Exhibit 99.1

Yadkin Valley Financial Corporation Announces First Quarter 2011 Results
With New Management Team Focused on Strategic Planning Progress

First Quarter Highlights:

	•		The Board of Directors has now fully enacted its strategic succession plan, resulting in a newly formed Management team.
	•		Management is executing the strategic plan for the Company according to policies developed by both Management and the Board. Part of this plan is a controlled balance sheet management strategy, which has resulted in the reduction of assets by $69.7 million compared to the fourth quarter of 2010.
	•		Net interest margin increased 10 basis points to 3.07% for the first quarter, compared to 2.97% in the fourth quarter of 2010.
	•		Net charge-offs decreased to $6.8 million or 1.71% of average loans on an annualized basis, down significantly compared to $13.3 million, or 3.08% on an annualized basis, in the fourth quarter of 2010.
	•		Lower cost non-interest bearing deposits increased 3% and NOW, savings and money market deposits increased 7% compared to the fourth quarter of 2010, improving the funding mix.
	•		The allowance for loan losses decreased to 2.31% of loans held for investment, compared to 2.36% in the fourth quarter of 2010.

Elkin, NC — April 28, 2011 — Yadkin Valley Financial Corporation (NASDAQ: YAVY), the holding company for Yadkin Valley Bank and Trust Company, announced financial results for the first quarter ended March 31, 2011. Net loss available to common shareholders was $1.6 million, or $0.10 per diluted share, compared to a net loss of $9,000 or $0.00 per share in the fourth quarter of 2010, and net income of $143,000, or $0.01 per share in the first quarter of 2010.

Joe Towell, President and CEO of Yadkin Valley Financial, commented, “Beginning in the first quarter of 2011 and continuing throughout this year, the Management team has five main areas of focus as we enact our strategic plan for the Company. These are, in order of importance, asset quality, net interest margin, expense reduction, the securities portfolio, and managed loan growth. With the capital implications that underpin all of these areas, we are putting our efforts toward progress and positive outcomes in these categories.

In the first quarter of 2011, we saw some positive momentum in our loan portfolio. Net charge-offs were $6.8 million, which is a substantial decrease from last quarter. We are continuing to make progress in quickly and effectively risk grading the portfolio, reserving for impaired loans, and recognizing charge-offs, particularly by recognizing market adjustments on collateral dependent loans. We are also beginning to see some upgrade opportunities, particularly in our commercial and industrial loans, as sales and revenues begin to return for those customers. While it is too early to declare a trend, we are encouraged by this movement, as well as the resolution of several problem credits.

Following a period of liquidity building that began in the first three quarters of 2010, we are pleased with the improvement in our net interest margin during the first quarter of 2011. Part of our strategic plan includes a renewed focus on acquiring core deposits, which should continue to have a positive impact on our net interest margin. Additionally, our cost of funding and cost of deposits have decreased 21 basis points over the past two linked quarters.

As part of our strategic plan, we continue to execute our capital management strategy. We are pursuing a private placement offering of common stock, which is receiving an abundance of support from directors and management. We believe this effort, combined with our controlled balance sheet shrinkage and expense management plan, represents a prudent strategy for managing the Company in this challenging operating environment.”

First Quarter 2011 Financial Highlights

Asset Quality

Nonperforming loans, which include loans in nonaccrual status, increased by $6.0 million, to $71.4 million, or 4.50% of total gross loans at March 31, 2011, compared to $65.4 million, or 3.96% of total gross loans at December 31, 2010. The increase in nonperforming loans was predominantly related to construction/land development and commercial real estate loans, as workout scenarios continue to be carried out in those loan categories. Although nonperforming levels continue to be elevated, 54% of our nonperforming loans are held at fair market value due to losses already recognized on these loans. Troubled debt restructured loans (TDRs) also continue to negatively impact our nonperforming loan total, as our restructured loans are in the midst of rehabilitation. Total TDRs were $39.4 million at March 31, 2011. We anticipate that TDRs will continue to increase as recently issued accounting guidance on this topic is implemented in the third quarter of 2011. Net charge-offs totaled $6.8 million, or 1.71% of average loans on an annualized basis.

		Nonperforming Loan Analysis
		(Dollars in thousands)
		March 31, 2011								December 31, 2010
						% of								% of
		Outstanding				Total				Outstanding				Total
Loan Type		Balance				Loans				Balance				Loans
Construction/land development		$	15,943				1.01	%		$	13,919				0.84	%
Residential construction			12,058				0.76	%			11,915				0.72	%
HELOC			3,537				0.22	%			3,068				0.18	%
1-4 Family residential			8,627				0.54	%			7,889				0.48	%
Commercial real estate			26,791				1.69	%			24,562				1.49	%
Commercial & industrial			3,821				0.24	%			3,420				0.21	%
Consumer & other			591				0.04	%			627				0.04	%
Total		$	71,368				4.50	%		$	65,400				3.96	%

OREO totaled $27.5 million at March 31, 2011, an increase of $1.9 million compared to $25.6 million at December 31, 2010. The increase in OREO was due to the addition of 16 properties totaling $4.4 million, offset by sales of 13 properties totaling $2.5 million. Our Special Assets team is experiencing good traction in our residential OREO portfolio, as the market begins to move in that segment, but the bank-

owned land and lots portfolio continues to be resistant to sale at this time. Total nonperforming assets were $98.8 million, or 4.43% of total assets, an increase from $91.0 million, or 3.95% of total assets as of December 31, 2010.

During the first quarter of 2011, the provision for loan losses was $4.9 million, a decrease of $1.4 million from the fourth quarter of 2010. The allowance for loan losses was $35.9 million, a decrease of $1.9 million compared to $37.8 million at December 31, 2010. This decrease was driven by a decrease in the overall loan portfolio and some improving credit metrics.

As a percentage of total loans held for investment, the allowance for loan losses was 2.31% in the first quarter of 2011, down from 2.36% in the fourth quarter of 2010. Out of the $35.9 million in total allowance for loan losses at March 31, 2011, the specific allowance for impaired loans accounted for $6.5 million, up slightly from $6.3 million at the end of the fourth quarter. The remaining general allowance, $29.4 million, attributed to unimpaired loans, was down from $31.5 million at the end of the fourth quarter of 2010 due to a $40.5 million decrease in classified, non-impaired loans, as well as a 3% decrease in total loans held for investment. The allowance for loan losses as a percentage of criticized, non-impaired (internal risk grades 5, 6, and immaterial 7) loans increased to 6.66%, up from 6.36% in the fourth quarter, and as a percentage of non-criticized loans, increased to 1.21% up from 1.19%.

Net Interest Income and Net Interest Margin

Net interest income totaled $15.7 million, a decrease of $266,000, or 1.7%, compared to the fourth quarter of 2010. Although total net interest income decreased as a result of decreases in interest earning assets such as loans, we experienced an increase in net interest margin to 3.07%, up 10 basis points from the fourth quarter of 2010. The NIM increase can be attributed to our controlled balance sheet management and the decrease in our deposit costs to realign with the market. Excluding the adjustment of assets and liabilities to their fair market values as part of purchase accounting treatment relating to the merger with American Community Bank, net interest margin was 3.01%, an increase of 10 basis points compared to 2.91% in the fourth quarter of 2010.

Non-Interest Income

Non-interest income decreased $2.5 million or 35%, to $4.8 million from $7.3 million in the fourth quarter of 2010. The decrease in non-interest income was primarily related to a decrease in gains on sale of mortgage loans as mortgage activity slowed during the first quarter of 2011. In addition, gains on sale of securities also decreased $1.2 million from the prior quarter.

Non-Interest Expense

Non-interest expense decreased $66,000, or 0.4%, to $16.9 million, compared to $17.0 million in the fourth quarter of 2010. The modest decrease in non-interest expense was primarily related to additional cost savings realized from our expense reduction plan initiated in the last half of 2010. This expense reduction is part of management’s strategic plan as we continue to focus on profitability and operational efficiency.

Balance Sheet and Capital

Compared to the fourth quarter of 2010, total assets decreased $69.7 million, or 3%. The decrease in total assets was primarily related to a decrease in total deposits of $60.6 million, or 3%, compared to the fourth quarter of 2010. This deposit decrease is mostly due to a decrease in our CDs, which is a decrease we anticipated as we returned to more traditional deposit pricing after the 2010 effort to build liquidity.

Brokered CDs and CDARs remain a relatively small portion of the Company’s funding sources, as these deposits represented 5% of total deposits at March 31, 2011, a slight decrease from the level at December 31, 2010.

Gross loans also decreased in the first quarter by $47.8 million, or 3%. Total gross loans are decreasing as we migrate the portfolio away from large real estate and construction loans, and toward more targeted small business and commercial and industrial lending.

The Bank remains well-capitalized for regulatory purposes. As of March 31, 2011, the Bank’s leverage ratio, Tier 1 risk-based capital ratio and total risk-based capital ratio were 7.07%, 9.39%, and 10.65%, respectively. For capital adequacy purposes, leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratio must be in excess of 5.00%, 6.00%, and 10.00%, respectively, to be considered well-capitalized.

Conference Call

Yadkin Valley Financial Corporation will host a conference call at 10:00 a.m. EDT on Thursday, April 28, 2011 to discuss financial results, business highlights, and outlook. The call may be accessed by dialing 877-359-3650 at least 10 minutes prior to the call. A webcast of the call may also be accessed at
http://investor.shareholder.com/media/eventdetail.cfm?mediaid=47611&c=YAVY&mediakey=083AD267BEF7411643B71259A1741F10&e=0 A replay of the call will be available until May 9, 2011 by dialing 800-642-1687 or 706-645-9291 and entering access code 62645029.

####

About Yadkin Valley Financial Corporation

Yadkin Valley Financial Corporation is the holding company for Yadkin Valley Bank and Trust Company, a full service community bank providing services in 38 branches throughout its three regions in North Carolina and South Carolina. The Western Region (formerly Yadkin Valley Bank division and High Country Bank division) serves Avery, Watauga, Ashe, Forsyth, Surry, Wilkes, and Yadkin Counties. The Central Region (formerly the Iredell branches of Piedmont Bank division and Cardinal State Bank division) serves Durham, Orange, Granville, and Iredell Counties. The Southern Region (formerly American Community Bank division and the Mecklenburg branches of the Piedmont division) serves Mecklenburg and Union Counties in North Carolina, and Cherokee and York Counties in South Carolina. The Bank provides mortgage lending services through its subsidiary, Sidus Financial, LLC, headquartered in Greenville, North Carolina and operates a loan production office in Wilmington, NC. Securities brokerage services are provided by Main Street Investment Services, Inc., a Bank subsidiary with four offices located in the branch network. Yadkin Valley Financial Corporation’s website is www.yadkinvalleybank.com. Yadkin Valley shares are traded on NASDAQ under the symbol YAVY.

FORWARD LOOKING STATEMENTS

Certain statements in this news release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future plans and expectations, and are thus prospective. Such forward-looking statements include but are not limited to (1) statements regarding potential future economic recovery, (2) statements with respect to our plans, objectives, expectations and intentions and other statements that are not historical facts, and (3) other statements identified by words such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” and “projects,” as well as similar expressions. Such statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, we can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by our company or any person that the future events, plans, or expectations contemplated by our company will be achieved.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the rate of delinquencies and amounts of charge-offs, the level of allowance for loan loss, the rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result in increased credit risk-related losses and expenses; (2) competitive pressures among depository and other financial institutions may increase significantly and have an effect on pricing, spending, third-party relationships and revenues; (3) the strength of the United States economy in general and the strength of the local economies in which we conduct operations may be different than expected resulting in, among other things, a deterioration in the credit quality or a reduced demand for credit, including the resultant effect on the company’s loan portfolio and allowance for loan losses; (4) the risk that the preliminary financial information reported herein and our current preliminary analysis will be different when our review is finalized; (5) changes in deposit rates, the net interest margin, and funding sources; (6) changes in the U.S. legal and regulatory framework, including the effect of recent financial reform legislation on the banking industry; and (7) adverse conditions in the stock market, the public debt market and other capital markets (including changes in interest rate conditions) could have a negative impact on the company. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our reports (such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K) filed with the SEC and available at the SEC’s Internet site (http://www.sec.gov). All subsequent written and oral forward-looking statements concerning the company or any person acting on its behalf is expressly qualified in its entirety by the cautionary statements above. We do not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

For additional information contact:

Joseph H. Towell
President and Chief Executive Officer
(704) 768-1133
joe.towell@yadkinvalleybank.com

Jan H. Hollar
Executive Vice President and Chief Financial Officer
(704) 768-1161
jan.hollar@yadkinvalleybank.com

Yadkin Valley Financial Corporation
Consolidated Balance Sheets (Unaudited)

		(Amounts in thousands except share and per share data)
		March 31,				December 31,				September 30,				June 30,				March 31,
		2011				2010 (a)				2010				2010				2010
Assets:
Cash and due from banks		$	31,537			$	31,967			$	32,112			$	30,178			$	27,002
Federal funds sold			50				31				2,427				6,123				8
Interest-earning deposits with banks			188,003				197,782				108,665				184,592				208,727
U.S. government agencies			24,262				14,551				21,966				25,274				39,756
Mortgage-backed securities			208,037				209,706				193,358				126,004				72,810
State and municipal securities			68,090				72,621				73,235				55,868				59,574
Common and preferred stocks			1,140				1,124				1,159				1,134				1,056
Total investment securities			301,529				298,002				289,718				208,280				173,196
Construction loans			261,083				300,877				321,905				333,015				344,138
Commercial, financial and other loans			216,056				222,667				219,660				231,105				265,286
Residential mortgages			181,057				174,536				172,286				177,887				169,267
Commercial real estate loans			646,657				650,696				674,806				648,423				625,394
Installment loans			40,546				42,443				44,070				49,544				47,112
Revolving 1-4 family loans			207,308				209,319				208,660				207,801				204,834
Total Loans			1,552,707				1,600,538				1,641,387				1,647,775				1,656,031
Allowance for loan losses			(35,860	)			(37,752	)			(44,735	)			(44,306	)			(45,399	)
Net loans			1,516,847				1,562,786				1,596,652				1,603,469				1,610,632
Loans held for sale			32,880				50,419				76,199				49,542				24,308
Accrued interest receivable			7,515				7,947				8,176				7,520				7,866
Bank premises and equipment			46,245				45,970				45,368				44,434				44,075
Foreclosed real estate			27,461				25,582				22,480				18,195				16,656
Non-marketable equity securities at cost			9,416				9,416				9,784				10,539				10,539
Investment in bank-owned life insurance			25,441				25,278				25,103				24,852				24,660
Goodwill			4,944				4,944				4,944				4,944				4,944
Core deposit intangible			4,602				4,907				5,212				5,527				5,852
Other assets			34,421				35,563				43,949				41,986				44,647
Total assets		$	2,230,891			$	2,300,594			$	2,270,789			$	2,240,181			$	2,203,112
Liabilities and shareholders’ equity:
Deposits:
Non-interest bearing		$	222,457			$	216,161			$	205,856			$	210,940			$	211,272
NOW, savings and money market accounts			631,791				589,790				467,731				468,773				455,189
Time certificates:
$100,000 or more			443,312				477,030				531,892				516,146				529,253
Other			662,246				737,425				776,012				757,579				713,351
Total deposits			1,959,806				2,020,406				1,981,491				1,953,438				1,909,065
Borrowings			109,452				116,768				119,274				118,621				126,600
Accrued expenses and other liabilities			15,125				15,963				19,364				15,409				14,511
Total liabilities			2,084,383				2,153,137				2,120,129				2,087,468				2,050,176
Total shareholders’ equity			146,508				147,457				150,660				152,713				152,936
Total liabilities and shareholders’ equity		$	2,230,891			$	2,300,594			$	2,270,789			$	2,240,181			$	2,203,112
Period End Shares Outstanding			16,292,640				16,147,640				16,144,640				16,144,640				16,134,640

Yadkin Valley Financial Corporation
Consolidated Income Statements (Unaudited)

		Three Months Ended (Amounts in thousands except share and per share data)
		March 31,				December 31,				September 30,				June 30,				March 31,
		2011				2010 (a)				2010				2010				2010
Interest and fees on loans		$	21,349			$	22,500			$	22,921			$	22,458			$	22,958
Interest on securities			2,108				2,241				2,096				1,661				1,771
Interest on federal funds sold			6				7				1				2				—
Interest-bearing deposits			115				88				110				126				61
Total interest income			23,578				24,836				25,128				24,247				24,790
Time deposits of $100,000 or more			2,938				3,136				3,503				3,274				3,361
Other deposits			4,380				5,084				4,699				4,781				4,055
Borrowed funds			570				660				617				595				567
Total interest expense			7,888				8,880				8,819				8,650				7,983
Net interest income			15,690				15,956				16,309				15,597				16,807
Provision for loan losses			4,867				6,277				7,879				5,809				4,384
Net interest income after provision for loan losses			10,823				9,679				8,430				9,788				12,423
Non-interest income
Service charges on deposit accounts			1,345				1,498				1,539				1,486				1,437
Other service fees			962				1,253				985				917				841
Net gain on sales of mortgage loans			1,899				3,128				2,683				1,876				1,334
Income on investment in bank owned life insurance			163				175				251				192				207
Mortgage banking operations			207				(66	)			53				60				56
Gains on sale of securities			93				1,291				1				844				44
Other than temporary impairment of investments			(20	)			(101	)			(115	)			(61	)			(205	)
Other			142				154				175				140				66
Total non-interest income			4,791				7,332				5,572				5,454				3,780
Non-interest expense
Salaries and employee benefits			7,870				7,686				8,248				6,941				6,663
Occupancy and equipment			2,170				2,160				2,298				1,957				1,966
Printing and supplies			181				175				169				259				274
Data processing			373				376				380				384				313
Communication expense			445				453				445				436				459
Advertising and marketing			171				252				362				204				178
Amortization of core deposit intangible			305				305				315				325				334
FDIC assessment expense			1,350				1,126				1,122				1,288				830
Attorney fees			92				170				222				148				75
Loan collection expense			433				342				307				289				272
Net cost of operation of other real estate owned			794				639				586				402				796
Other			2,725				3,291				2,918				2,347				2,372
Total non-interest expense			16,909				16,975				17,372				14,980				14,532
Income (loss) before income taxes			(1,295	)			36				(3,370	)			262				1,671
Provision for income taxes (benefit)			(509	)			(823	)			(1,299	)			(23	)			757
Net income (loss)			(786	)			859				(2,071	)			285				914
Preferred stock dividend and amortization of preferred stock discount			771				868				771				771				771
Net income (loss) available to common shareholders		$	(1,557	)		$	(9	)		$	(2,842	)		$	(486	)		$	143
Basic		$	(0.10	)		$	—			$	(0.18	)		$	(0.03	)		$	0.01
Diluted		$	(0.10	)		$	—			$	(0.18	)		$	(0.03	)		$	0.01
Weighted average number of shares outstanding
Basic			16,130,529				16,129,640				16,129,640				16,129,640				16,129,640
Diluted			16,130,529				16,129,640				16,129,640				16,129,640				16,129,640

Yadkin Valley Financial Corporation
(unaudited)

		At or For the Three Months Ended
		March 31,				December 31,				September 30,				June 30,				March 31,
		2011				2010				2010				2010				2010
Per Share Data:
Basic Earnings (Loss) per Share		$	(0.10	)			0.00			$	(0.18	)		$	(0.03	)		$	0.01
Diluted Earnings (Loss) per Share			(0.10	)			0.00				(0.18	)			(0.03	)			0.01
Book Value per Share			6.11				6.24				6.44				6.58				6.61
Selected Performance Ratios:
Return on Average Assets (annualized)			-0.28	%			0.00	%			-0.51	%			-0.09	%			0.03	%
Return on Average Equity (annualized)			-4.27	%			-0.02	%			-7.37	%			-1.26	%			0.38	%
Net Interest Margin (annualized)			3.07	%			2.97	%			3.12	%			3.12	%			3.47	%
Net Interest Spread (annualized)			2.88	%			2.77	%			2.91	%			2.84	%			3.25	%
Non-interest Income as a % of Revenue(6)			30.69	%			43.10	%			39.80	%			34.76	%			23.33	%
Non-interest Income as a % of Average Assets			0.21	%			0.32	%			0.25	%			0.25	%			0.18	%
Non-interest Expense as a % of Average Assets			0.75	%			0.73	%			0.77	%			0.67	%			0.68	%
Asset Quality:
Loans 30-89 days past due (000’s) (4)		$	23,756			$	25,353			$	37,682			$	16,163			$	14,297
Loans over 90 days past due still accruing (000’s)			—				—				—				—				—
Nonperforming Loans (000’s)			71,368				65,400				63,094				50,853				52,870
Other Real Estate Owned (000’s)			27,461				25,582				22,480				18,195				16,656
Nonperforming Assets (000’s)			98,829				90,983				85,574				69,048				69,526
Troubled debt restructurings (000’s) (5)			14,998				17,153				14,733				8,184				5,267
Nonperforming Loans to Total Loans			4.50	%			3.96	%			3.67	%			3.00	%			3.15	%
Nonperforming Assets to Total Assets			4.43	%			3.95	%			3.77	%			3.08	%			3.16	%
Allowance for Loan Losses to Total Loans			2.26	%			2.29	%			2.60	%			2.61	%			2.70	%
Allowance for Loan Losses to Total Loans Held for Investment			2.31	%			2.36	%			2.73	%			2.69	%			2.74	%
Allowance for Loan Losses to Nonperforming Loans			50.25	%			57.72	%			70.90	%			87.12	%			86.00	%
Net Charge-offs/Recoveries to Average Loans (annualized)			1.71	%			3.08	%			1.75	%			1.64	%			1.83	%
Capital Ratios:
Equity to Total Assets			6.57	%			6.41	%			6.63	%			6.82	%			6.94	%
Tier 1 leverage ratio(1)			7.07	%			7.04	%			7.40	%			7.53	%			7.76	%
Tier 1 risk-based ratio(1)			9.39	%			9.23	%			9.10	%			9.39	%			9.26	%
Total risk-based capital ratio(1)			10.65	%			10.49	%			10.36	%			10.65	%			10.52	%
Non-GAAP disclosures(2):
Tangible Book Value per Share			5.53				5.63				5.82				5.93				5.94
Return on Tangible Equity (annualized) (3)			-4.57	%			-0.02	%			-7.89	%			-1.36	%			0.41	%
Tangible Equity to Tangible Assets (3)			6.17	%			6.01	%			6.22	%			6.38	%			6.48	%
Efficiency Ratio			79.86	%			70.63	%			76.96	%			68.75	%			68.00	%

Notes:

Yadkin Valley Financial Corporation
Average Balance Sheets and Net Interest Income Analysis (Unaudited)

		Three Months Ended March 31,
		2011												2010
		(Dollars in Thousands)
		Average								Yield/				Average								Yield/
		Balance				Interest				Rate				Balance				Interest				Rate
INTEREST EARNING ASSETS
Total loans (1,2)		$	1,602,393			$	21,391				5.41	%		$	1,683,199			$	23,002				5.54	%
Federal funds sold			9,769				6				0.25	%			632				—				0.00	%
Investment securities			296,220				2,375				3.25	%			180,026				2,018				4.55	%
Interest-bearing deposits			207,707				115				0.22	%			134,627				61				0.18	%
Total average earning assets (1)			2,116,089				23,887				4.58	%(6)			1,998,484				25,081				5.09	%
Noninterest earning assets			148,253												140,599
Total average assets		$	2,264,342											$	2,139,083
INTEREST BEARING LIABILITIES
Time deposits		$	1,167,137			$	6,114				2.12	%		$	1,199,572			$	6,592				2.23	%
Other deposits			605,139				1,204				0.81	%			441,155				823				0.76	%
Borrowed funds			111,065				570				2.08	%			121,564				568				1.89	%
Total interest bearing liabilities			1,883,341				7,888				1.70	%(7)			1,762,291				7,983				1.84	%
Noninterest bearing deposits			218,444												205,848
Other liabilities			14,618												16,971
Total average liabilities			2,116,403												1,985,110
Shareholders’ equity			147,939												153,973
Total average liabilities and shareholders’ equity		$	2,264,342											$	2,139,083
NET INTEREST INCOME/ YIELD (3,4)						$	15,999				3.07	%						$	17,098				3.47	%
INTEREST SPREAD (5)											2.88	%											3.25	%