Relevant:
- Franklin Bank Corp. Receives Additional Non-Compliance Notifications From Nasdaq and the AMEX
- First Place Financial Corp., Of Warren, Ohio, Gets OTS C&Ds
- Bank of Granite is facing possible Nasdaq delisting
- Youngstown News, First Place Bank holding company files for Chapter 11, agrees to $45 million bid
- Downey Financial to file for bankruptcy after government seized assets
2011-11-11 — yahoo.com
`` Over the past several months, the Company has been working to determine the appropriate level of the allowance for loan losses for First Place Bank, the Company's wholly-owned subsidiary. In connection with this process, the Company determined the need to restate its consolidated financial statements for the quarterly and annual periods within the fiscal years ended June 30, 2010, 2009 and 2008. Delays caused by the extent and complexity of the restatement process have resulted in the NASDAQ delisting.''
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