Citations from Bankrate Memorandum:
"We have come to believe that, as of December 31, 2004, this institution exhibited a significantly below average condition, characterized by lower then normal overall, sustainable profitability, good asset quality, below standard capitalization, and lower than normal liquidity. "
"We have concluded that, for the full year of 2004, the company achieved below average return on equity, and, in fact, sustained an actual net loss, as noted previously. A mid-range differential between asset yield and funding expense; solid levels of noninterest income; and higher than average overhead ratios have combined to impact operations for the period. "
"Bankrate.comSM evaluates the financial condition of institutions and assigns a 0-to-5 rating with 5 stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of 3 or better stars with the majority of banks falling into the 3 to 4 star range. An institution with a "U" rating may be too new to rate. The "U" is not any indication of financial strength or weakness. The Safe & SoundSM Rating is believed to be reliable but the information is not guaranteed. In addition, events since the information was collected may have altered an institution's financial condition"