Just as banking preferences have transformed over the last century, the ways in which  information is received continues to change. In order to reach out to our customers and stay connected, we continue to evaluate our current methods of communication for effectiveness. Recognizing that the popularity and usage of electronic communication has taken off so dramati- cally, we continue to explore different outlets of communication including social media, email, and text alerts. As the Bank continues to grow, our efforts will remain focused on building value for our shareholders and community. Whether our outreach is through new locations or electronic banking, we will continue to stay true to our long standing belief that banking is driven by  relationships and not just transactions. On behalf of the Bancorp’s directors, management and team of dedicated employees,  allow me to express my sincere thanks for the relationship we have with you…our shareholders. Despite the fact that in the current business cycle the financial markets have not reflected the soundness of our performance, you have stood with us through the challenges of the current economy and have not wavered from your steadfast support for the Bancorp. Your company pledges to utilize the strong earnings of this year as a platform to continue to build long term shareholder value. If you have any questions about the Bancorp, please feel free to contact me at 219-853-7575 or by email at dbochnowski@ibankpeoples.com. Sincerely, David A. Bochnowski Chairman and Chief Executive Officer 5