009 impairment charge on collateralized debt obligations, was driven by higher net interest income and lower non-interest expense and was partially offset by higher provision for loan losses and lower non-interest income. The decrease in non-interest income was primarily due to lower net gains on sale of loans during the six months ended June 30, 2010, compared to the same period last year and a $2.4 million gain on the sale of available for sale securities during the six months ended June 30, 2009, with no similar transaction in the 2010 period. Our basic and diluted earnings per share for the six months ended June 30, 2010, increased to $0.24 from a loss per share of $.11 for the six months ended June 30, 2009.

Net Interest Rate Spread and Margin

The net interest rate spread increased one basis point to 2.46% for the three months ended June 30, 2010, from 2.45% for the same period last year. The net interest margin decreased seven basis points to 2.73% for the three months ended June 30, 2010, from 2.80% for the three months ended June 30, 2009.

The net interest rate spread increased six basis points to 2.43% for the six months ended June 30, 2010, from 2.37% for the same period last year. The net interest margin decreased four basis points to 2.71% for the six months ended June 30, 2010, from 2.75% for the six months ended June 30, 2009.

Financial Condition as of June 30, 2010

Total assets increased by $385.0 million, or 16.2%, to $2.76 billion at June 30, 2010, from $2.38 billion at December 31, 2009. The rise in total assets was primarily due to a $163.4 million increase in loans held for sale, a $117.8 million increase in securities available for sale and a $79.0 million increase in interest bearing deposits in other financial institutions. Asset growth was funded by a $152.4 million increase in deposits and a $132.3 million increase in FHLB advances.

Loan Portfolio and Asset Quality

The Company’s mortgage subsidiary, VPBM, originated $126.6 million in one-to four-family mortgage loans during the three months ended June 30, 2010, and sold $92.4 million to investors, generating a net gain on sale of loans of $3.2 million. Also, $9.8 million in VPBM-originated loans were retained in our portfolio. Commercial real estate loans increased by $26.9 million, or 5.9%, from December 31, 2009. Our commercial real estate portfolio consists almost exclusively of loans secured by existing, multi-tenanted commercial buildings. 89% of our commercial real estate loan balances are secured by properties located in Texas, a market that has not experienced the same economic pressures currently being experienced in other geographic areas.

The percentage of non-performing loans to total loans at June 30, 2010, was 1.71%, compared to 1.13% at December 31, 2009. Non-performing loans increased by $6.4 million, from $12.7 million at December 31, 2009, to $19.1 million at June 30, 2010. The increase in non-performing loans was primarily due to the addition of three commercial real estate loans totaling $8.1 million that were placed on nonaccrual. The non-performing asset ratio for June 30, 2010 was 0.85%, which remains well below the SNL Bank and Thrift industry index of 2.72%.

The provision for loan losses was $1.9 million for the three months ended June 30, 2010, an increase of $394,000, or 26.4%, from $1.5 million for the same time last year. This increase was primarily due to a higher level of non-performing loans. This increase in the provision was partially offset by a decrease in net charge-offs of $493,000 over the same period last year and minimal loan growth. The provision for loan losses was $3.0 million for the six months ended June 30, 2010, an increase of $98,000, or 3.3%, from $2.9 million for the same time last year. Our resulting allowance for loan losses increased from $12.3 million, or 1.10% of gross loans, at December 31, 2009, to $14.3 million, or 1.28%, of gross loans, at June 30, 2010.

Page 2 of 7

Conversion, Reorganization and Related Stock Offering

On July 6, 2010, we completed our conversion from the mutual holding company structure and related public stock offering. As a result of that conversion, ViewPoint Bank has a new stock form holding company, ViewPoint Financial Group, Inc., that is wholly owned by public shareholders. All outstanding shares of ViewPoint Financial Group common stock (other than those owned by ViewPoint MHC) were converted into the right to receive 1.40 shares of ViewPoint Financial Group, Inc. common stock. ViewPoint Financial Group, Inc. sold a total of 19,857,337 shares of common stock at a purchase price of $10.00 per share in the offering, including 1,588,587 shares purchased by the ViewPoint Bank Employee Stock Ownership Plan. The offering resulted in proceeds of $198.6 million, which includes ESOP proceeds of $15.9 million. Following the conversion, ViewPoint Financial Group, Inc. had 34,864,800 shares of common stock outstanding. The below table shows earnings per share on a pro-forma basis assuming that the conversion had taken place at the beginning of the periods set forth below and that we maintained the same number of shares outstanding throughout each period.

	Three Months Ended			Six Months Ended
	June 30, 2010			June 30, 2010
	(Dollar amounts in thousands, except share
	and per share data)
Shares outstanding after conversion		34,864,800			34,864,800
Less: unvested restricted shares		(243,705	)		(243,705	)
Less: existing unearned ESOP shares		(789,286	)		(789,286	)
Less: new unearned ESOP shares		(1,588,587	)		(1,588,587	)
		32,243,222			32,243,222
Net income	$	3,196		$	5,901
Pro forma earnings per share after conversion	$	0.10		$	0.18

About ViewPoint Financial Group, Inc.

ViewPoint Financial Group, Inc. is the holding company for ViewPoint Bank. ViewPoint Bank operates 23 community bank offices and 16 loan production offices. For more information, please visit www.viewpointbank.com or www.viewpointfinancialgroup.com.

When used in filings by the Company with the Securities and Exchange Commission (the “SEC”), in the Company’s press releases or other public or shareholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “intends” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, including, among other things, changes in economic conditions, legislative changes, changes in policies by regulatory agencies, fluctuations in interest rates, the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses, the Company’s ability to access cost-effective funding, fluctuations in real estate values and both residential and commercial real estate market conditions, demand for loans and deposits in the Company’s market area, competition, changes in management’s business strategies and other factors set forth under Risk Factors in our Form 10-K, that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company wishes to advise readers that the factors listed above could materially affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements.

The Company does not undertake — and specifically declines any obligation — to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Page 3 of 7

VIEWPOINT FINANCIAL GROUP AND SUBSIDIARY
Condensed Consolidated Statements of Condition
(In thousands)

	June 30,		December 31,
	2010		2009
	(unaudited)
ASSETS
Total cash and cash equivalents	$	131,086	$	55,470
Securities available for sale, at fair value		601,888		484,058
Securities held to maturity		280,515		254,724
Mortgage loans held for sale		504,858		341,431
Loans, net of deferred net loan origination fees and allowance of $14,315 — June 30, 2010, $12,310 — December 31, 2009		1,104,141		1,108,159
Federal Home Loan Bank stock		19,680		14,147
Bank-owned life insurance		28,287		28,117
Premises and equipment, net		49,318		50,440
Accrued interest receivable and other assets		44,688		42,958
Total assets	$	2,764,461	$	2,379,504
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits
Non-interest bearing demand		185,381		193,581
Interest bearing demand		391,129		268,063
Savings and money market		722,656		701,835
Time		649,912		633,186
Total deposits		1,949,078		1,796,665
Federal Home Loan Bank advances		444,835		312,504
Repurchase agreement and other borrowings		35,000		35,000
Accrued interest payable and other liabilities		122,668		29,653
Total liabilities		2,551,581		2,173,822
Total shareholders’ equity		212,880		205,682
Total liabilities and shareholders’ equity	$	2,764,461	$	2,379,504

Page 4 of 7

VIEWPOINT FINANCIAL GROUP AND SUBSIDIARY
Condensed Consolidated Statements of Income (Loss)
(In thousands except per share data)

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2010		2009			2010		2009
Interest and dividend income	(unaudited)
Loans, including fees	$	21,637	$	21,224		$	42,010	$	41,962
Securities		5,931		5,913			11,649		12,627
Interest bearing deposits in other financial institutions		129		169			277		228
Federal Home Loan Bank stock		15		3			32		3
		27,712		27,309			53,968		54,820
Interest expense
Deposits		7,889		8,714			15,518		17,859
Federal Home Loan Bank advances		3,022		3,585			6,161		7,361
Other borrowings		354		195			703		325
		11,265		12,494			22,382		25,545
Net interest income		16,447		14,815			31,586		29,275
Provision for loan losses		1,888		1,494			3,034		2,936
Net interest income after provision for loan losses		14,559		13,321			28,552		26,339
Net gain on sales of loans		3,165		5,331			5,820		9,037
Other non-interest income (loss)		5,004		(4,123	)		9,905		(400	)
Non-interest expense		18,002		19,951			35,561		38,570
Income (loss) before income tax expense (benefit)		4,726		(5,422	)		8,716		(3,594	)
Income tax expense (benefit)		1,530		(1,591	)		2,815		(1,007	)
Net income (loss)	$	3,196	$	(3,831	)	$	5,901	$	(2,587	)
Basic and diluted earnings (loss) per share	$	0.13	$	(0.16	)	$	0.24	$	(0.11	)

Page 5 of 7

VIEWPOINT FINANCIAL GROUP AND SUBSIDIARY
Selected Financial Data
(Dollar amounts in thousands, except share and per share data)

	(unaudited)
	Three Months Ended															Six Months Ended
	June			Mar			Dec			Sept			June			June			June
	2010			2010			2009			2009			2009			2010			2009
Share Data for Earnings per Share Calculation:1
Weighted average common shares outstanding		24,918,453			24,929,157			24,929,157			24,929,157			24,929,157			24,923,775			24,929,157
Less: average unallocated ESOP shares		(579,142	)		(602,575	)		(626,017	)		(649,537	)		(672,886	)		(590,794	)		(684,538	)
Less: average unvested restricted shares		(221,176	)		(258,118	)		(260,118	)		(260,118	)		(307,219	)		(239,545	)		(325,588	)
Average shares		24,118,135			24,068,464			24,043,022			24,019,502			23,949,052			24,093,436			23,919,031
Diluted average shares		24,118,135			24,068,464			24,043,022			24,019,502			23,949,052			24,093,436			23,919,031
Net income (loss)	$	3,196		$	2,705		$	2,364		$	2,893		$	(3,831	)	$	5,901		$	(2,587	)
Earnings (loss) per share	$	0.13		$	0.11		$	0.10		$	0.12		$	(0.16	)	$	0.24		$	(0.11	)
Share data at period-end:1
Total shares issued		26,208,958			26,208,958			26,208,958			26,208,958			26,208,958			26,208,958			26,208,958
Less: Treasury stock		(1,305,435	)		(1,279,801	)		(1,279,801	)		(1,279,801	)		(1,279,801	)		(1,305,435	)		(1,279,801	)
Total shares outstanding		24,903,523			24,929,157			24,929,157			24,929,157			24,929,157			24,903,523			24,929,157
Location Data:
Number of full-service community bank offices		21			21			21			21			20			21			20
Number of in-store banking centers		2			2			2			2			3			2			3
Total community bank offices		23			23			23			23			23			23			23
Number of loan production offices		16			15			15			16			15			16			15
Performance Ratios 2:
Return on assets		0.50	%		0.45	%		0.40	%		0.51	%		-0.68	%		0.48	%		-0.23	%
Return on equity		5.89	%		5.23	%		4.65	%		5.78	%		-7.86	%		5.59	%		-2.65	%
Non-interest income to operating revenues		22.77	%		22.35	%		24.58	%		26.94	%		2.86	%		22.56	%		13.61	%
Operating expenses to average total assets		2.82	%		2.92	%		3.09	%		3.16	%		3.54	%		2.87	%		3.43	%
Efficiency ratio 3		73.13	%		77.37	%		75.12	%		75.45	%		71.76	%		75.16	%		76.90	%
Capital Ratios:
Equity to total assets		7.70	%		8.42	%		8.64	%		8.58	%		8.65	%		7.70	%		8.65	%
Risk-based capital to risk-weighted assets 4		14.55	%		15.28	%		15.27	%		14.33	%		13.83	%		14.55	%		13.83	%
Tier 1 capital to risk-weighted assets 4		13.64	%		14.37	%		14.39	%		13.60	%		13.14	%		13.64	%		13.14	%

1	Per share information is based on shares outstanding as of dates indicated and does not reflect effects of conversion and reorganization.
2	With the exception of end of period ratios, all ratios are based on average monthly balances and are annualized where appropriate.
3	Calculated by dividing total noninterest expense by net interest income plus noninterest income, excluding impairment on securities.
4	Calculated at the ViewPoint Bank level, which is subject to capital adequacy requirements by the Office of Thrift Supervision.

Page 6 of 7

VIEWPOINT FINANCIAL GROUP AND SUBSIDIARY
Selected Financial Data, continued
(Dollar amounts in thousands, except share and per share data)

	(unaudited)															As of or For the Six Months
	As of or For the Three Months Ended															Ended
	June			Mar			Dec			Sept			June			June			June
	2010			2010			2009			2009			2009			2010			2009
Asset Quality Data and Ratios:
Non-performing loans	$	19,088		$	11,975		$	12,653		$	14,640		$	7,337		$	19,088		$	7,337
Non-performing assets to total assets		0.85	%		0.61	%		0.70	%		0.67	%		0.40	%		0.85	%		0.40	%
Non-performing loans to total loans 1		1.71	%		1.07	%		1.13	%		1.30	%		0.62	%		1.71	%		0.62	%
Allowance for loan losses to non-performing loans		74.99	%		107.97	%		97.29	%		74.83	%		136.24	%		74.99	%		136.24	%
Allowance for loan losses to total loans 1		1.28	%		1.15	%		1.10	%		0.97	%		0.84	%		1.28	%		0.84	%
Average Balances:
Loans 2	$	1,461,923		$	1,364,502		$	1,420,831		$	1,406,372		$	1,429,924		$	1,413,161		$	1,444,820
Securities		865,662			782,093			758,054			619,359			612,573			823,878			633,974
Overnight deposits		82,157			113,512			57,516			132,937			74,415			98,261			51,204
Total interest earning assets		2,409,742			2,260,107			2,236,401			2,158,668			2,116,912			2,335,300			2,129,998
Deposits:
Interest bearing demand	$	356,048		$	284,063		$	231,817		$	180,997		$	137,302		$	320,055		$	120,842
Savings and money market		723,929			700,001			695,117			674,768			667,376			711,965			655,796
Time		662,139			657,090			650,055			659,951			672,779			659,614			667,599
FHLB advances and other borrowings		366,668			342,336			359,436			354,095			365,950			354,502			392,051
Total interest bearing liabilities	$	2,108,784		$	1,983,490		$	1,936,425		$	1,869,811		$	1,843,407		$	2,046,136		$	1,836,288
Yields:
Loans		5.92	%		5.97	%		5.97	%		5.98	%		5.94	%		5.95	%		5.81	%
Securities		2.75	%		2.93	%		3.05	%		3.26	%		3.86	%		2.84	%		3.98	%
Overnight deposits		0.63	%		0.52	%		0.76	%		0.95	%		0.91	%		0.56	%		0.89	%
Total interest earning assets		4.60	%		4.65	%		4.85	%		4.89	%		5.16	%		4.62	%		5.15	%
Deposits:
Interest bearing demand		2.47	%		2.27	%		2.29	%		2.16	%		1.86	%		2.38	%		1.73	%
Savings and money market		1.36	%		1.48	%		1.56	%		1.73	%		1.81	%		1.42	%		1.95	%
Time		1.95	%		2.08	%		2.42	%		2.82	%		3.01	%		2.01	%		3.12	%
FHLB advances and other borrowings		3.68	%		4.08	%		4.01	%		4.10	%		4.13	%		3.87	%		3.92	%
Total interest bearing liabilities		2.14	%		2.24	%		2.39	%		2.60	%		2.71	%		2.19	%		2.78	%
Net interest spread		2.46	%		2.41	%		2.46	%		2.29	%		2.45	%		2.43	%		2.37	%
Net interest margin		2.73	%		2.68	%		2.78	%		2.63	%		2.80	%		2.71	%		2.75	%

1	Total loans does not include loans held for sale.
2	Includes loans held for sale

Page 7 of 7

EX-99.2

EXHIBIT 99.2

Contact: Mark Hord
ViewPoint Financial Group, Inc.
972-578-5000, Ext. 7440 FOR IMMEDIATE RELEASE
July 23, 2010

ViewPoint Financial Group, Inc. Announces Quarterly Cash Dividend

PLANO, Texas, July 23, 2010 — ViewPoint Financial Group, Inc. (NASDAQ:VPFG/VPFGD), the holding company for ViewPoint Bank, today announced a quarterly cash dividend of $0.04 per share. The cash dividend is payable on August 19, 2010, to shareholders of record as of the close of business on August 5, 2010.

This $0.04 per share cash dividend represents a 12% increase over the dividend paid by ViewPoint Financial Group in the second quarter, once that $0.05 per share second quarter dividend is adjusted by the 1.40:1 exchange ratio applied to ViewPoint Financial Group shares as part of our conversion and related stock offering completed on July 6, 2010.

Prior to that conversion, ViewPoint MHC, the owner of approximately 57%, or 14,183,182, of the shares of ViewPoint Financial Group, waived its right to receive dividends from ViewPoint Financial Group. This waiver resulted in a total dividend expense in April 2010 of $537,000. Under our new stock holding company structure, ViewPoint Financial Group, Inc. will pay dividends on a share base of 34,864,800 shares, resulting in a total dividend payout in August 2010 of approximately $1.4 million.

ViewPoint Financial Group, Inc. is the holding company for ViewPoint Bank. ViewPoint Bank operates 23 community bank offices and 16 loan production offices. For more information, please visit www.viewpointbank.com or www.viewpointfinancialgroup.com.

When used in filings by the Company with the Securities and Exchange Commission (the “SEC”), in the Company’s press releases or other public or shareholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “intends” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, including, among other things, changes in economic conditions, legislative changes, changes in policies by regulatory agencies, fluctuations in interest rates, the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses, the Company’s ability to access cost-effective funding, fluctuations in real estate values and both residential and commercial real estate market conditions, demand for loans and deposits in the Company’s market area, competition, changes in management’s business strategies and other factors set forth under Risk Factors in our Form 10-K, that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company wishes to advise readers that the factors listed above could materially affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements.

The Company does not undertake — and specifically declines any obligation — to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.