Item 2.02 Results of Operations and Financial Condition
Attached as Exhibit 99.1 is an earnings release for the three and twelve months ended June 30, 2009.
For the quarter ended June 30, 2009, the Company reported net income of $1.4 million or $0.18 per diluted common share compared to net income of $2.1 million or $0.38 per diluted share for the quarter ended June 30, 2008. The Company reported a net loss for the fiscal year ended June 30, 2009 of $9.5 million or $1.90 per diluted common share compared to net income of $12.8 million or $2.31 per diluted share for the year ended June 30, 2008. After the payment of preferred stock dividends, the net income (loss) to common shareholders was $961,000 for the quarter ended June 30, 2009 and $(10.4) million for the year ended June 30, 2009. There were no preferred stock dividends in the 2008 periods.
The information contained in this Report on Form 8-K is furnished pursant to Items 2.02 and 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933, as amended except as shall be expressly set forth by specific reference in such filing. Item 7.01 Regulation FD Disclosure
See Item 9.01. Financial Statement Exhibits. In addition to the earnings release, unaudited supplemental financial information is attached as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits
(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) The following exhibits are included with this Report:

Exhibit No. Description 99.1 Press Release, dated July 23, 2009 99.2 Financial Statements and Selected Notes

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