1325670--3/19/2008--Southern_National_Bancorp_of_Virginia

related topics

{loan, real, estate}

{acquisition, growth, future}

{condition, economic, financial}

{personnel, key, retain}

{control, financial, internal}

We have a limited operating history, which makes it difficult to predict our future prospects and financial performance. We rely, in part, on external financing to fund our operations and the unavailability of such funds in the future could adversely affect our growth strategy and prospects. Our commercial real estate, construction and small business loan portfolios have significant type and geographic concentrations and an economic slowdown or depressed residential real estate market in our primary markets could be detrimental to our financial condition. If the value of real estate in our market areas were to decline materially, a significant portion of our loan portfolio could become under-collateralized, which could have a material adverse effect on our asset quality, capital structure and profitability. Our business strategy includes strategic growth, and our financial condition and results of operations could be negatively affected if we fail to grow or fail to manage our growth effectively. A loss of our executive officers could impair our relationship with our customers and adversely affect our business. Our business is subject to interest rate risk and variations in interest rates may negatively affect our financial performance. Our profitability depends significantly on economic conditions in our market area.

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1325670--3/19/2008--Southern_National_Bancorp_of_Virginia_Inc