CM off to Delhi to realize sate's railway dreams

Chief minister B S Yeddyurappa on Monday will present a wish-list to Union railway minister Mamata Banerjee, listing the states demands, including that of new trains and railway lines, to be incorporated in this year's rail budget.

(3) Tangible shareholders' equity is shareholders' equity less goodwill and intangible assets. Non-GAAP Measures Presented in Earnings Release Total non-interest expense $169,143 $17,831 $20,140 $186,974$ 39,701 Goodwill impairment charge(143,389)- - (143,389)-Operating expenses $25,754$17,831 $20,140 $43,585 $ 39,701 Net income (loss) available to common shareholders $(151,400) $3,548$1,462$(147,852)$ 8,640Goodwill impairment charge, net of tax137,414- - 137,414-Net operating income (loss)$(13,986 ) $3,548$1,462$(10,438 )$ 8,640 GREEN BANKSHARES, INC. The Company undertakes no obligation to update forward-lookingstatements GREEN BANKSHARES, INC. Risks and uncertainties related to the Company'sbusiness are discussed in the Company's SEC filings, including its Annual Reporton Form 10-K for the year ended December 31, 2008, and include, but are notlimited to, (1) unanticipated deterioration in the financial condition ofborrowers resulting in significant increases in loan losses and provisions forthose losses; (2) continued deterioration in the residential real estate market;(3) further decline in the economy in the markets that the Company serves; (4)changes in the legislative and regulatory environment; (5) the Company'sinability to successfully implement its growth strategy; and (6) the loss of keypersonnel. All forward-lookingstatements involve risk and uncertainty and actual results could differmaterially from the anticipated results or other expectations expressed in theforward-looking statements.

Certain matters discussed in this news release are not historical facts but are"forward-looking statements" within the meaning of and are furnished pursuant tothe Private Securities Litigation Reform Act of 1995. To mitigate theselimitations, the Company has policies in place to address goodwill impairmentfrom other normal operating expenses to ensure that the Company's operatingresults are properly reflected for period to period comparisons. Non-GAAP financial measures have inherent limitations, are notrequired to be uniformly applied and are not audited. TheCompany utilizes these non-GAAP financial measures to compare the operatingperformance with comparable periods in prior years and with internally preparedprojections. The Company believes that the exclusionof goodwill impairment in expressing net operating income (loss), operatingexpenses and earnings (loss) per share data provides a more meaningful base forperiod to period comparisons which will assist investors in analyzing theoperating results of the Company and predicting operating performance. The goodwill impairment charge isincluded in the financial results presented in accordance with generallyaccepted accounting principles (GAAP). Inaddition, GreenBank conducts separate businesses through three wholly ownedsubsidiaries: Superior Financial Services, Inc., a consumer finance company; GCBAcceptance Corporation, a consumer finance company specializing in automobilelending; and Fairway Title Co., a title insurance company.

It also provides wealth management services through its GreenWealthDivision and residential mortgage lending through its Mortgage Division. GreenBank,which traces its origin to 1890, has 63 branches across East and MiddleTennessee, and one branch each in Bristol, Virginia, and Hot Springs, NorthCarolina. We are cautiously optimistic that,as the economy begins to turn, given our strong capital levels, we will bepositioned to actively participate in the economic recovery cycle." Greeneville, Tennessee-based Green Bankshares, Inc., with total assets ofapproximately $2.630 billion, is the holding company for GreenBank. Puckett concluded, "Although many economists have indicated that the economy hasbottomed, none are projecting, at this time, how long the bottom will lastbefore we see signs of economic improvement.