(State or other Jurisdiction of

incorporation or organization)

(Commission

File Number)

(IRS Employer

Identification No.)

The strength of the United States economy in general and the strength of the local economies in which the Company conducts its operations which may be less favorable than expected and may result in, among other things, an escalation in problem assets and foreclosures, a deterioration in the credit quality and value of the Company’s assets, especially real estate, which, in turn would likely reduce our customers’ borrowing power and the value of assets and collateral associated with our existing loans;

The potential impact of the Company’s participation in the U.S. Department of Treasury’s Troubled Asset Relief Program’s Capital Purchase Program;

The effects of, and changes in, federal, state and local laws, regulations and policies affecting banking, securities, insurance and monetary and financial matters;

The failure of assumptions underlying the establishment of our allowance for loan losses, that may prove to be materially incorrect or may not be borne out by subsequent events;

The success and timing of our business strategies and our ability to effectively carry out our business plan and capital restoration plan;

An inability to meet our liquidity needs;

The effect of changes in accounting policies and practices, as may be adopted from time-to-time by bank regulatory agencies, the Securities and Exchange Commission, the Public Company Accounting Oversight Board, the Financial Accounting Standards Board or other accounting standards setters;

The effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System, inflation, interest rate, market and monetary fluctuations;

The risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest sensitive assets and liabilities;

Our ability to comply with the requirements of the Consent Order we have entered into with the Federal Deposit Insurance Corporation and the Illinois Department of Financial and Professional Regulation and the mandatory provisions of 12 U.S.C. § 1831o and 12 C.F.R. § 325 (subpart B), as well as the effect of further changes to our regulatory ratings or capital levels under the regulatory framework for prompt corrective action or the imposition of additional enforcement action by regulatory authorities upon the Company or Community Bank – Wheaton/Glen Ellyn as a result of our inability to comply with applicable laws, regulations, regulatory orders and agreements;

Our ability to effectively manage market risk, credit risk and operational risk;

The ability of the Company to compete with other financial institutions as effectively as the Company currently intends due to increases in competitive pressures in the financial services sector;

The inability of the Company to obtain new customers and to retain existing customers;

The timely development and acceptance of products and services including services, products and services offered through alternative delivery channels such as the Internet;

Technological changes implemented by the Company and by other parties, including third party vendors, which may be more difficult or more expensive than anticipated or which may have unforeseen consequences to the Company and its customers;

The ability of the Company to develop and maintain secure and reliable electronic systems;

The ability of the Company to retain key executives and employees and the difficulty that the Company may experience in replacing key executives and employees in an effective manner;

Business combinations and the integration of acquired businesses which may be more difficult or expensive than expected;

The costs, effects and outcomes of existing or future litigation; and

The ability of the Company to manage the risks associated with the foregoing as well as anticipated.

Description