Stockholders' equity totaled $114.4 million at December 31, 2012, compared to $113.6 million at September 30, 2012 and $61.6 million at December 31, 2011. The increase from the sequential quarter reflects earnings growth, offset by a slight decrease in the unrealized gain on the Company's securities portfolio. The increase over last year is a result of the Company's successful capital raises, earnings improvement, and larger unrealized gains on the securities portfolio. On a reverse-split adjusted basis, tangible book value per common share totaled $13.63 at year end 2012, compared to $13.51 at September 30, 2012 and $41.95 at December 31, 2011. The increase from the sequential quarter reflected higher capital levels, while the decrease from the prior year reflected the increased number of shares outstanding as a result of the Company's capital raises earlier this year. Tangible stockholders' equity to tangible assets was 11.8%, compared to 11.9% at September 30, 2012 and 6.6% at the end of December last year. Tangible common equity to tangible assets was 9.0%, compared to 9.1% at September 30, 2012 and 3.8% at the end of 2011.Income Statement Summary Net income applicable to common shareholders for the fourth quarter totaled $910,000, or $0.14 per common diluted share, compared to a net income applicable to common shareholders of $343,000, or $0.05 per common diluted share in the third quarter of 2012, and $907,000, or $1.08 per common diluted share in the fourth quarter of 2011. Net income applicable to common shareholders improved to $1.9 million or $0.32 per diluted common share for 2012, compared to a net loss of $1.8 million, or $2.15 per diluted common share in 2011. All per share results have been adjusted for the impact of the 1-for-10 reverse stock split, which became effective in October, 2012. Fourth quarter 2012 net interest income before provision totaled $7.6 million, down slightly from $7.7 million in the third quarter 2012, and from $8.3 million in the fourth quarter last year. The decrease from the third quarter reflects continued pressure on the Company's loan and investment yields, as market rates, particularly for fixed income securities, continued to trend down, and prepayments in the investment portfolio accelerated. The $4.2 million decrease from last year is a result of lower loan and investment yields and higher premium amortization of mortgage-backed securities in the investment portfolio.