Northern Star Financial Inc. reported consolidated earnings results for the second quarter and six months ended December 31, 2007. For the quarter, the company reported net loss of $101,430 or $0.12 loss per basic and diluted share on net interest income after provision for loan and lease lossess of $322,065 and total interest income of $855,397 against the net loss of $48,666 or $0.07 loss per basic and diluted share on net interest income after provision for loan and lease lossess of $342,611 and total interest income of $878,204 for the same period last year. For the six months, the company reported net loss of $231,329 or $0.28 loss per basic and diluted share on net interest income after provision for loan and lease lossess of $591,691 and total interest income of $1,668,103 against the net loss of $141,839 or $0.20 loss per basic and diluted share on net interest income after provision for loan and lease lossess of 675,642 and total interest income of $1,659,063 for the same period last year.

Northern Star Financial Inc. reported consolidated earnings results for the first quarter ended September 30, 2007. For the quarter, the company reported net loss of $129,893 compared with a net loss of $93,173 in the first quarter of fiscal year 2006. The basic and diluted loss per share was $0.16 compared with basic and diluted loss per share of $0.13 during the first quarter of last year. Total interest income was $812,706 against $780,859 during the first quarter of last year.

Northern Star Financial Inc. reported earnings results for the fourth quarter and fiscal year ended June 30, 2007. For the quarter, the company reported a consolidated net loss of $142,714 compared with a net loss of $242,343 in the fourth quarter of 2006. For the fiscal year ended, the company reported a consolidated net loss of $569,242 compared with a net loss of $401,980 during fiscal year 2006. The Company reported a basic loss per share of $0.77 during the fiscal year ending June 30, 2007 compared with a basic loss of $0.64 per share during fiscal year ending June 30, 2006.