I am pleased to present an update on the progress of First NBC Bank. There have been a number of events which provide the opportunity for the bank to continue its rapid growth and expansion.  We expect the future to continue to show significant returns and we will continue to offer quality customer service. 

Results of Operations
As of September 30, 2007, the bank reached $343MM in total assets; an increase of $251MM or 273% since September 30, 2006.  The Bank’s operating results reflect a steady trend of improvement. Our gross interest income for the nine months exceeded $10MM and our net interest income was $4.9MM. We expect significant non-interest income enhancement in 2008.  Our non-interest expense remains...