First South Bancorp Inc

First South Bancorp Inc is listed on NASDAQ (FSBK). The Private Securities Litigation Reform Act of 1995 states that the disclosure of forward looking information is desirable for investors and encourages such disclosure by providing a safe harbor for forward looking statements by corporate management. This Annual Report on Form 10-K, contains forward looking statements that involve risk and uncertainty. In order to comply with the terms of the safe harbor, the Company notes that a variety of risks and uncertainties could cause its actual results and experience to differ materially from the anticipated results or other expectations expressed in the Companys forward looking statements. There are risks and uncertainties that may affect the operations, performance, development, growth projections and results of the Companys business.

First State Bancorporation

First State Bancorporation is listed on NASDAQ (FSNM). We are a New Mexico-based bank holding company. We provide commercial banking services to businesses through our subsidiary bank, First State Bank N.M. (First State Bank or Bank). We operate thirty branch offices, including twenty-four in New Mexico (three offices in Taos, nine offices in Albuquerque, four offices in Santa Fe, and one office each in Rio Rancho, Los Lunas, Bernalillo, Questa, Pojoaque, Placitas, Moriarty, and Belen), five in Colorado (Denver, Colorado Springs, Fort Collins, Littleton, and Longmont), and one in Utah (Salt Lake City). First State Bank's branches in Colorado and Utah operate under the name First Community Bank. In addition, the Bank's residential mortgage origination division operates in all three states as First Community Mortgage. First State Bank began in 1922 in Taos County as a single bank, and is currently the largest bank in that county. At December 31, 2004, we had total assets, total deposits, and total stockholders' equity of $1.

Great Northern Iron Ore Properties .. mineral and nonmineral lands, on the Mesabi Iron Range of Minnesota. The Registrant is a conventional trust organized under the laws of the State of ..

Gardner Denver Inc. ..lated designs or logotypes owned by Gardner Denver, Inc. or its subsidiaries are shown in italics. Gardner Denver, Inc. (Gardner Denver) designs, manu..

Gateway Inc. ..lls desktop and notebook computers and servers (PCs), PC-related products and services that are enabled by or connect with PCs (Convergence-non-PC) to..

Hub Intl Ltd ..e providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services. We focus..

Hewlett-Packard Company ..ologies, solutions and services to individual consumers, small and medium sized businesses (SMBs) and large enterprises. Our offerings span: º . º ent..

HMN Financial Inc. ..holding company that owns 100 percent of Home Federal Savings Bank. The Bank has a community banking philosophy and operates retail banking and loan p..

Huntsman Corporation .. 2004 to hold the Huntsman businesses. Jon M. Huntsman founded the predecessor to our Company in the early 1970s as a small packaging company. Since t..

Harvey Electronics Inc. ..service and custom installation of high quality audio, video and home theater equipment. The equipment includes high fidelity components and systems, ..

Hydrogenics Corporation ..egal name of our company is Hydrogenics Corporation - Corporation Hydrogenique. We were incorporated under the Canada Business Corporations Act on Aug..

Industrial Services of America Inc. ..lle, Kentucky-based logistic management services company that offers total package waste and recycling management services to commercial, industrial a..

Ikanos Communications Inc. ..ction with audited consolidated financial statements and the notes thereto included in Item 8 of this Annual Report on Form 10-K. Overview We are a le..

InfoSonics Corp ..ireless handsets and accessories in the United States and Latin America. We distribute products of several key manufacturers, including Audiovox, Kyoc..

Intevac Inc. ..isk sputtering equipment for the thin-film disk industry and a developer of leading technology for extreme low light imaging sensors, cameras and syst..

IPC Holdings Limited ..nce and, to a limited extent, property-per-risk excess, aviation (including satellite) and other short-tail reinsurance on a worldwide basis. During 2..

Integrated Silicon Solution Inc. ..s and markets high performance integrated circuits for the following key markets: (i) digital consumer electronics, (ii) networking, (iii) mobile comm..

J.M. Smucker Company (The) ..ished in 1897 and was incorporated in Ohio in 1921. The Company, often referred to as Smucker's (a registered trademark), operates principally in one ..

SM&A .. and similar terms include SM&A and its subsidiaries, unless the context indicates otherwise. Overview - Development of Business SM&A is the world's l..

KFX Inc. ..s and technology, which we refer to as K-Fuel technology, that uses heat and pressure to physically and chemically transform coal with a lower heat va..

Kinder Morgan Energy Partners L.P. ..mited partnership, is a publicly traded limited partnership that was formed in August 1992. We are the largest publicly traded pipeline limited partne..

KongZhong Corporation .. of the Cayman Islands as Communication Over The Air Inc., an exempted limited liability company. In March 2004, we changed our name to KongZhong Corp..

Laureate Education Inc. ..h 159,000 students, is focused exclusively on providing a superior higher education experience through a leading global network of accredited campus-b..

PlanetOut Inc. ..ng the lesbian, gay, bisexual and transgender, or LGBT, community, a market expected to have a reported buying power of approximately $610 billion in ..

VA Software Corporation .. that involve risks and uncertainties. Words such as intend, expect, believe, in our view, and variations of such words and similar expressions, are i..

Ladenburg Thalmann Financial Services Inc ..ies brokerage, investment banking services and investment activities through our principal operating subsidiary, Ladenburg Thalmann & Co. Inc. (Ladenb..

La-Z-Boy Incorporated ..loral City Furniture in the 1920s and, in 1928, the newly formed company introduced its first recliner. In 1941, the name was changed to La-Z-Boy Chai..

Matthews International Corporation ..nded in 1850 and incorporated in Pennsylvania in 1902, is a designer, manufacturer and marketer principally of memorialization products and brand solu..

Monarch Casino & Resort Inc. ..-owned subsidiary, Golden Road Motor Inn, Inc. (Golden Road), owns and operates the tropically-themed Atlantis Casino Resort, a hotel-casino facility ..

Medis Technologies Ltd. ..manufacturing, marketing and distribution of direct liquid fuel cell products for portable electronic devices, for the consumer (personal and professi..

Mohawk Industries Inc. ..term which includes the Company and its subsidiaries, including its primary operating subsidiaries, Mohawk Carpet Corporation, Aladdin Manufacturing C..

Marsh Supermarkets Inc. ..) operated 117 supermarkets and 161 Village Pantry® convenience stores in central Indiana and western Ohio. The Company believes that Marsh supermarke..

Mentor Corporation ..n 1969. Our fiscal year ends on March 31, and references to fiscal 2005, fiscal 2004 or fiscal 2003 refer to the years ended March 31, 2005, 2004 or 2..

Mpower Holding Corporation New ..ive local telephone companies founded after the inception of the Telecommunications Act of 1996, which opened up the local telephone market to competi..

Martha Stewart Living Omnimedia Inc. ..that creates how-to content and domestic merchandise for homemakers and other consumers. Our products are generally sold under various brand labels, i..

Max & Ermas Restaurants Inc. ..9) and franchises (23) a chain of 102 Max & Ermas restaurants at December 31, 2005. We are a Delaware corporation organized in 1982, as the successor ..

National Instruments Corporation ..ents) is a leading supplier of measurement and automation products that engineers and scientists use in a wide range of industries. These industries a..

NexMed Inc. ..scuss future expectations, contain projections of results of operations or financial condition or state other forward-looking information. Those state..

NetLogic Microsystems Inc. ..ops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as router..

Nidec Corporation (Nihon Densan Kabushiki Kaisha) .. is a joint stock corporation that was incorporated and registered under the Commercial Code of Japan on July 23, 1973 under the name of Nihon Densan ..

InPlay Technologies Inc. ..hnologies. We currently license electronic pushbutton, rotary and omni-directional switch technologies and are actively searching for additional innov..

Netease.com Inc. ..n offering search services and free Web-based e-mail starting mid-1997 and early-1998, respectively. In mid-1998, we changed our business model from a..

Nova Measuring Instruments Ltd. ..n May 1993 under the laws of the State of Israel. We commenced operations in October 1993 to design, develop and produce integrated process control sy..

Willamette Valley Vineyards Inc. ..ay 1988 to produce and sell premium, super premium and ultra premium varietal wines (i.e., wine which sells at retail prices of $7 to $14, $14 to $20 ..

Overland Storage Inc. ..s Overland Data, Inc. in California in 1980. In June 2002 we changed our name to Overland Storage, Inc. Our principal executive offices are located at..

Omega Financial Corporation ..nia business corporation that is registered as a bank holding company and has elected to be a financial holding company under the Bank Holding Company..

Orbital Sciences Corporation ..rockets and space systems for the U.S. Department of Defense (DoD) and other U.S. government agencies and for global commercial and scientific custome..

Planar Systems Inc. ..isplay solutions for customers in medical, industrial, commercial and retailing markets. Products include several flat-panel display technologies and ..

Pacific Continental Corporation (Ore) ..ration and registered bank holding company located in Eugene, Oregon. The Company was organized on June 7, 1999, pursuant to a holding company reorgan..

Pennsylvania Real Estate Investment Trust ..ylvania business trust founded in 1960 and one of the first equity real estate investment trusts (REITs) in the United States, has a primary investmen..

Premier Financial Bancorp Inc. ..ti-bank holding company that, as of March 15, 2005, operates ten banking offices in Kentucky, three banking offices in Ohio, and six banking offices i..

Progress Software Corporation ..ets and distributes software to simplify and accelerate the development, deployment, integration and management of business applications software. The..

Pactiv Corporation ..f specialty-packaging and consumer products with 2004 sales of $3.4 billion. The company operates 77 manufacturing facilities in 14 countries around t..

Parametric Technology Corporation ..markets and supports product lifecycle management (PLM) and enterprise content management (ECM) software solutions and related services that help comp..

Pinnacle Airlines Corp. ..diary, Pinnacle Airlines, Inc. (which operates as Northwest Airlink), are collectively referred to in this report as the Company, we and us except as ..

Palatin Technologies Inc. ..well as oral statements that may be made by us or by our officers, directors, or employees acting on our behalf, that are not historical facts constit..

PacificNet Inc. ..ficNet or PACT refers to PacificNet Inc., a Delaware corporation. OVERVIEW We were incorporated in the state of Delaware in 1987. Our business consist..

PLATO Learning Inc. ..uter and web-based instruction, curriculum planning and management, assessment, and related professional development and support services to K-12 scho..

PPlus Trust ..urities held by PPLUS Trust Series JPM-1, please refer to JP Morgan Chase & Cos (Commission file number 001-05805) periodic reports, including annual ..

Rackable Systems Inc. ..ty compute servers based on an open architecture approach, targeting scale out datacenter deployments. In addition, we also design, market and sell a ..

Ready Mix Inc. ..s Vegas, Nevada, is engaged in the construction industry as a supplier of construction materials. We provide ready mix concrete, sand and gravel produ..

Reinhold Industries Inc. ..days Reinhold Industries, Inc., was founded in 1928. The purpose of the business was the molding of components from Bakelite, the first commercially a..

Republic Bancorp Inc. ..ncorporated under the laws of the State of Michigan in 1986. The Companys principal office is located in Ann Arbor, Michigan. Through its wholly-owned..