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)                     November 12, 2010  

Fentura Financial, Inc.

(Exact name of registrant as specified in its charter)

Michigan
(State or other jurisdiction of incorporation)

0-23550	38-2806518
(Commission File Number)	(IRS Employer Identification No.)

175 North Leroy Street
P.O. Box 725
Fenton, Michigan	48430-0725
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code                     (810) 629-2263  

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 1.01 Entry Into A Material Definitive Agreement.

     On November 4, 2010, Fentura Financial, Inc. (the “Company”) entered into a Written Agreement with the Federal Reserve Bank of Chicago (the “FRB”). Among other things, the Written Agreement requires that the Company obtain the approval of the FRB prior to paying a dividend; requires that the Company obtain the approval of the FRB prior to making any distribution of interest, principal, or other sums on subordinated debentures or trust preferred securities; prohibits the Company from purchasing or redeeming any shares of its stock without the prior written approval of the FRB; requires the submission of a written capital plan, and; requires the Company to submit cash flow projections for the Company to the FRB on a quarterly basis.

     The foregoing description is qualified in its entirety by reference to the Written Agreement dated November 4, 2010 which is attached hereto as Exhibit 10.1 and is incorporated herein by this reference.

Item 2.02 Results of Operations and Financial Condition.

     The following information, including the Exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.

     On November 12, 2010, Fentura Financial, Inc. issued a news release to report its financial results for the quarter and nine month period ended September 30, 2010. The release is furnished as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number
	10.1	Written Agreement with the FRB dated November 4, 2010
	99.1	Press Release, dated November 12, 2010

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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.

FENTURA FINANCIAL, INC. (Registrant)
By:	/s/Donald L. Grill
	Donald L. Grill, President and Chief Executive
	Officer

Dated: November 12, 2010

EXHIBIT INDEX

Exhibit Number
	10.1	Written Agreement with the FRB dated November 4, 2010
	99.1	Press Release, dated November 12, 2010

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EX-10.1

EXHIBIT 10.1

UNITED STATES OF AMERICA
BEFORE THE
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
WASHINGTON, D.C.

Written Agreement by and between	Docket No. 10-209-WA/RB-FIC
FENTURA FINANCIAL, INC.
Fenton, Michigan
and
FEDERAL RESERVE BANK OF CHICAGO
Chicago, Illinois

     WHEREAS, Fentura Financial, Inc., Fenton, Michigan (“Fentura”), a registered bank holding company, owns and controls The State Bank, Fenton, Michigan, and West Michigan Community Bank, Hudsonville, Michigan (collectively, the “Banks”), both state nonmember banks, and two nonbank subsidiaries;

     WHEREAS, it is the common goal of Fentura and the Federal Reserve Bank of Chicago (the “Reserve Bank”) to maintain the financial soundness of Fentura so that Fentura may serve as a source of strength to the Banks;

     WHEREAS, Fentura and the Reserve Bank have initially agreed to enter into this Written Agreement (the “Agreement”); and

     WHEREAS, on October 28, 2010, the board of directors of Fentura, at a duly constituted meeting, adopted a resolution authorizing and directing Donald L. Grill to enter into this Agreement on behalf of Fentura, and consenting to compliance with each and every provision of this Agreement by Fentura and its institution-affiliated parties, as defined in sections 3(u) and

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8(b)(3) of the Federal Deposit Insurance Act, as amended (the “FDI Act”) (12 U.S.C. §§ 1813(u) and 1818(b)(3)).

     NOW, THEREFORE, Fentura and the Reserve Bank agree as follows:

Source of Strength

     1. The board of directors of Fentura shall take appropriate steps to fully utilize Fentura’s financial and managerial resources, pursuant to section 225.4 (a) of Regulation Y of the Board of Governors of the Federal Reserve System (the “Board of Governors”) (12 C.F.R. § 225.4(a)), to serve as a source of strength to the Banks, including, but not limited to, taking steps to ensure that The State Bank complies with the Consent Order entered into with the Federal Deposit Insurance Corporation (“FDIC”) and the State of Michigan Office of Financial and Insurance Regulation (“OFIR”) on December 29, 2009, and further, by taking steps to ensure that West Michigan Community Bank complies with the Order to Cease and Desist issued jointly by the FDIC and the OFIR on February 19, 2009, and any other supervisory action taken by the Banks’ federal or state regulator.

Dividends and Distributions

     2. (a) Fentura shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the “Director”) of the Board of Governors.

          (b) Fentura shall not directly or indirectly take dividends or any other form of payment representing a reduction in capital from the Banks without the prior written approval of the Reserve Bank.

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          (c) Fentura and its nonbank subsidiaries shall not make any distributions of interest, principal, or other sums on subordinated debentures or trust preferred securities without the prior written approval of the Reserve Bank and the Director,

          (d) All requests for prior approval shall be received by the Reserve Bank at least 30 days prior to the proposed dividend declaration date. All requests shall contain, at a minimum, current and projected information on Fentura’s capital, earnings, and cash flow; the Bank’s capital, asset quality, earnings, and allowance for loan and lease losses; and identification of the sources of funds for the proposed payment or distribution. For requests to declare or pay dividends, Fentura must also demonstrate that the requested declaration or payment of dividends is consistent with the Board of Governors’ Policy Statement on the Payment of Cash Dividends by State Member Banks and Bank Holding Companies, dated November 14, 1985 (Federal Reserve Regulatory Service, 4-877 at page 4-323).

Capital Plan

     3. Within 60 days of this Agreement, Fentura shall submit to the Reserve Bank an acceptable written plan to maintain sufficient capital at Fentura on a consolidated basis. The plan shall, at a minimum, address, consider, and include:

          (a) The consolidated organization’s and the Banks’ current and future capital requirements, including compliance with the Capital Adequacy Guidelines for Bank Holding Companies: Risk-Based Measure and Tier I Leverage Measure, Appendices A and D of Regulation Y of the Board of Governors (12 C,F.R. Part 225, App. A and D) and the applicable capital adequacy guidelines for the Banks issued by the Banks’ federal regulator;

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          (b) the adequacy of the Banks’ capital, taking into account the volume of classified credits, concentrations of credit, allowance for loan and lease losses, current and projected asset growth, and projected retained earnings;

          (c) the source and timing of additional funds necessary to fulfill the consolidated organization’s and the Banks’ future capital requirements;

          (d) supervisory requests for additional capital at the Banks or the requirements of any supervisory action imposed on the Banks by their federal or state regulator; and

          (e) the requirements of section 225.4(a) of Regulation Y of the Board of Governors that Fentura serve as a source of strength to the Bank.

          4. Fentura shall notify the Reserve Bank, in writing, no more than 45 days after the end of any quarter in which any of Fentura’s capital ratios fall below the approved plan’s minimum ratios. Together with the notification, Fentura shall submit an acceptable written plan that details the steps that Fentura will take to increase Fentura’s capital ratios to or above the approved plan’s minimums.

Debt and Stock Redemption

     5. (a) Fentura shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank. All requests for prior written approval shall contain, but not be limited to, a statement regarding the purpose of the debt, the terms of the debt, and the planned source(s) for debt repayment, and an analysis of the cash flow resources available to meet such debt repayment.

          (b) Fentura shall not, directly or indirectly, purchase or redeem any shares of its stock without the prior written approval of the Reserve Bank.

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Cash Flow Projections

     6. Within 30 days of this Agreement, Fentura shall submit to the Reserve Bank a written statement of its planned sources and uses of cash for debt service, operating expenses, and other purposes (“Cash Flow Projection”) for the first full calendar quarter following the date of this Agreement. For each subsequent calendar quarter, Fentura shall submit to the Reserve Bank a Cash Flow Projection for that calendar quarter at least thirty days prior to the beginning of that quarter.

Regulatory Reports

     7. Fentura shall immediately take steps to ensure that all required regulatory reports and notices filed with the Federal Reserve and the FFIEC accurately reflect Fentura’s financial condition, and are filed in accordance with the applicable instructions for preparation.

Compliance with Laws and Regulations

     8. (a) In appointing any new director or senior executive officer, or changing the responsibilities of any senior executive officer so that the officer would assume a different senior executive officer position, Fentura shall comply with the notice provisions of section 32 of the FDI Act (12 U.S.C. § 1831i) and Subpart H of Regulation Y of the Board of Governors (12 C.F.R. §§ 225.71 et seq.).

          (b) Fentura shall comply with the restrictions on indemnification and severance payments of section 18(k) of the FDI Act (12 U.S.C. § 1828(k)) and Part 359 of the FDIC’s regulations (12 C.F.R. Part 359).

Progress Reports

     9. Within 30 days after the end of each calendar quarter following the date of this Agreement, the board of directors shall submit to the Reserve Bank written progress reports

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detailing the form and manner of all actions taken to secure compliance with the provisions of this Agreement and the results thereof, and a parent company only balance sheet, income statement, and, as applicable, report of changes in stockholders’ equity.

Communications

     10. All communications regarding this Agreement shall be sent to:

(a)	Mr. Joseph J. Turk Assistant Vice President Federal Reserve Bank of Chicago 230 South LaSalle Street Chicago, Illinois 60606
(b)	Mr. Donald L. Grill President & CEO Fentura Financial, Inc. 175 North Leroy Street Fenton, Michigan 48430-0725

Miscellaneous

     11. Notwithstanding any provision of this Agreement, the Reserve Bank may, in its sole discretion, grant written extensions of time to Fentura to comply with any provision of this Agreement.

     12. The provisions of this Agreement shall be binding upon Fentura and its institution-affiliated parties, in their capacities as such, and their successors and assigns.

     13. Each provision of this Agreement shall remain effective and enforceable until stayed, modified, terminated, or suspended in writing by the Reserve Bank.

     14. The provisions of this Agreement shall not bar, estop, or otherwise prevent the Board of Governors, the Reserve Bank, or any other federal or state agency from taking any other action affecting Fentura, the Banks, or any of their current or former institution-affiliated parties and their successors and assigns.

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     15. Pursuant to section 50 of the FDI Act (12 U.S.C. § 1831aa), this Agreement is enforceable by the Board of Governors under section 8 of the FDI Act (12 U.S.C. § 1818).

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the 4^th day of November, 2010.

FENTURA FINANCIAL, INC.		FEDERAL RESERVE BANK OF CHICAGO
By:	/s/ Donald L. Grill	By:	/s/ Mark H. Kawa
	Donald L. Grill President & CEO		Mark H. Kawa Vice President

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EX-99.1

Exhibit 99.1

FENTURA FINANCIAL, INC.
P.O. BOX 725
FENTON, MI 48430-0725

Contact: Donald L. Grill
Fentura Financial, Inc.
(810) 714-3985

November 5, 2010

FENTURA ANNOUNCES THIRD QUARTER RESULTS AND
FEDERAL RESERVE BANK ACTION

     For the quarter ended September 30, 2010, Fentura Financial, Inc. reported an operating loss of $2,337,000, or $1.03 per share. At the close of the third quarter of 2009, Fentura reported an operating loss of $847,000, or $0.38 per share. For both calendar year quarters, extraordinary loan loss provision created the operating losses as many bank borrowers continue to struggle in making their loan repayment obligations. Non-performing asset totals declined $5,777,000 or 16.6% from the end of the third quarter 2009 through 2010. The subsidiary banks have been successful in dealing effectively with non-performing assets, in part, by selling such assets at or near carrying values. According the Fentura CEO Donald L. Grill, “While many of our borrowers continue to experience financial stress because of the recession, we are finally beginning to see some stabilization of property values and an improvement in the financial condition of some borrowers.”

     On a year to date basis, the 2010 operating loss of $5,600,000, or $2.47 per share reflects improvement from the $17,871,000 or $8.13 per share loss in 2009. The improvement in the year to year performance reflects improvement in the bank’s overall asset quality. Similar to the results for the quarter, extraordinary loan loss provision dominated the financial results for both year to date periods.

     Asset quality problems aside, the company has achieved year over year improvement in the areas of net interest margin, non interest income and non interest expense. The 2010 year to date net interest margin of 3.66% reflects a 26 basis point improvement over the margin through the same period in 2009. Similarly, year to date 2010 non interest income of $4,088,000 exceeded the 2009 year to date total by $843,000 or 26.0%. The continued focus on expense control at the subsidiary banks is apparent as total operating expenses declined $1,644,000 on a year to date basis between 2009 and 2010.

     Total assets reflect a sharp decline of $105,614,000 between September 30, 2009 and September 30, 2010. Approximately half of the decline is attributable to the sale of Davison State Bank which took place in April of 2010. The remaining portion of the decline is a result of asset and liability management strategies employed by the banks to reduce the size of the bank balance sheets to maintain adequate levels of capitalization. At September 30, 2010, both subsidiary banks were considered adequately capitalized by regulatory standards. Continued operating losses caused a $3,475,000 decline in shareholders equity on a year to year basis.

     In late October, Fentura received authorization from the Federal Reserve Bank to form a special purpose subsidiary in connection with the planned sale of West Michigan Community Bank. This was the final regulatory approval required in connection with the proposed sale, which is now expected to take place prior to year-end 2010. As announced earlier in the year, Fentura has agreed to sell the bank to private investors in a transaction that will recover a $9,484,000 investment in the bank and provide an approximate $950,000 gain to Fentura. In a simultaneous transaction, Fentura will acquire certain non-performing assets from the bank to be housed and serviced from the newly formed Fentura subsidiary. As the non-performing assets are converted to performing loans or liquidated, the proceeds will be available to strengthen the capital position of The State Bank through paid-in-capital injections by Fentura. It is expected that completion of the sale will also increase the Tier 1 leverage capital ratio of Fentura from 4.61% to 6.58%.

     In an unrelated action, the Federal Reserve Bank of Chicago and Fentura Financial, Inc. have entered into a written agreement designed to strengthen the overall financial condition of the company. Among other things, the agreement calls for a commitment to oversight responsibilities involving the subsidiary banks, stock, debt, dividend and distribution limitations at both the bank and holding company levels, cash flow projections, capital plans and periodic regulatory reporting. A copy of the written agreement is attached as an exhibit to this release.

# # #

CAUTIONARY STATEMENT: This press release contains certain forward-looking statements that involve risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company’s operations, markets, products, services pricing. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Further information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s filing with the Securities and Exchange Commission.

Fentura Financial Inc.
Consolidated Balance Sheets
(Dollars in thousands)
UNAUDITED

	Sep 30			Jun 30			Mar 31			Dec 31			Sept 30
	2010			2010			2010			2009			2009
ASSETS
Cash and cash equivalents
Cash and due from banks	$	14,787		$	15,535		$	17,019		$	18,459		$	18,814
Short term investments		39,700			28,050			28,650			23,650			27,250
Total cash & cash equivalents		54,487			43,585			45,669			42,109			46,064
Securities:
Securities available for sale		54,786			45,604			42,113			43,608			49,405
Securities held to maturity		4,471			4,697			5,453			5,456			5,577
Total securities		59,257			50,301			47,566			49,064			54,982
Loans held for sale		1,877			1,259			1,265			831			1,434
Loans:
Commercial		228,731			244,672			252,231			252,764			270,542
Real estate — construction		15,439			17,578			20,129			26,295			34,072
Real estate — mortgage		23,719			24,465			25,751			28,058			30,829
Consumer		42,806			43,567			45,509			48,313			50,438
Total loans		310,695			330,282			343,620			355,430			385,881
Less: Allowance for loan losses		(15,037	)		(14,227	)		(12,338	)		(10,726	)		(14,485	)
Net loans		295,658			316,055			331,282			344,704			371,396
Bank owned life insurance		7,070			7,318			7,267			7,221			7,138
Bank premises and equipment		15,254			15,471			15,697			15,914			16,111
Federal Home Loan Bank stock		1,900			1,900			1,900			1,900			1,900
Accrued interest receivable		1,582			1,743			1,927			1,813			2,020
Acquisition intangibles		84			105			126			157			189
Other Real Estate Owned		9,003			7,948			8,928			7,967			6,856
Assets of discontinued operations		—			—			37,378			37,919			41,195
Other assets		3,206			9,605			9,989			12,480			5,707
TOTAL ASSETS	$	449,378		$	455,290		$	508,994		$	522,079		$	554,992
LIABILITIES & SHAREHOLDERS’ EQUITY
LIABILITIES
Deposits:
Non-interest bearing deposits		68,361			69,955			65,886			64,530			63,786
Interest bearing deposits		340,882			341,429			362,903			376,245			405,080
Total deposits		409,243			411,384			428,789			440,775			468,866
Short-term borrowings		116			10			67			164			34
Federal Home Loan Bank Advances		5,954			7,954			7,981			7,981			9,981
Subordinated debentures		14,000			14,000			14,000			14,000			14,000
Liabilities of discontinued operations		—			—			34,596			35,217			38,164
Accrued interest, taxes & other liabilities		3,993			4,047			3,318			3,410			4,400
Total liabilities		433,306			437,395			488,751			501,547			535,445
STOCKHOLDERS’ EQUITY
Common stock — no par value
5,000,000 shares authorized		43,002			42,974			42,945			42,913			42,883
Retained earnings		(27,257	)		(24,920	)		(22,140	)		(21,657	)		(22,548	)
Accumulated other comprehensive income (loss)		327			(159	)		(562	)		(724	)		(788	)
Total stockholders’ equity		16,072			17,895			20,243			20,532			19,547
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$	449,378		$	455,290		$	508,994		$	522,079		$	554,992
Common stock shares issued & outstanding		2,289,912			2,276,441			2,267,135			2,248,553			2,225,214
Asset Quality Ratios:
Non-Performing Loans as a % of Total Loans		5.96	%		6.18	%		5.96	%		6.56	%		6.73	%
Allowance for Loan Losses as a % of Non-Performing Loans		80.69	%		69.47	%		60.00	%		45.87	%		56.12	%
Accruing Loans Past Due 90 Days More to Total Loans		0.00	%		0.35	%		0.12	%		0.09	%		0.05	%
Non-Performing Assets as a % of Total Assets		6.45	%		6.87	%		6.52	%		6.96	%		6.27	%
Quarterly Average Balances:
Total Loans		322,276			338,814			356,573			373,415			392,044
Total Earning Assets		414,782			418,691			427,638			448,117			456,172
Total Shareholders’ Equity		18,260			19,870			20,750			20,281			20,167
Total Assets		457,986			477,761			513,830			530,250			562,326
Diluted Shares Outstanding		2,277,406			2,276,441			2,249,917			2,226,745			2,210,613

Fentura Financial Inc.
Consolidated Income Statements
(Dollars in thousands, except per share data)
UNAUDITED

	Three Months ended															Nine months ended
	Sep 30			Jun 30			Mar 31			Dec 31			Sept 30			Sep 30			Sep 30
(prior periods restated with out DSB)	2010			2010			2010			2009			2009			2010			2009
Interest income:
Interest & fees on loans	$	5,030		$	5,200		$	5,306		$	5,665		$	5,936		$	15,536		$	18,399
Interest & dividends on securities:
Taxable		340			297			292			323			403			929			1,213
Tax-exempt		54			104			124			128			136			282			418
Interest on federal funds sold		12			10			5			3			2			27			1
Total interest income		5,436			5,611			5,727			6,119			6,477			16,774			20,031
Interest expense:
Deposits		1,451			1,594			1,817			2,035			2,278			4,862			7,503
Borrowings		203			198			197			220			226			598			829
Total interest expense		1,654			1,792			2,014			2,255			2,504			5,460			8,332
Net interest income		3,782			3,819			3,713			3,864			3,973			11,314			11,699
Provision for loan losses		2,905			3,619			1,790			3,417			1,940			8,314			11,306
Net interest income after provision for loan losses		877			200			1,923			447			2,033			3,000			393
Non-interest income:
Service charges on deposit accounts		378			403			474			532			519			1,255			1,435
Gain on sale of mortgage loans		214			135			93			155			100			442			612
Trust & investment services income		376			338			389			330			458			1,103			1,285
Gain (Loss) on sale of securities		—			75			—			—			12			—			—
Other than temporary impairment loss		(307	)		—			—			(79	)		—			(307	)		—
Income (Loss) on Equity Investment		—			—			—			—			—			—			(1,560	)
Other income and fees		522			607			391			481			391			1,595			1,473
Total non-interest income		1,183			1,558			1,347			1,419			1,480			4,088			3,245
Non-interest expense:
Salaries & employee benefits		2,013			2,063			2,114			1,942			2,129			6,191			6,752
Occupancy		430			431			449			423			428			1,310			1,378
Furniture and equipment		395			386			371			406			385			1,152			1,212
Loan and collection		542			433			557			1,204			984			1,532			2,302
Advertising and promotional		25			45			28			22			39			98			126
Loss on Equity Impairment		—			—			—			9			—			—			—
Loss/(Recovery) on impairment of held for sale operations		—			—			—			—			—			—			—
Other operating expenses		1,242			1,012			1,048			1,271			1,016			3,301			3,458
Total non-interest expense		4,647			4,370			4,567			5,277			4,981			13,584			15,228
Income (loss) from continuing operations before income tax		(2,587	)		(2,612	)		(1,297	)		(3,411	)		(1,468	)		(6,496	)		(11,590	)
Federal income taxes (benefit)		(250	)		53			(327	)		(4,034	)		(332	)		(524	)		5,266
Net income (loss) from continuing operations		(2,337	)		(2,665	)		(970	)		623			(1,136	)		(5,972	)		(16,856	)
Net Income (loss) from discontinued operations, net of tax		—			(115	)		487			267			289			372			(1,015	)
Net Income (loss)	$	(2,337	)	$	(2,780	)	$	(483	)	$	890		$	(847	)	$	(5,600	)	$	(17,871	)
Net Income (Loss) per share from continuing operations:
Basic and diluted earnings	$	(1.03	)	$	(1.17	)	$	(0.43	)	$	0.28		$	(0.51	)	$	(2.64	)	$	(7.67	)
Net Income (Loss) per share from discontinued operations:
Basic and diluted earnings	$	—		$	(0.06	)	$	0.22		$	0.12		$	0.13		$	(0.17	)	$	(0.46	)
Net Income (Loss) per share:
Basic and diluted earnings	$	(1.03	)	$	(1.23	)	$	(0.21	)	$	0.40		$	(0.38	)	$	(2.47	)	$	(8.13	)
Performance Ratios:
Return on Average Assets		-0.51	%		-0.58	%		-0.09	%		0.17	%		-0.15	%		-1.55	%		-4.16	%
Return on Average Equity		-12.80	%		-13.99	%		-2.33	%		4.39	%		-4.20	%		-28.56	%		-59.04	%
Net Interest Margin (FTE)		3.66	%		3.66	%		3.59	%		3.49	%		3.53	%		3.66	%		3.40	%
Book Value Per Share	$	7.02		$	7.86		$	8.93		$	9.13		$	8.78		$	7.02		$	8.78
Net Charge-offs		2,095			1,908			178			7,278			1,425			4,003			7,276
Ratio of Net charge-offs to Gross Loans		0.67	%		0.58	%		0.05	%		2.05	%		0.48	%		1.29	%		1.89	%