The authorized, issued and outstanding capital stock of the Corporation as of June 30, 2016 is as set forth in the Offering Memorandum under “Capitalization.”  Other than pursuant to exercises of options to purchase equity securities of the Corporation and the grant of restricted share of the Corporation’s common stock under its equity compensation plans, there have not been any subsequent issuances of capital stock of the Corporation since June 30, 2016; and there has not been any additional long term (i.e., a maturity greater than one year) borrowings by the Corporation except pursuant to Federal Home Loan Bank advances to the Bank or securities sold under agreements to repurchase incurred by the Bank in the ordinary course of its business.