| The company is an Illinois corporation recently organized by the Bank for the purpose of acquiring all of the capital stock of the Bank to be issued in the Conversion. Immediately following the Conversion, the only significant assets of the company will be the capital stock of the Bank, the loan that the company intends to make to the ESOP and the net conversion proceeds retained by the company. Funds retained by the company will be used for general business activities, including the loan that the company intends to make to the ESOP. The net proceeds from the Offerings are expected to be invested in federal funds, government and federal agency mortgage-backed securities, other debt securities, high grade short term marketable securities, deposits of or loans to the Bank or a combination thereof. |