1068912--9/15/2008--FIRST_PLACE_FINANCIAL_CORP

related topics

{acquisition, growth, future}

{competitive, industry, competition}

{loss, insurance, financial}

{condition, economic, financial}

{debt, indebtedness, cash}

{cost, regulation, environmental}

{regulation, change, law}

The Company may suffer losses in its loan portfolio despite its underwriting practices. Continuation of the current economic slowdown or further deterioration of economic conditions in Ohio, Michigan and Indiana could hurt the Company s business. The Company faces strong competition from other financial institutions, financial service companies and other organizations offering services similar to those offered by it, which could result in the Company not being able to grow its loan and deposit businesses. The Company relies, in part, on external financing to fund its operations and the unavailability of such funds in the future could adversely impact its growth strategy and prospects. The Company may have difficulty managing its growth, which may divert resources and limit its ability to expand its operations successfully. The Company is subject to extensive regulation that could adversely affect it. The Bank s ability to pay dividends is subject to regulatory limitations which, to the extent the Company requires such dividends in the future, may affect its ability to service its debt and pay dividends. The Company may fail to realize the anticipated benefits of the acquisition of Camco Financial Corporation.

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1068912--9/15/2008--FIRST_PLACE_FINANCIAL_CORP_/DE/