1092099--3/9/2007--CIVITAS_BANKGROUP

related topics

{competitive, industry, competition}

{regulation, government, change}

{condition, economic, financial}

{stock, price, share}

{personnel, key, retain}

{provision, law, control}

Competition with other banking institutions could adversely affect the Company s profitability. The amount of common stock owned by the Company s officers and directors may make it more difficult to obtain shareholder approval of potential takeovers they oppose. The Company s key management personnel may leave at any time. The Company, as well as its bank subsidiary, operate in a highly regulated environment and are supervised and examined by various federal and state regulatory agencies who may adversely affect the Company s ability to conduct business. The Company risks losing customers because it competes with often larger, more comprehensive financial service institutions for customer lending and investment business in the markets it serves. The Company is geographically concentrated in the Nashville, Tennessee MSA, and changes in local economic conditions impact its profitability. The Company s common stock is traded on the Nasdaq Global Market and, as such, has less liquidity than the average stock quoted on a national securities exchange.

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1092099--3/9/2007--CIVITAS_BANKGROUP_INC