OMB Control Number 1505-0222
CPP

ANNUAL USE OF CAPITAL SURVEY - 2010

NAME OF INSTITUTION
(Include Holding Company Where Applicable)

SPIRIT BANKCORP, INC

Person to be contacted
regarding this report:

RSSD:
Trevor Kelly

(For Bank Holding Companies)

UST Sequence Number:

Holding Company Docket Number:
1009

CPP/CDCI Funds
Received:

(For Thrift Holding Companies)

NA

FDIC Certificate Number:
30,000,000

CPP/CDCI Funds Repaid
to Date:
Date Funded (first
funding):

1062135

(For Depository Institutions)

4048

Credit Union Charter Number:
0

(For Credit Unions)

NA

City:
03/29/2009

Date Repaid1:

Tulsa

State:
N/A

Oklahoma

1If

repayment was incremental, please enter the most recent
repayment date.

American taxpayers are quite interested in knowing how banks have used the money that Treasury has invested under the
Capital Purchase Program (CPP) and Community Development Capital Initiative (CDCI). To answer that question, Treasury is
seeking responses that describe generally how the CPP/CDCI investment has affected the operation of your business. We
understand that once received, the cash associated with TARP funding is indistinguishable from other cash sources, unless the
funds were segregated, and therefore it may not be feasible to identify precisely how the CPP/CDCI investment was deployed or
how many CPP/CDCI dollars were allocated to each use. Nevertheless, we ask you to provide as much information as you can
about how you have used the capital Treasury has provided, and how your uses of that capital have changed over time.
Treasury will be pairing this survey with a summary of certain balance sheet and other financial data from your institution's
regulatory filings, so to the extent you find it helpful to do so, please feel free to refer to your institution's quarterly call reports
to illustrate your answers. This is your opportunity to speak to the taxpayers in your own words, which will be posted on our
website.
What specific ways did your institution utilize CPP/CDCI capital? Check all that apply and elaborate as appropriate, especially if
the uses have shifted over time. Your responses should reflect actions taken over the past year (or for the portion of the year in
which CPP/CDCI funds were outstanding).
Increase lending or reduce lending less than
otherwise would have occurred.

To the extent the funds supported increased
lending, please describe the major type of loans, if
possible (residential mortgage loans, commercial
mortgage loans, small business loans, etc.).
Increase securities purchased (ABS, MBS, etc.).

We increased residential mortgage lending by $30 million year over year to
put more families in homes in our region. However, our commercial lending
decreased due to lower demand, regulatory and economic environments.

 Make other investments

Increase reserves for non-performing assets

Reduce borrowings

Increase charge-offs

Purchase another financial institution or purchase
assets from another financial institution

Held as non-leveraged increase to total capital

Leveraged for purposes of residential mortgage lending.

What actions were you able to avoid because of the capital infusion of CPP/CDCI funds?
Avoided having to curtail residential mortgage lending and shutting out a substantial source of residential mortgages in our region.

 What actions were you able to take that you may not have taken without the capital infusion of CPP/CDCI funds?
In addition to the increase in residential mortgage loans reported here, we were able to expand subsidiary mortgage relationships in
other states.

Please describe any other actions that you were able to undertake with the capital infusion of CPP/CDCI funds.

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless
it displays a valid OMB control number. The valid OMB control number for this information collection is 1505-0222. The
time required to complete this information collection is estimated to average 80 hours per response.