783739--3/23/2009--BANCTRUST_FINANCIAL_GROUP

related topics

{condition, economic, financial}

{competitive, industry, competition}

{personnel, key, retain}

{tax, income, asset}

{loss, insurance, financial}

{operation, natural, condition}

{acquisition, growth, future}

{cost, contract, operation}

{loan, real, estate}

{capital, credit, financial}

{stock, price, share}

{regulation, change, law}

Our businesses have been and may continue to be adversely affected by current conditions in the financial markets and economic conditions generally. The soundness of other financial institutions could adversely affect us. The impact on us of recently enacted legislation, in particular the Emergency Economic Stabilization Act of 2008 and its implementing regulations, and actions by the FDIC, cannot be predicted at this time. The limitations on incentive compensation contained in the ARRA may adversely affect BancTrust s ability to attract key employees or retain its highest performing employees. As a result of our participation in the Capital Purchase Program and the Temporary Liquidity Guarantee Program, we may face additional regulation, and we cannot predict the cost or effects of compliance at this time. We may decide not to pay dividends on your common stock. If we experience greater credit losses than anticipated, our earnings may be adversely affected. We operate in a highly competitive market which may have an impact upon our success. We face risks with respect to future expansion. Hurricanes or other adverse weather events could negatively affect our local economies or disrupt our operations, which could have an adverse effect on our business or results of operations. If the value of real estate in our core Northern Gulf Coast market remains materially depressed, a significant portion of our loan portfolio could become or remain under-collateralized, which could have a material adverse effect on us. Additionally, if real estate values remain depressed or decline further, we could be required to write down the values of our Other Real Estate Owned. We may experience greater loan losses than anticipated. We are subject to a risk of rapid and significant changes in market interest rates. We may be required to raise additional capital at a time when capital may not be We are subject to extensive regulation that could limit or restrict our activities. We are dependent upon the services of our management team. If our stock price declines from levels at December 31, 2008, we will evaluate our goodwill balances for impairment, and if the estimated fair value of our business has declined, we could recognize an impairment charge for our goodwill. Our investments may suffer other than temporary impairment.

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783739--3/23/2009--BANCTRUST_FINANCIAL_GROUP_INC