Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
IN THE DISTRICT OF DELAWARE


In re PFF Bancorp, Inc.		Case No. 08-13127
		Reporting Period: 8/1/11 — 8/31/11

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Affidavit /

Document

Explanation

Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Schedule of Cash Receipts and Disbursements

MOR-1

YES

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

YES

Schedule of Professional Fees Paid

MOR-1b

YES

Copies of bank statements

YES

Cash disbursements journals

YES

Statement of Operations

MOR-2

YES

Balance Sheet

MOR-3

YES

Status of Post-petition Taxes

MOR-4

YES

Copies of IRS Form 6123 or payment receipt

N/A

Copies of tax returns filed during reporting period

N/A

Summary of Unpaid Post-petition Debts

MOR-4

YES

Listing of aged accounts payable

MOR-4

YES

Accounts Receivable Reconciliation and Aging

MOR-5

YES

Debtor Questionnaire

MOR-5

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.


Signature of Debtor		Date

Signature of Joint Debtor		Date

/s/ Kevin McCarthy Signature of Authorized Individual*		September 20, 2011 Date

Kevin McCarthy Printed Name of Authorized Individual		CEO Title of Authorized Individual


*		Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re PFF Bancorp, Inc.		Case No. 08-13127
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor’s books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the “CURRENT MONTH - ACTUAL” column must equal the sum of the four bank account columns. The amounts reported in the “PROJECTED” columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1). Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CONT)]


													CUMULATIVE FILING
	BANK ACCOUNTS								CURRENT MONTH				TO DATE
	OPER.			PAYROLL	TAX			OTHER	ACTUAL			PROJECTED	ACTUAL		PROJECTED
CASH BEGINNING OF MONTH	$	66,890.19			$	44,772,522.95			$	44,839,413.14			$	3,637,884.57

RECEIPTS
CASH SALES
ACCOUNTS RECEIVABLE
LOANS AND ADVANCES
SALE OF ASSETS													$	1,033,315.22
OTHER (ATTACH LIST)													$	45,288,111.33
TRANSFERS (FROM DIP ACCTS)

TOTAL RECEIPTS													$	46,321,426.55

DISBURSEMENTS
NET PAYROLL	$	5,920.75							$	5,920.75			$	683,407.82
PAYROLL TAXES
SALES, USE & OTHER TAXES
INVENTORY PURCHASES
SECURED RENTAL/LEASES
INSURANCE
ADMINISTRATIVE	$	12,505.10			$	344.75			$	12,849.85			$	1,081,793.03
SELLING
OTHER (ATTACH LIST)													$	46,506.27

OWNER DRAW*
TRANSFERS (TO DIP ACCTS)

PROFESSIONAL FEES													$	3,285,037.45
U.S. TRUSTEE QUARTERLY FEES													$	41,924.01
COURT COSTS
TOTAL DISBURSEMENTS	$	18,425.85			$	344.75			$	18,770.60			$	5,138,668.58

NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)	$	(18,425.85	)		$	(344.75	)		$	(18,770.60	)		$	41,182,757.977

CASH — END OF MONTH	$	48,464.34			$	44,721,178.20			$	44,820,642.54			$	44,820,642.54


*		COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS	$	18,770.60
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	18,770.60

Account 9146

Account Name PFF Bancorp, Inc.

Reconciliation As of Date 8/31/11


Balance per Bank		$	48,451.97

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount

Total
Other (List)
Bank charges on bank not on books		$	12.37

Balance per Books		$	48,464.34

Account 9472

Account Name PFF Bancorp, Inc. — Tax Refund Holding

Reconciliation As of Date 8/31/11


Balance per Bank		$	44,771,833.45

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount

Total

Other (List)
Bank charges on bank not on books		$	344.75

Balance per Books		$	44,772,178.20


In re PFF Bancorp, Inc.		Case No. 08-13127
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.


		Amount		Check		Amount Paid		Year-To-Date
Payee	Period Covered	Covered	Payor	Number	Date	Fees	Expenses	Fees		Expenses

Paul, Hastings LLP								$	1,791,373.60	$	24,982.85

JH Cohn								$	581,973.90	$	5,472.15

Blank Rome								$	706,419.20	$	22,498.51

Richards Layton & Finger								$	148,785.04	$	3,532.20


Bank of America LOGO		Account Number 9146
		01 01 149 01 M0000 E# 9
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A.		This Statement: 08/31/2011
DALLAS, TEXAS 75283-2406
		Customer Service 1-800-342-7722
PFF BANCORP, INC
DEBTOR IN POSSESSION #08-13127-KJC
OPERATING ACCOUNT
2058 N. MILLS AVE #139		Page 1 of 2
CLAREMONT CA 91711
		Bankruptcy Case Number: 0813127KJC

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/21/2011	Statement Beginning Balance	$	87,642.28
Number of Deposits/Credits	0	Amount of Deposits/Credits	$	0.00
Number of Checks	9	Amount of Checks	$	34,143.58
Number of Other Debits	11	Amount of Other Debits	$	5,046.73
		Statement Ending Balance	$	48,451.97
Number of Enclosures	9
		Service Charge	$	12.37

Withdrawals and Debits

Checks


Check			Date		Bank		Check					Date		Bank
Number	Amount		Posted		Reference		Number			Amount		Posted		Reference
1405	$	48.64		08/08		9092633299		1410		$	74.99		08/18		8792579664
1406	$	4,380.01		08/02		1082613102		1411		$	6,434.96		08/18		2182279642
1407	$	63.10		08/08		9092633306		10069	*	$	3,764.58		08/08		9092539140
1408	$	9,924.64		08/09		2182641090		10070		$	3,554.12		08/18		8792579665
1409	$	5,898.54		08/09		3692389711

Other Debits


	Customer					Bank
Date Posted	Reference		Amount		Description	Reference
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900018
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900019
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900020
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900021
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900022
08/02		1	$	2.00	PHOTOCOPY/DOCUMENT IMAGE		09939900023
08/08			$	2,559.85	ADP TX/FINCL SVC DES: ADP — TAX ID: E2Z8V 080930A01 INDN: PFF BANCORP INC CO ID: 1223006057 CCD		17006533918
08/10			$	53.94	ADP PAYROLL FEES DES: ADP — FEES ID: 13Z8V 9932625 INDN: PFF BANCORP INC CO ID: 9659605001 CCD		21004723984
08/22			$	2,366.63	ADP TX/FINCL SVC DES: ADP — TAX ID: E2Z8V 082332A01 INDN: PFF BANCORP INC CO ID: 1223006057 CCD		31008329696
08/24			$	53.94	ADP PAYROLL FEES DES: ADP — FEES ID: 13Z8V 0454151 INDN: PFF BANCORP INC CO ID: 9659605001 CCD		35005787640
08/31			$	0.37	FDIC ASSESSMENT

Daily Balances


Date	Ledger Balance		Collected Balance		Date		Ledger Balance		Collected Balance
07/29	$	87,642.28	$	87,642.28		08/18	$	50,872.91	$	50,872.91
08/02	$	83,250.27	$	83,250.27		08/22	$	48,506.28	$	48,506.28
08/08	$	76,814.10	$	76,814.10		08/24	$	48,452.34	$	48,452.34
08/09	$	60,990.92	$	60,990.92		08/31	$	48,451.97	$	48,451.97
08/10	$	60,936.98	$	60,936.98


		Account Number 9146
CUSTOMER CONNECTION		01 01 149 01 M0000 E# 9
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011

		Customer Service 1-800-342-7722
PFF BANCORP, INC

		Page 2 of 2

		Bankruptcy Case Number: 0813127KJC

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address.

TERMS AND CONDITIONS. All deposits to, withdrawals from, or other transactions pertaining to your account(s) are subject to the terms and conditions of the agreement you received when you opened your account and any amendments thereto. Amendments to the agreement may be made from time to time in the manner stated therein.

IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS. If you think your statement or receipt is wrong or if you need more information about an electronic transfer (e.g., ATM transactions, direct deposits or withdrawals, point-of-sale transactions) on the statement or receipt, telephone or write us at the address or number listed on the front of this statement as soon you can. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared.


*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For consumer accounts used primarily for personal, family or household purposes, we will investigate your complaint and will correct any error promptly. If we take more than 10 business days (20 business days if you are a new customer, for electronic transfers occurring during the first 30 days after the first deposit is made to your account), to do this, we will re-credit your account for the amount you think is in error so that you will have use of the money during the time it takes us to complete our investigation.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you may call us at the telephone number listed on the front of this statement to find out if the deposit was made as scheduled.

REPORTING OTHER PROBLEMS.

You must examine your statement carefully and promptly. You are in the best position to discover errors and unauthorized transactions on your account. If you fail to notify us in writing of suspected problems or unauthorized transactions within the time periods specified in the deposit agreement (which periods are no more than 60 days after we make the statement available to you and in some cases are 30 days or less), we are not liable to you for, and you agree not to make a claim against us for the problems or unauthorized transactions.


Bank of America LOGO		Account Number 9472
		01 01 152 01 M0000 E# 0
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A.		This Statement: 08/31/2011
DALLAS, TEXAS 75283-2406

		Customer Service 1-800-342-7722
PFF BANCORP, INC
DEBTOR IN POSSESSION #08-13127-KJC
TAX REFUND HOLDING ACCOUNT
2058 N. MILLS AVE #139		Page 1 of 2
CLAREMONT CA 91711
		Bankruptcy Case Number: 0813127KJC

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/31/2011	Statement Beginning Balance	$	44,772,178.20
Number of Deposits/Credits	0	Amount of Deposits/Credits	$	0.00
Number of Checks	0	Amount of Checks	$	0.00
Number of Other Debits	1	Amount of Other Debits	$	344.75
		Statement Ending Balance	$	44,771,833.45
Number of Enclosures	0
		Service Charge	$	344.75

Withdrawals and Debits

Other Debits

Customer

Date Posted

Reference

Amount

Description

Bank Reference

08/31

344.75

FDIC ASSESSMENT

Daily Balances


			Collected						Collected
Date	Ledger Balance		Balance		Date		Ledger Balance		Balance
07/29	$	44,772,178.20	$	44,772,178.20		08/31	$	44,771,833.45	$	44,771,833.45


		Account Number 9472
CUSTOMER CONNECTION		01 01 152 01 M0000 E# 0
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011

		Customer Service 1-800-342-7722
PFF BANCORP, INC
		Page 2 of 2

		Bankruptcy Case Number: 0813127KJC

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address.


*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

REPORTING OTHER PROBLEMS.

PFF Bancorp, Inc.
Transaction Detail by Account
August 2011

Date

Type

Num

Name

Memo/Description

Split

Amount

Balance

B of A Checking

08/01/2011

Journal Entry

506

-SPLIT-

-5,898.54

08/02/2011

Journal Entry

508

-SPLIT-

-42.67

-5,941.21

08/13/2011

Journal Entry

509

-SPLIT-

-74.99

-6,016.20

08/13/2011

Journal Entry

510

-SPLIT-

-6,434.96

-12,451.16

08/15/2011

Journal Entry

511

-SPLIT-

-5,974.69

-18,425.85

Total for B of A Checking

-18,425.85

Money Market — Tax Refund

08/02/2011

Journal Entry

507

-SPLIT-

-344.75

Total for Money Market — Tax Refund

-344.75

Post Petition Debts

08/27/2011

Journal Entry

512

-SPLIT-

5,573.24

08/27/2011

Journal Entry

513

-SPLIT-

6,500.76

12,074.00

08/29/2011

Journal Entry

514

-SPLIT-

5,019.37

17,093.37

Total for Post Petition Debts

17,093.37

Bank Charges

08/02/2011

Journal Entry

507

-SPLIT-

344.75

08/02/2011

Journal Entry

508

-SPLIT-

42.67

387.42

Total for Bank Charges

387.42

Contractor — Talbott

08/13/2011

Journal Entry

510

-SPLIT-

6,125.00

08/27/2011

Journal Entry

513

-SPLIT-

6,437.50

12,562.50

Total for Contractor — Talbott

12,562.50

Contractor — Talbott — Expenses

08/13/2011

Journal Entry

510

-SPLIT-

309.96

08/27/2011

Journal Entry

513

-SPLIT-

63.26

373.22

Total for Contractor — Talbott — Expenses

373.22

Kurtzman Carson

08/01/2011

Journal Entry

506

-SPLIT-

5,898.54

08/29/2011

Journal Entry

514

-SPLIT-

5,019.37

10,917.91

Total for Kurtzman Carson

10,917.91

Office Expenses

08/15/2011

Journal Entry

511

-SPLIT-

53.94

Total for Office Expenses

53.94

Payroll

08/15/2011

Journal Entry

511

-SPLIT-

2,366.63

08/15/2011

Journal Entry

511

-SPLIT-

3,554.12

5,920.75

08/27/2011

Journal Entry

512

-SPLIT-

5,500.00

11,420.75

Total for Payroll

11,420.75

Postage

08/13/2011

Journal Entry

509

-SPLIT-

32.99

08/27/2011

Journal Entry

512

-SPLIT-

37.16

70.15

Total for Postage

70.15

Travel

08/13/2011

Journal Entry

509

-SPLIT-

42.00

08/27/2011

Journal Entry

512

-SPLIT-

36.08

78.08

Total for Travel

78.08



Journal Entry
		Adjusting Journal Entry: Recent
Date: 08/01/2011


Account	Debit		Credit

Kurtzman Carson	$	5,898.54
B of A Checking			$	5,898.54


Totals	$	5,898.54	$	5,898.54

Memo: 6/1 — 6/30/11



Journal Entry
		Adjusting Journal Entry: Recent
Date: 08/02/2011


Account	Debit		Credit

Bank Charges	$	42.67
B of A Checking			$	42.67

Totals	$	42.67	$	42.67

Memo: B of A July



Journal Entry
		Adjusting Journal Entry: Recent
Date: 08/13/2011


Account	Debit		Credit

Postage	$	32.99
Travel	$	42.00
B of A Checking			$	74.99

Totals	$	74.99	$	74.99

Memo: McCarthy 7/30 — 8/12/11



Journal Entry
		Adjusting Journal Entry: Recent
Date: 08/13/2011


Account	Debit		Credit

Contractor — Talbott	$	6,125.00
Contractor — Talbott — Expenses	$	309.96
B of A Checking			$	6,434.96

Totals	$	6,434.96	$	6,434.96

Memo: 7/31 — 8/13/11



Journal Entry
		Adjusting Journal Entry: Recent
Date: 08/15/2011


Account	Debit		Credit

Payroll	$	3,554.12
Payroll	$	2,366.63
Office Expenses	$	53.94
B of A Checking			$	5,974.69

Totals	$	5,974.69	$	5,974.69

Memo: McCarthy 7/30 — 8/13/11

PFF Bancorp, Inc.
Profit & Loss
August 2011


	Total
Income
Total Income
Expenses
Bank Charges		387.42
Contractor — Talbott		12,562.50
Contractor — Talbott — Expenses		373.22
Kurtzman Carson		10,917.91
Office Expenses		53.94
Payroll		11,420.75
Postage		70.15
Travel		78.08

Total Expenses	$	35,863.97


Net Operating Income	$	-35,863.97


Net Income	$	-35,863.97

PFF Bancorp, Inc.
Profit & Loss
December 5, 2008 — August 31, 2011


	Total
Income
Interest Income		49,630.00
Refunds-Allowances		17,200.00
Settlement Funds Received		157,912.20
Workers Comp Experience Refund		10,563.00


Total Income	$	235,305.20
Expenses
Accrued Expenses		0.00
Bank Charges		3,542.08
Blank Rome — Expenses		22,498.51
Blank Rome — Fees		706,419.20
Commissions & Fees		0.00
Contractor — Talbott		679,618.25
Contractor — Talbott — Expenses		8,519.01
Interest Expense		0.99
JH Cohn — Expenses		5,472.15
JH Cohn — Fees		581,973.90
Kurtzman Carson		249,633.40
Legal & Professional Fees		258,102.77
Office Expenses		58,672.17
Payroll		688,907.82
PHJW Expenses		24,982.85
PHJW Fees		1,791,373.60
Post Petit Prof — Pending		592,022.89
Postage		3,103.02
Progressive Reimb		-202416.95
RLF — Fees		148,785.04
RLF Expenses		3,532.20
Supplies		383.11
Taxes & Licenses		15,653.23
Travel		17,386.29
US Trustee		41,924.01


Total Expenses	$	5,700,089.54


Net Operating Income	$	-5,464,784.34
Other Income
Other Income		125,750.46


Total Other Income	$	125,750.46
Other Expenses
Charge Off Invest in PFF B&T		142,517,693.00
Miscellaneous		2,000.20
Total Other Expenses	$	142,519,693.20


Net Other Income	$	-142,393,942.74


Net Income	$	-147,858,727.08

PFF Bancorp, Inc.
Balance Sheet
As of August 31, 2011


	Total
ASSETS
Current Assets
Bank Accounts
B of A Checking		48,464.34
Checking		0.00
Citigroup Margin		700,000.00
M&I Bank Account		1,000,000.00
Money Market — Tax Refund		44,772,178.20
Paine Webber Business Svcs.		0.00
Trust Inv A/C		0.00


Total Bank Accounts	$	46,520,642.54
Other Current Assets
Prepaid — Moffett		44,060.00

Total Other Current Assets	$	44,060.00


Total Current Assets	$	46,564,702.54
Other Assets
Accrued Interest		5,666.00
Accum Comp Gain/Loss 1		136,845.00
Accum Comp Gain/Loss 2		-3,531,160.00
Capital SERP PFF		-377,518.00
Capital Stock Investment		0.00
Common Stock Dist. Def. Comp		1,389,015.00
Common Stock Dist. SERP		641,438.00
Deferred Costs — JR SUB		91,654.00
Interest Receivable		82,351.00
Investment in PFF Real Estate Svcs.		55,000.00
Investment in Trust I		928,000.00
Investment in Trust II		774,000.00
Investment in Trust III		928,000.00
Investment with Subsidiaries		1,307,442.00
Kurtzman Carson Retainer		15,000.00
Net Income/Loss		0.00
Net Income/Loss — DBS		16,886,374.00
Net Income/Loss — GIA		730,807.00
Net Income/Loss — PFF RESI		-29275.00
Net Income/Loss DBS correction		-33,772,748.00
PFF B&T Cash Dividend		0.00
PFF FAS 115		1,228,035.00
Prepaid Expenses		33,000.00
Prepaid OTS Assessment		6,357.00
Progressive — Tail		0.00


	Total
RLF Retainer		65,940.94
Stock Options Granted		24,911,967.00
Travellers Tail		0.00
US Treasury Bonds — HTM		0.00
US Treasury Bonds — UNAM		953.00
US Treasury Bonds Mkt Value		13,329.00
Valuation Allowance		-1,500,413.00


Total Other Assets	$	11,020,059.94


TOTAL ASSETS	$	57,584,762.48

LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
Post Petition Debts		609,116.26


Total Accounts Payable	$	609,116.26
Other Current Liabilities
Accrued Expenses Payable		0.00
Due to FDIC — Taxes		654,985.55
Suspense — NOL Carryback		44,003,715.50


Total Other Current Liabilities	$	44,658,701.05


Total Current Liabilities	$	45,267,817.31
Long Term Liabilities
Accrued Tax Fees		6,311.00
Deferred FIT		-28,733.10
Deferred SIT		-1,378,007.00
FAS 115 FIT		4,132.00
FAS 115 SIT		1,466.00
Intercompany Payable		15.00
Interest Payable — JR SUB Debt		2,743,922.00
Interest Payable — M&I		-106,985.00
Interest Payable — Other Notes		-304,034.00
Interest Payable — Secured Borrowings		80,821.00
Interest Payable — Swap Fixed		452,506.00
Interest Payable — Swap Variable		-364583.00
JR SUB Debt I		30,928,000.00
JR SUB Debt II		25,774,000.00
JR SUB Debt III		30,928,000.00
JR SUB Debt MTM		779,740.00
Notes Payable — DBS		-19,280,093.00
Notes Payable M&I		44,000,000.00
Other Accrued Liabilities		2,806,000.00
Secured Borrowings		486,849.00


Total Long Term Liabilities	$	117,529,326.90


	Total
Total Liabilities	$	162,797,144.21
Equity
APIC Equity Incentive Plan		5,565,899.00
APIC ESOP		28,709,074.00
APIC Preferred Stock		6,990,000.00
APIC Retained Earnings		-53,645,740.00
APIC SERP		-377,518.00
APIC Stock Options Granted		24,901,591.00
APIC Treasury		-113,220,689.00
APIC Valuation Def Tax		10,376.00
Common Stock		224,811.00
Common Stock Aquired		-86371.00
Common Stock Dist Def Comp		1,389,015.00
Common Stock Dist SERP		641,438.00
Dividends		81,713,632.00
ISO Stock Options FAS 123R		326,562.00
NQ Stock Options FAS 123R		700,675.00
Opening Balance Equity		-163,427,263.00
Other Comprehensive Earnings		-2,152,951.00

Paid-In Capital or Surplus		224,451,453.00
Preferred Stock		10,000.00
Retained Earnings		-146,678,997.03
Net Income		-1,257,378.70


Total Equity	$	-105,212,381.73


TOTAL LIABILITIES AND EQUITY	$	57,584,762.48


In re PFF Bancorp, Inc.		Case No. 08-13127
		Reporting Period: 8/1/11 — 8/31/11

STATUS OF POSTPETITION TAXES

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.

Amount

Ending

Beginning

Withheld or

Amount

Check No.

Tax

Federal

Tax Liability

Accrued

Paid

Date Paid

_____T

Liability

Withholding

NONE

FICA-Employee

NONE

FICA-Employer

NONE

Unemployment

NONE

Income

NONE

Other:

NONE

Total Federal Taxes

NONE

State and Local

Withholding

NONE

Sales

NONE

Excise

NONE

Unemployment

NONE

Real Property

NONE

Personal Property

NONE

Other:

NONE

Total State and Local

NONE

Total Taxes

NONE

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

Number of Days Past Due


	Current		0-30	31-60	61-90		Over 90		Total
Accounts Payable	$	5,019.37							$	5,019.37
Wages Payable	$	5,573.24							$	5,573.24
Taxes Payable									NONE
Rent/Leases-Building									NONE
Rent/Leases-Equipment									NONE
Secured Debt/Adequate Protection Payments									NONE
Professional Fees					$	6,465.59	$	585,557.30	$	592,022.89
Amounts Due to Insiders^*									NONE
Other: Contractor	$	6,500.76							$	6,500.76
Other: _____________									NONE
Total Postpetition Debts	$	17,093.37			$	6,465.59	$	585,557.30	$	609,116.26

Explain how and when the Debtor intends to pay any past-due postpetition debts.

Amounts will be paid upon release of tax refund monies held in suspense pending authorization from FDIC.


^*		“Insider” is defined in 11 U.S.C. Section 101(31).


Firm	Description		Requested		Authorized		Expenses		Total Due		Date
PHJW	25th 12/1 – 12/31/10		$	45,418.50	$	36,334.80	$	72.60	$	36,407.40		2/7/2011
	26th 1/1 – 1/31/11		$	48,078.00	$	38,462.40	$	146.84	$	38,609.24		3/28/2011
	27th 2/1 - 2/28/11		$	6,862.50	$	5,490.00	$	1,200.12	$	6,690.12		4/27/2011
	28th 3/1 – 3/31/11		$	12,012.50	$	9,610.00	$	0.00	$	9,610.00		5/23/2011
	Holdback Release		NA		$	92,478.90	$	0.00	$	92,478.90		3/8/2011
RLF	Holdback Release		NA		$	49,420.11	$	0.00	$	49,420.11		3/8/2011
Blank Rome		11/1 – 11/30/10	$	240,362.50	$	192,290.00	$	5,807.63	$	198,097.63		3/14/2011
	Holdback Release		NA		$	88,742.00	$	0.00	$	88,742.00		3/8/2011
JH Cohn	Holdback Release		NA		$	43,626.10	$	0.00	$	43,626.10		3/8/2011
Moffett & Grigorian		11/1/10 – 12/31/10	NA		$	15,290.30	$	0.00	$	15,290.30		12/31/2010
		1/1/11 – 1/31/11	NA		$	6,585.50	$	0.00	$	6,585.50		1/31/2011
		1/27/11 – 6/25/11	NA		$	6,460.00	$	5.59	$	6,465.59		7/1/2011
Kevin McCarthy		8/13/11 – 8/26/11	NA		$	5,500.00	$	73.24	$	5,573.24		8/26/2011
Greg Talbott		8/14/11 – 8/27/11	NA		$	6,437.50	$	63.26	$	6,500.76		8/27/2011
Kurtzman Carson Consultant		7/1/11 – 7/31/11	NA		$	3,541.50	$	1,477.37	$	5,019.37		8/19/2011


Total									$	609,116.26


In re PFF Bancorp, Inc.		08-13127
Debtor		8/1/11 — 8/31/11

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING


Accounts Receivable Reconciliation
Total Accounts Receivable at the beginning of the reporting period		NONE
+ Amounts billed during the period		NONE
- Amounts collected during the period		NONE
Total Accounts Receivable at the end of the reporting period		NONE
Accounts Receivable Aging
0 - 30 days old		NONE
31 -60 days old		NONE
61 - 90 days old		NONE
91+ days old		NONE
Total Accounts Receivable		NONE
Amount considered uncollectible (Bad Debt)		NONE
Accounts Receivable (Net)		NONE

DEBTOR QUESTIONNAIRE


Must be completed each month	Yes	No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

UNITED STATES BANKRUPTCY COURT
IN THE DISTRICT OF DELAWARE


In re Glencrest Investment Advisors, Inc.		Case No. 08-13128
		Reporting Period: 8/1/11 — 8/31/11

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Affidavit /

Document

Explanation

Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Schedule of Cash Receipts and Disbursements

MOR-1

YES

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

YES

Schedule of Professional Fees Paid

MOR-1b

YES

Copies of bank statements

YES

Cash disbursements journals

YES

Statement of Operations

MOR-2

YES

Balance Sheet

MOR-3

YES

Status of Post-petition Taxes

MOR-4

YES

Copies of IRS Form 6123 or payment receipt

N/A

Copies of tax returns filed during reporting period

N/A

Summary of Unpaid Post-petition Debts

MOR-4

YES

Listing of aged accounts payable

MOR-4

YES

Accounts Receivable Reconciliation and Aging

MOR-5

YES

Debtor Questionnaire

MOR-5

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.



Signature of Debtor		Date


Signature of Joint Debtor		Date

/s/ Kevin McCarthy		September 20, 2011

Signature of Authorized Individual*		Date

Kevin McCarthy		CEO

Printed Name of Authorized Individual		Title of Authorized Individual


*		Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re Glencrest Investment Advisors, Inc.		Case No. 08-13128
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS


										CUMULATIVE FILING
	BANK ACCOUNTS						CURRENT MONTH			TO DATE
	OPER.			PAYROLL	TAX	OTHER	ACTUAL		PROJECTED	ACTUAL		PROJECTED
CASH BEGINNING OF MONTH	$	93,512.37					$	93,512.37		$	31,278.00

CASH SALES										$	3,516.02
ACCOUNTS RECEIVABLE
LOANS AND ADVANCES
SALE OF ASSETS										$	30,277.00
OTHER (ATTACH LIST)	$	1,133.10	¹				$	1,133.10		$	63,702.49
TRANSFERS (FROM DIP ACCTS)										$	196,027.42

TOTAL RECEIPTS	$	1,133.10					$	1,133.10		$	293,522.93

NET PAYROLL										$	27,609.67
PAYROLL TAXES
SALES, USE & OTHER TAXES
INVENTORY PURCHASES
SECURED RENTAL/LEASES										$	124,519.58
INSURANCE
ADMINISTRATIVE	$	559.72					$	559.72		$	68,940.93
SELLING
OTHER (ATTACH LIST)

OWNER DRAW*
TRANSFERS (TO DIP ACCTS)										$	4,445.00

PROFESSIONAL FEES
U.S. TRUSTEE QUARTERLY FEES										$	5,200.00
COURT COSTS
TOTAL DISBURSEMENTS	$	559.72					$	559.72		$	230,715.18

NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)	$	573.38					$	573.38		$	62,807.75

CASH — END OF MONTH	$	94,085.75					$	94,085.75		$	94,085.75


*		COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS	$	559.72
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	559.72


¹		California Financial Partners – June & July 2011 $1,133.10

Account 9162

Account Name Glencrest Investment Advisors, Inc.

Reconciliation As of Date 8/31/11


Balance per Bank			$	94,635.02

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount
1145	$	550.00

Total			$	(550.00	)
Other (List)
Bank charges on bank not on books			$	0.73

Balance per Books			$	94,085.75


In re Glencrest Investment Advisors, Inc.		Case No. 08-13128
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

Period

Amount

Check

Amount Paid

Year-To-Date

Payee

Covered

Payor

Number

Date

Fees

Expenses

Fees

Expenses

NONE


Bank of America LOGO		Account Number 9162
		01 01 149 01 M0000 E# 1
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A.		This Statement: 08/31/2011
DALLAS, TEXAS 75283-2406

		Customer Service 1-800-342-7722

GLENCREST INVESTMENT ADVISORS, INC.
DEBTOR IN POSSESSION #08-13128
OPERATING ACCOUNT		Page 1 of 2
2058 N. MILLS AVE #139
CLAREMONT CA 91711		Bankruptcy Case Number: 0813128

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/31/2011	Statement Beginning Balance	$	94,052.65
Number of Deposits/Credits	2	Amount of Deposits/Credits	$	1,133.10
Number of Checks	1	Amount of Checks	$	550.00
Number of Other Debits	1	Amount of Other Debits	$	0.73
		Statement Ending Balance	$	94,635.02
Number of Enclosures	1
		Service Charge	$	0.73

Deposits and Credits

Date

Customer

Bank

Posted

Reference

Amount

Description

Reference

08/02

612.54

CA BANKING CENTER DEPOSIT

110106560691896

08/18

520.56

CA BANKING CENTER DEPOSIT

254006360667378

Withdrawals and Debits

Checks

Check

Date

Bank

Check

Date

Bank

Number

Amount

Posted

Reference

Number

Amount

Posted

Reference

1144

550.00

08/02

5892642677

Other Debits


Date	Customer				Bank
Posted	Reference	Amount		Description	Reference
08/31		$	0.73	FDIC ASSESSMENT

Daily Balances


Date	Ledger Balance		Collected Balance		Date		Ledger Balance		Collected Balance
07/29	$	94,052.65	$	94,052.65		08/18	$	94,635.75	$	94,115.19
08/02	$	94,115.19	$	93,502.65		08/23	$	94,635.75	$	94,604.52
08/05	$	94,115.19	$	94,078.44		08/24	$	94,635.75	$	94,635.75
08/08	$	94,115.19	$	94,115.19		08/31	$	94,635.02	$	94,635.02


		Account Number 9162
CUSTOMER CONNECTION		01 01 149 01 M0000 E# 1
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011

		Customer Service 1-800-342-7722

GLENCREST INVESTMENT ADVISORS, INC.

		Page 2 of 2

		Bankruptcy Case Number: 0813128

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address.


*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

REPORTING OTHER PROBLEMS.

Glencrest Investment Advisors, Inc.
Transaction Detail by Account
August 2011

Date

Type

Num

Name

Memo/Description

Split

Amount

Balance

B of A Checking

08/01/2011

Journal Entry

276

-SPLIT-

612.54

08/02/2011

Journal Entry

277

-SPLIT-

-9.72

602.82

08/17/2011

Journal Entry

278

-SPLIT-

520.56

1,123.38

08/20/2011

Journal Entry

279

-SPLIT-

-550.00

573.38

Total for B of A Checking

573.38

CA Financial Ptnr Income

08/01/2011

Journal Entry

276

-SPLIT-

612.54

08/17/2011

Journal Entry

278

-SPLIT-

520.56

1,133.10

Total for CA Financial Ptnr Income

1,133.10

Bank Charges

08/02/2011

Journal Entry

277

-SPLIT-

9.72

Total for Bank Charges

9.72

Reliable Self Storage

08/20/2011

Journal Entry

279

-SPLIT-

550.00

Total for Reliable Self Storage

550.00


Journal Entry		Adjusting Journal Entry: Recent

Date: 08/01/2011


Account	Debit		Credit

B of A Checking	$	612.54
CA Financial Ptnr Income			$	612.54

Totals	$	612.54	$	612.54

Memo: June 2011 (28 of 48)


Journal Entry		Adjusting Journal Entry: Recent

Date: 08/02/2011


Account	Debit		Credit

Bank Charges	$	9.72
B of A Checking			$	9.72

Totals	$	9.72	$	9.72

Memo: B of A July


Journal Entry		Adjusting Journal Entry: Recent

Date: 08/17/2011


Account	Debit		Credit

B of A Checking	$	520.56
CA Financial Ptnr Income			$	520.56

Totals	$	520.56	$	520.56

Memo: July ‘11 (29 of 48)


Journal Entry		Adjusting Journal Entry: Recent

Date: 08/20/2011


Account	Debit		Credit

Reliable Self Storage	$	550.00
B of A Checking			$	550.00

Totals	$	550.00	$	550.00

Memo: Sept ‘11

Glencrest Investment Advisors, Inc.
Profit & Loss
August 2011


	Total
Income
CA Financial Ptnr Income		1,133.10

Total Income	$	1,133.10
Expenses
Bank Charges		9.72
Reliable Self Storage		550.00

Total Expenses	$	559.72

Net Operating Income	$	573.38

Net Income	$	573.38

Glencrest Investment Advisors, Inc.
Profit & Loss
December 5, 2008 — August 31, 2011


	Total
Income
Ameritrade Close Out		22,111.54
CA Financial Ptnr Income		15,331.64
Fees Billed		3,723.54
Misc Asset Sales — Claremont		30,277.00
Rental Income Palm Desert		27,573.93
Sublease — PFF		6,279.10
Trailer Income		3,263.56


Total Income	$	108,560.31
Expenses
Bank Charges		520.47
Computek I.T.		1,275.00
I 365 Data Storage		20,751.64
Janitorial — Claremont		1,720.00
Janitorial — Palm Desert		560.00
Legal & Professional Fees		-7097.45
Office Expenses		3,959.35
Other General and Admin Expenses		4,141.78
Payroll Expenses		27,603.90
Reliable Self Storage		14,837.74
Rent — Claremont		93,547.58
Rent — Palm Desert		32,194.67
Supplies		-233.34
Taxes & Licenses		2,480.41
US Trustee		5,200.00
Utilities		2,500.98
Utilities — Gas Co		939.56
Utilities — Phone and Data		13,180.03
Utilities — SCE		7,260.65
Utilities — Siemens		848.52
Utilities — Water		15.14


Total Expenses	$	226,206.63


Net Operating Income	$	-117,646.32
Other Income
Other Income		12,419.88

Total Other Income	$	12,419.88
Other Expenses
Miscellaneous		54.11

Total Other Expenses	$	54.11

Net Other Income	$	12,365.77


Net Income	$	-105,280.55

Glencrest Investment Advisors, Inc.
Balance Sheet
As of August 31, 2011


	Total
ASSETS
Current Assets
Bank Accounts
B of A Checking		94,085.75
PFF Checking		0.00
Prepaid Rent — Claremont		0.00

Total Bank Accounts	$	94,085.75

Total Current Assets	$	94,085.75
Other Assets
Advances to Trust		80,000.00
Lease Deposit		0.00
Net Income/Loss GIS		58,822.00
Prepaid — Other		17,680.08
Prepaid A/P		23,437.00
Prepaid Rent & CAM — Claremont		0.00
Prepaid Rent — Palm Desert		0.00
Prin Rec FHLMC SEC Fixed		2,916.92
Property & Equipment		492,486.00
Utility Deposit		0.00
Valuation Allowance		-43,570.00


Total Other Assets	$	631,772.00


TOTAL ASSETS	$	725,857.75

LIABILITIES AND EQUITY
Liabilities
Long Term Liabilities
125 Deductions		5,150.00
401K		469.00
Accrued Payroll		8,000.00
Accrued Vacation		34,313.00
Deferred Federal Inc Tax		93,597.00
Deferred State Franchise Tax		-137,167.00
Employer FICA Tax Payable		27.00
Fed Inc Tax W/H		178.00
Federal Employee FICA		27.00
Intercompany Payable		14,433.00
MISC Unapplied Funds		-224.00
Other Accrued Liability		40,000.00
State Tax W/H		34.00
Sublease Deposit		1.00

Total Long Term Liabilities	$	58,838.00

Total Liabilities	$	58,838.00
Equity
APIC		6,870,597.00
APIC — Retained Earnings		-6,206,986.00
Common Stock		3.00
Opening Balance Equity		-1.00
Retained Earnings		4,255.98
Net Income		-849.23


Total Equity	$	667,019.75


TOTAL LIABILITIES AND EQUITY	$	725,857.75


In re Glencrest Investment Advisors, Inc.		Case No. 08-13128
		Reporting Period: 8/1/11 — 8/31/11

STATUS OF POSTPETITION TAXES

Amount

Ending

Beginning

Withheld or

Amount

Check No.

Tax

Federal

Tax Liability

Accrued

Paid

Date Paid

_____T

Liability

Withholding

NONE

FICA-Employee

NONE

FICA-Employer

NONE

Unemployment

NONE

Income

NONE

Other:

NONE

Total Federal Taxes

NONE

State and Local

Withholding

NONE

Sales

NONE

Excise

NONE

Unemployment

NONE

Real Property

NONE

Personal Property

NONE

Other:

NONE

Total State and Local

NONE

Total Taxes

NONE

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

Number of Days Past Due

Current

0-30

31-60

61-90

Over 90

Total

Accounts Payable

NONE

Wages Payable

NONE

Taxes Payable

NONE

Rent/Leases-Building

NONE

Rent/Leases-Equipment

NONE

Secured Debt/Adequate Protection Payments

NONE

Professional Fees

NONE

Amounts Due to Insiders^*

NONE

Other: _____________

NONE

Other: _____________

NONE

Total Postpetition Debts

NONE

Explain how and when the Debtor intends to pay any past-due postpetition debts.


^*		“Insider” is defined in 11 U.S.C. Section 101(31).


In re Glencrest Investment Advisors, Inc.		08-13128
Debtor		8/1/11 — 8/31/11

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING


Accounts Receivable Reconciliation
Total Accounts Receivable at the beginning of the reporting period		NONE
+ Amounts billed during the period		NONE
- Amounts collected during the period		NONE
Total Accounts Receivable at the end of the reporting period		NONE
Accounts Receivable Aging
0 - 30 days old		NONE
31 -60 days old		NONE
61 - 90 days old		NONE
91+ days old		NONE
Total Accounts Receivable		NONE
Amount considered uncollectible (Bad Debt)		NONE
Accounts Receivable (Net)		NONE

DEBTOR QUESTIONNAIRE


Must be completed each month	Yes	No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

UNITED STATES BANKRUPTCY COURT
IN THE DISTRICT OF DELAWARE


In re Diversified Builder Services, Inc.		Case No. 08-13129
		Reporting Period: 8/1/11 — 8/31/11

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Affidavit /

Document

Explanation

Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Schedule of Cash Receipts and Disbursements

MOR-1

YES

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

YES

Schedule of Professional Fees Paid

MOR-1b

YES

Copies of bank statements

YES

Cash disbursements journals

YES

Statement of Operations

MOR-2

YES

Balance Sheet

MOR-3

YES

Status of Post-petition Taxes

MOR-4

YES

Copies of IRS Form 6123 or payment receipt

N/A

Copies of tax returns filed during reporting period

N/A

Summary of Unpaid Post-petition Debts

MOR-4

YES

Listing of aged accounts payable

MOR-4

YES

Accounts Receivable Reconciliation and Aging

MOR-5

YES

Debtor Questionnaire

MOR-5

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.


Signature of Debtor				Date

Signature of Joint Debtor				Date

/s/ Kevin McCarthy Signature of Authorized Individual*				September 20, 2011 Date

Kevin McCarthy Printed Name of Authorized Individual				CEO Title of Authorized Individual


*		Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re Diversified Builder Services, Inc.		Case No. 08-13129
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS


											CUMULATIVE
	BANK ACCOUNTS						CURRENT MONTH				FILING TO DATE
	OPER.			PAYROLL	TAX	OTHER	ACTUAL			PROJECTED	ACTUAL		PROJECTED
CASH BEGINNING OF MONTH	$	1,757,942.90					$	1,757,942.90			$	1,186,035.00

RECEIPTS
CASH SALES
ACCOUNTS RECEIVABLE
LOANS AND ADVANCES
SALE OF ASSETS
OTHER (ATTACH LIST)											$	350,000.00
TRANSFERS (FROM DIP ACCTS)											$	227,179.23

TOTAL RECEIPTS											$	577,179.23

DISBURSEMENTS
NET PAYROLL
PAYROLL TAXES
SALES, USE & OTHER TAXES
INVENTORY PURCHASES
SECURED RENTAL/LEASES
INSURANCE
ADMINISTRATIVE	$	22.54					$	22.54			$	1,619.53
SELLING
OTHER (ATTACH LIST)											$	99.34

OWNER DRAW*
TRANSFERS (TO DIP ACCTS)

PROFESSIONAL FEES
U.S. TRUSTEE QUARTERLY FEES											$	3,575.00
COURT COSTS
TOTAL DISBURSEMENTS	$	22.54					$	22.54			$	5,293.87

NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)	$	(22.54	)				$	(22.54	)		$	571,885.36

CASH — END OF MONTH	$	1,757,920.36					$	1,757,920.36			$	1,757,920.36


*		COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS	$	22.54
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	22.54

Account 9188

Account Name Diversified Builder Services, Inc.

Reconciliation As of Date 8/31/11


Balance per Bank		$	1,757,906.82

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount

Total Other (List)
Bank charges on bank not on books		$	13.54

Balance per Books		$	1,757,920.36


In re Diversified Builder Services, Inc.		Case No. 08-13129
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

Period

Amount

Check

Amount Paid

Year-To-Date

Payee

Covered

Payor

Number

Date

Fees

Expenses

Fees

Expenses

NONE


Bank of America LOGO		Account Number 9188
		01 01 149 01 M0000 E# 0
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A.		This Statement: 08/31/2011
DALLAS, TEXAS 75283-2406


		Customer Service 1-800-342-7722
DIVERSIFIED BUILDER SERVICES, INC.
DEBTOR IN POSSESSION #08-13129
OPERATING ACCOUNT		Page 1 of 2
2058 N. MILLS AVE #139
CLAREMONT CA 91711		Bankruptcy Case Number: 0813129

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/31/2011	Statement Beginning Balance	$	1,757,920.36
Number of Deposits/Credits	0	Amount of Deposits/Credits	$	0.00
Number of Checks	0	Amount of Checks	$	0.00
Number of Other Debits	1	Amount of Other Debits	$	13.54
		Statement Ending Balance	$	1,757,906.82
Number of Enclosures	0
		Service Charge	$	13.54

Withdrawals and Debits

Other Debits

Date

Customer

Bank

Posted

Reference

Amount

Description

Reference

08/31

13.54

FDIC ASSESSMENT

Daily Balances


Date	Ledger Balance		Collected Balance		Date		Ledger Balance		Collected Balance
07/29	$	1,757,920.36	$	1,757,920.36		08/31	$	1,757,906.82	$	1,757,906.82


		Account Number 9188
CUSTOMER CONNECTION		01 01 149 01 M0000 E# 0
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011

		Customer Service 1-800-342-7722
DIVERSIFIED BUILDER SERVICES, INC.
		Page 2 of 2
		Bankruptcy Case Number: 0813129

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address. TERMS AND CONDITIONS. All deposits to, withdrawals from, or other transactions pertaining to your account(s) are subject to the terms and conditions of the agreement you received when you opened your account and any amendments thereto. Amendments to the agreement may be made from time to time in the manner stated therein.

*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

REPORTING OTHER PROBLEMS.

Diversified Builder Services, Inc.
Transaction Detail by Account
August 2011

Date

Type

Num

Name

Memo/Description

Split

Amount

Balance

B of A Checking

08/02/2011

Journal Entry

-SPLIT-

-22.54

Total for B of A Checking

-22.54

Bank Charges

08/02/2011

Journal Entry

-SPLIT-

22.54

Total for Bank Charges

22.54



Journal Entry		Adjusting Journal Entry: Recent

Date: 08/02/2011


Account	Debit		Credit

Bank Charges	$	22.54
B of A Checking			$	22.54

Totals	$	22.54	$	22.54

Memo: B of A July

Diversified Builder Services, Inc.
Profit & Loss
August 2011


	Total
Income
Total Income
Expenses
Bank Charges		22.54

Total Expenses	$	22.54

Net Operating Income	$	-22.54

Net Income	$	-22.54

Diversified Builder Services, Inc.
Profit & Loss
December 5, 2008 — August 31, 2011


	Total
Income
Lafferty Tax Refunds		227,179.23


Total Income	$	227,179.23
Expenses
Appraisal Services		1,000.00
Bank Charges		619.53
Taxes & Licenses		0.00
U S Trustee		3,575.00

Total Expenses	$	5,194.53


Net Operating Income	$	221,984.70
Other Income
Other Income		-99.34

Total Other Income		-99.34

Net Other Income	$	-99.34


Net Income	$	221,885.36

Diversified Builder Services, Inc.
Balance Sheet
As of August 31, 2011


	Total
ASSETS
Current Assets
Bank Accounts
B of A Checking		1,757,920.36
PFF Checking		0.00
PFF Checking — 10102		0.00


Total Bank Accounts	$	1,757,920.36


Total Current Assets	$	1,757,920.36
Other Assets
100% Loan Loss — Comm Loans — MI		-300,000.00
Accounts Receivable		288,500.00
Commercial LOC — MI		4,300,000.00
Commercial LOC Contra Asset — CLS		-1,050.00
Def Income — Comm Non Accr		-217,552.00
Partial Charge-Offs Comm. Unsecured		-2,579,081.00
Property & Equipment		7,489.00
Val Allow — FIT Deferred Taxes		1,951,021.00
Val Allow — SIT Deferred Taxes		-6,886,601.00


Total Other Assets	$	-3,437,274.00


TOTAL ASSETS	$	-1,679,353.64

LIABILITIES AND EQUITY
Liabilities
Long Term Liabilities
Accrued Interest — Notes Payable		304,034.00
DBS Insurance Payable		160.00
Deferred Fed Income Taxes		1,951,021.00
Deferred Income		288,500.00
Deferred State Inc Taxes		-6,886,601.00
Intercompany Payable		6.00
Notes Payable		19,280,093.00


Total Long Term Liabilities	$	14,937,213.00


Total Liabilities	$	14,937,213.00
Equity
APIC		28,000,000.00
APIC — Retained Earnings		-44,838,453.00
Opening Balance Equity		1.00
Retained Earnings		223,036.84
Net Income		-1151.48
Total Equity	$	-16,616,566.64


TOTAL LIABILITIES AND EQUITY	$	-1,679,353.64


In re Diversified Builder Services, Inc.		Case No. 08-13129
		Reporting Period: 8/1/11 — 8/31/11

STATUS OF POSTPETITION TAXES

Amount

Ending

Beginning

Withheld or

Amount

Check No.

Tax

Federal

Tax Liability

Accrued

Paid

Date Paid

_____T

Liability

Withholding

NONE

FICA-Employee

NONE

FICA-Employer

NONE

Unemployment

NONE

Income

NONE

Other:

NONE

Total Federal Taxes

NONE

State and Local

Withholding

NONE

Sales

NONE

Excise

NONE

Unemployment

NONE

Real Property

NONE

Personal Property

NONE

Other:

NONE

Total State and Local

NONE

Total Taxes

NONE

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

Number of Days Past Due

Current

0-30

31-60

61-90

Over 90

Total

Accounts Payable

NONE

Wages Payable

NONE

Taxes Payable

NONE

Rent/Leases-Building

NONE

Rent/Leases-Equipment

NONE

Secured Debt/Adequate Protection Payments

NONE

Professional Fees

NONE

Amounts Due to Insiders^*

NONE

Other: _____________

NONE

Other: _____________

NONE

Total Postpetition Debts

NONE

Explain how and when the Debtor intends to pay any past-due postpetition debts.


^*		“Insider” is defined in 11 U.S.C. Section 101(31).



In re Diversified Builder Services, Inc.		08-13129
Debtor		8/1/11 — 8/31/11

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING


Accounts Receivable Reconciliation
Total Accounts Receivable at the beginning of the reporting period	$	4,300,000.00
- Amounts charged off during the period
- Amounts collected during the period
Total Accounts Receivable at the end of the reporting period	$	4,300,000.00
Accounts Receivable Aging
0 - 30 days old
31 -60 days old
61 - 90 days old
91+ days old	$	4,300,000.00
Total Accounts Receivable	$	4,300,000.00
Amount considered uncollectible (Bad Debt)	$	2,579,081.00
Accounts Receivable (Net)	$	1,720,911.00

DEBTOR QUESTIONNAIRE


Must be completed each month	Yes		No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.				X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.				X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.		X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.		X
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.				X

UNITED STATES BANKRUPTCY COURT
IN THE DISTRICT OF DELAWARE


In re PFF Real Estate Services, Inc.		Case No. 08-13130
		Reporting Period: 8/1/11 — 8/31/11

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Affidavit /

Document

Explanation

Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Schedule of Cash Receipts and Disbursements

MOR-1

YES

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

YES

Schedule of Professional Fees Paid

MOR-1b

YES

Copies of bank statements

YES

Cash disbursements journals

YES

Statement of Operations

MOR-2

YES

Balance Sheet

MOR-3

YES

Status of Post-petition Taxes

MOR-4

YES

Copies of IRS Form 6123 or payment receipt

N/A

Copies of tax returns filed during reporting period

N/A

Summary of Unpaid Post-petition Debts

MOR-4

YES

Listing of aged accounts payable

MOR-4

YES

Accounts Receivable Reconciliation and Aging

MOR-5

YES

Debtor Questionnaire

MOR-5

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.



Signature of Debtor		Date


Signature of Joint Debtor		Date

		September 20, 2011

Signature of Authorized Individual*		Date

Kevin McCarthy		CEO

Printed Name of Authorized Individual		Title of Authorized Individual


*		Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re PFF Real Estate Services, Inc.		Case No. 08-13130
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS


											CUMULATIVE
	BANK ACCOUNTS						CURRENT MONTH				FILING TO DATE
	OPER.			PAYROLL	TAX	OTHER	ACTUAL			PROJECTED	ACTUAL			PROJECTED
CASH BEGINNING OF MONTH	$	21,986.55					$	21,986.55			$	25,725.04
RECEIPTS
CASH SALES
ACCOUNTS RECEIVABLE
LOANS AND ADVANCES
SALE OF ASSETS
OTHER (ATTACH LIST)
TRANSFERS (FROM DIP ACCTS)
TOTAL RECEIPTS

DISBURSEMENTS
NET PAYROLL
PAYROLL TAXES
SALES, USE & OTHER TAXES
INVENTORY PURCHASES
SECURED RENTAL/LEASES
INSURANCE
ADMINISTRATIVE	$	9.17					$	9.17			$	172.66
SELLING
OTHER (ATTACH LIST)

OWNER DRAW*
TRANSFERS (TO DIP ACCTS)

PROFESSIONAL FEES
U.S. TRUSTEE QUARTERLY FEES											$	3,575.00
COURT COSTS
TOTAL DISBURSEMENTS	$	9.17					$	9.17			$	3,747.66

NET CASH FLOW
(RECEIPTS LESS DISBURSEMENTS)	$	(9.17	)				$	(9.17	)		$	(3,747.66	)

CASH — END OF MONTH	$	21,977.38					$	21,977.38			$	21,977.38


*		COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS	$	9.17
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	9.17

Account 8192

Account Name PFF Real Estate Services, Inc.

Reconciliation As of Date 8/31/11


Balance per Bank		$	21,977.21

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount

Total Other (List)
Bank charges on bank not on books		$	0.17

Balance per Books		$	21,977.38


In re PFF Real Estate Services, Inc.		Case No. 08-13130
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

Period

Amount

Check

Amount Paid

Year-To-Date

Payee

Covered

Payor

Number

Date

Fees

Expenses

Fees

Expenses

NONE


Bank of America LOGO		Account Number 8192
		01 01 149 01 M0000 E# 0
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A.		This Statement: 08/31/2011

DALLAS, TEXAS 75283-2406		Customer Service 1-800-342-7722
PFF REAL ESTATE SERVICES, INC.
DEBTOR IN POSSESSION #08-13130
2058 N. MILLS AVE #139		Page 1 of 2
CLAREMONT CA 91711		Bankruptcy Case Number: 0813130

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/31/2011	Statement Beginning Balance	$	21,977.38
Number of Deposits/Credits	0	Amount of Deposits/Credits	$	0.00
Number of Checks	0	Amount of Checks	$	0.00
Number of Other Debits	1	Amount of Other Debits	$	0.17
		Statement Ending Balance	$	21,977.21
Number of Enclosures	0
		Service Charge	$	0.17

Withdrawals and Debits

Other Debits

Date

Customer

Bank

Posted

Reference

Amount

Description

Reference

08/31

0.17

FDIC ASSESSMENT

Daily Balances


Date	Ledger Balance		Collected Balance		Date		Ledger Balance		Collected Balance
07/29	$	21,977.38	$	21,977.38		08/31	$	21,977.21	$	21,977.21


		Account Number 8192
CUSTOMER CONNECTION		01 01 149 01 M0000 E# 0
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011

		Customer Service 1-800-342-7722
PFF REAL ESTATE SERVICES, INC.
		Page 2 of 2
		Bankruptcy Case Number: 0813130

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address.


*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

REPORTING OTHER PROBLEMS.

PFF Real Estate Services, Inc.
Transaction Detail by Account
August 2011

Date

Type

Num

Name

Memo/Description

Split

Amount

Balance

B of A Checking

08/02/2011

Journal Entry

-SPLIT-

-9.17

Total for B of A Checking

-9.17

Bank Charges

08/02/2011

Journal Entry

-SPLIT-

9.17

Total for Bank Charges

9.17


Journal Entry		Adjusting Journal Entry: Recent

Date: 08/02/2011


Account	Debit		Credit

Bank Charges	$	9.17
B of A Checking			$	9.17

Totals	$	9.17	$	9.17

Memo: B of A July

PFF Real Estate Services, Inc.
Profit & Loss
August 2011


	Total
Income
Total Income
Expenses
Bank Charges		9.17

Total Expenses	$	9.17

Net Operating Income	$	-9.17

Net Income	$	-9.17

PFF Real Estate Services, Inc.
Profit & Loss
December 5, 2008 — August 31, 2011


	Total
Income
Total Income
Expenses
Bank Charges		172.66
U S Trustee		3,575.00

Total Expenses	$	3,747.66

Net Operating Income	$	-3,747.66
Other Income
Other Income		0.04

Total Other Income	$	0.04

Net Other Income	$	0.04

Net Income	$	-3,747.62

PFF Real Estate Services, Inc.
Balance Sheet
As of August 31, 2011


	Total
ASSETS
Current Assets
Bank Accounts
B of A Checking		21,977.38
PFF Checking		0.00

Total Bank Accounts	$	21,977.38

Total Current Assets	$	21,977.38

TOTAL ASSETS	$	21,977.38

LIABILITIES AND EQUITY
Liabilities
Total Liabilities
Equity
APIC — Retained Earnings		-29,275.00
Common Stock		55,000.00
Opening Balance Equity		0.00
Retained Earnings		-2,744.06
Net Income		-1,003.56

Total Equity	$	21,977.38

TOTAL LIABILITIES AND EQUITY	$	21,977.38


In re PFF Real Estate Services, Inc.		Case No. 08-13130
		Reporting Period: 8/1/11 — 8/31/11

STATUS OF POSTPETITION TAXES

Amount

Ending

Beginning

Withheld or

Amount

Check No.

Tax

Federal

Tax Liability

Accrued

Paid

Date Paid

_____T

Liability

Withholding

NONE

FICA-Employee

NONE

FICA-Employer

NONE

Unemployment

NONE

Income

NONE

Other:

NONE

Total Federal Taxes

NONE

State and Local

Withholding

NONE

Sales

NONE

Excise

NONE

Unemployment

NONE

Real Property

NONE

Personal Property

NONE

Other:

NONE

Total State and Local

NONE

Total Taxes

NONE

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

Number of Days Past Due

Current

0-30

31-60

61-90

Over 90

Total

Accounts Payable

NONE

Wages Payable

NONE

Taxes Payable

NONE

Rent/Leases-Building

NONE

Rent/Leases-Equipment

NONE

Secured Debt/Adequate Protection Payments

NONE

Professional Fees

NONE

Amounts Due to Insiders^*

NONE

Other:

NONE

Other:

NONE

Total Postpetition Debts

NONE

Explain how and when the Debtor intends to pay any past-due postpetition debts.


^*		“Insider” is defined in 11 U.S.C. Section 101(31).


In re PFF Real Estate Services, Inc.		08-13130
Debtor		8/1/11 — 8/31/11

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING


Accounts Receivable Reconciliation
Total Accounts Receivable at the beginning of the reporting period		NONE
+ Amounts billed during the period		NONE
- Amounts collected during the period		NONE
Total Accounts Receivable at the end of the reporting period		NONE
Accounts Receivable Aging
0 - 30 days old		NONE
31 -60 days old		NONE
61 - 90 days old		NONE
91+ days old		NONE
Total Accounts Receivable		NONE
Amount considered uncollectible (Bad Debt)		NONE
Accounts Receivable (Net)		NONE

DEBTOR QUESTIONNAIRE


Must be completed each month	Yes	No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

UNITED STATES BANKRUPTCY COURT
IN THE DISTRICT OF DELAWARE


In re Glencrest Insurance Services, Inc.		Case No. 08-13131
		Reporting Period: 8/1/11 — 8/31/11

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Affidavit /

Document

Explanation

Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Schedule of Cash Receipts and Disbursements

MOR-1

YES

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

YES

Schedule of Professional Fees Paid

MOR-1b

YES

Copies of bank statements

YES

Cash disbursements journals

YES

Statement of Operations

MOR-2

YES

Balance Sheet

MOR-3

YES

Status of Post-petition Taxes

MOR-4

YES

Copies of IRS Form 6123 or payment receipt

N/A

Copies of tax returns filed during reporting period

N/A

Summary of Unpaid Post-petition Debts

MOR-4

YES

Listing of aged accounts payable

MOR-4

YES

Accounts Receivable Reconciliation and Aging

MOR-5

YES

Debtor Questionnaire

MOR-5

YES

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.


Signature of Debtor		Date

Signature of Joint Debtor		Date

/s/ Kevin McCarthy Signature of Authorized Individual*		September 20, 2011 Date

Kevin McCarthy Printed Name of Authorized Individual		CEO Title of Authorized Individual


*		Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re Glencrest Insurance Services, Inc.		Case No. 08-13131
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS


	BANK ACCOUNTS					CURRENT MONTH			CUMULATIVE FILING TO DATE
	OPER.		PAYROLL	TAX	OTHER	ACTUAL		PROJECTED	ACTUAL		PROJECTED
CASH BEGINNING OF MONTH	$	90,780.24				$	90,780.24		$	44,046.24

RECEIPTS
CASH SALES	$	153.27				$	153.27		$	50,435.90
ACCOUNTS RECEIVABLE
LOANS AND ADVANCES
SALE OF ASSETS									$	307.22
OTHER (ATTACH LIST)
TRANSFERS (FROM DIP ACCTS)

TOTAL RECEIPTS	$	153.27				$	153.27		$	50,743.12

DISBURSEMENTS
NET PAYROLL
PAYROLL TAXES
SALES, USE & OTHER TAXES
INVENTORY PURCHASES
SECURED RENTAL/LEASES
INSURANCE
ADMINISTRATIVE	$	9.70				$	9.70		$	290.55
SELLING
OTHER (ATTACH LIST)

OWNER DRAW*
TRANSFERS (TO DIP ACCTS)

PROFESSIONAL FEES
U.S. TRUSTEE QUARTERLY FEES									$	3,575.00
COURT COSTS

TOTAL DISBURSEMENTS	$	9.70				$	9.70		$	3,865.55
NET CASH FLOW (RECEIPTS LESS DISBURSEMENTS)	$	143.57				$	143.57		$	46,877.57

CASH — END OF MONTH	$	90,923.81				$	90,923.81		$	90,923.81


*		COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS	$	9.70
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	9.70

Account 8202

Account Name Glencrest Insurance Services, Inc.

Reconciliation As of Date 8/31/11


Balance per Bank		$	90,923.11

Deposits in Transit
Date	Amount

Total

Outstanding Checks
Check #	Amount

Total
Other (List)
Bank charges on bank not on books		$	0.70

Balance per Books		$	90,923.81


In re Glencrest Insurance Services, Inc.		Case No. 08-13131
		Reporting Period: 8/1/11 — 8/31/11

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

Period

Amount

Check

Amount Paid

Year-To-Date

Payee

Covered

Payor

Number

Date

Fees

Expenses

Fees

Expenses

NONE


Bank of America LOGO		Account Number 8202
		01 01 149 01 M0000 E# 0
CUSTOMER CONNECTION		Last Statement: 07/29/2011
BANK OF AMERICA, N.A. DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011


GLENCREST INSURANCE SERVICES, INC.		Customer Service 1-800-342-7722
DEBTOR IN POSSESSION #08-13131
2058 N. MILLS AVE #139		Page 1 of 2

CLAREMONT CA 91711		Bankruptcy Case Number: 0813131

CUSTOMER CONNECTION ECONOMY CHECKING

Account Summary Information


Statement Period	07/30/2011 — 08/31/2011	Statement Beginning Balance	$	90,770.54
Number of Deposits/Credits	1	Amount of Deposits/Credits	$	153.27
Number of Checks	0	Amount of Checks	$	0.00
Number of Other Debits	1	Amount of Other Debits	$	0.70
		Statement Ending Balance	$	90,923.11

Number of Enclosures	0
		Service Charge	$	0.70

Deposits and Credits

Date

Customer

Posted

Reference

Amount

Description

Bank Reference

08/02

153.27

CA BANKING CENTER DEPOSIT

110106560691898

Withdrawals and Debits

Other Debits

Date

Customer

Posted

Reference

Amount

Description

Bank Reference

08/31

0.70

FDIC ASSESSMENT

Daily Balances


Date	Ledger Balance		Collected Balance		Date		Ledger Balance		Collected Balance
07/29	$	90,770.54	$	90,770.54		08/08	$	90,923.81	$	90,923.81
08/02	$	90,923.81	$	90,770.54		08/31	$	90,923.11	$	90,923.11
08/05	$	90,923.81	$	90,914.62


		Account Number 8202
CUSTOMER CONNECTION		01 01 149 01 M0000 E# 0
BANK OF AMERICA, N.A.		Last Statement: 07/29/2011
DALLAS, TEXAS 75283-2406		This Statement: 08/31/2011


		Customer Service 1-800-342-7722

GLENCREST INSURANCE SERVICES, INC.

		Page 2 of 2

		Bankruptcy Case Number: 0813131

IMPORTANT INFORMATION

CHANGE OF ADDRESS. Please call us at the customer service telephone number listed on the front of this statement to tell us about a change of address.

*		Tell us your name and account number

*		Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information

*		Tell us the dollar amount of the suspected error.

For other accounts, we investigate, and if we find we have made an error, we will make the appropriate adjustment to your account at the conclusion of our investigation.

DIRECT DEPOSITS.

REPORTING OTHER PROBLEMS.

Glencrest Insurance Services, Inc.
Transaction Detail by Account
August 2011

Date

Type

Num

Name

Memo/Description

Split

Amount

Balance

B of A Checking

08/01/2011

Journal Entry

114

-SPLIT-

153.27

08/02/2011

Journal Entry

115

-SPLIT-

-9.70

143.57

Total for B of A Checking

143.57

Fees Billed

08/01/2011

Journal Entry

114

-SPLIT-

153.27

Total for Fees Billed

153.27

Bank Charges

08/02/2011

Journal Entry

115

-SPLIT-

9.70

Total for Bank Charges

9.70

Journal Entry

Adjusting Journal Entry: Recent

Date: 08/01/2011


Account	Debit		Credit

B of A Checking	$	153.27
Fees Billed			$	153.27

Totals	$	153.27	$	153.27

Memo: Transamerica

Journal Entry

Adjusting Journal Entry: Recent

Date: 08/02/2011


Account	Debit		Credit

Bank Charges	$	9.70
B of A Checking			$	9.70

Totals	$	9.70	$	9.70

Memo: B of A July

Glencrest Insurance Services, Inc.
Profit & Loss
August 2011


	Total
Income
Fees Billed		153.27

Total Income	$	153.27
Expenses
Bank Charges		9.70

Total Expenses	$	9.70

Net Operating Income	$	143.57

Net Income	$	143.57

Glencrest Insurance Services, Inc.
Profit & Loss
December 5, 2008 — August 31, 2011


	Total
Income
Fees Billed		50,435.90

Total Income	$	50,435.90
Expenses
Bank Charges		290.55
Taxes & Licenses		0.00
US Trustee		3,575.00

Total Expenses	$	3,865.55

Net Operating Income	$	46,570.35
Other Income
Other Income		307.22

Total Other Income	$	307.22

Net Other Income	$	307.22

Net Income	$	46,877.57

Glencrest Insurance Services, Inc.
Balance Sheet
As of August 31, 2011


	Total
ASSETS
Current Assets
Bank Accounts
B of A Checking		90,923.81
Operating Acct		0.00
PFF Checking		0.00

Total Bank Accounts	$	90,923.81

Total Current Assets	$	90,923.81
Other Assets
Prepaid Expenses and Other Assets		36,194.00
Property & Equipment		16,201.00

Total Other Assets	$	52,395.00


TOTAL ASSETS	$	143,318.81

LIABILITIES AND EQUITY
Liabilities
Long Term Liabilities
Deferred Tax		36,194.00
Fees Payable		-322.00

Total Long Term Liabilities	$	35,872.00

Total Liabilities	$	35,872.00
Equity
APIC — R/E Dividends Paid		-5,440,000.00
APIC — Retained Earnings		5,480,569.00
Common Stock		20,000.00
Opening Balance Equity		0.24
Retained Earnings		46,960.14
Net Income		-82.57


Total Equity	$	107,446.81


TOTAL LIABILITIES AND EQUITY	$	143,318.81


In re Glencrest Insurance Services, Inc.		Case No. 08-13131
		Reporting Period: 8/1/11 — 8/31/11

STATUS OF POSTPETITION TAXES

Amount

Ending

Beginning

Withheld or

Amount

Check No.

Tax

Federal

Tax Liability

Accrued

Paid

Date Paid

_____T

Liability

Withholding

NONE

FICA-Employee

NONE

FICA-Employer

NONE

Unemployment

NONE

Income

NONE

Other:

NONE

Total Federal Taxes

NONE

State and Local

Withholding

NONE

Sales

NONE

Excise

NONE

Unemployment

NONE

Real Property

NONE

Personal Property

NONE

Other:

NONE

Total State and Local

NONE

Total Taxes

NONE

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

Number of Days Past Due

Current

0-30

31-60

61-90

Over 90

Total

Accounts Payable

NONE

Wages Payable

NONE

Taxes Payable

NONE

Rent/Leases-Building

NONE

Rent/Leases-Equipment

NONE

Secured Debt/Adequate Protection Payments

NONE

Professional Fees

NONE

Amounts Due to Insiders^*

NONE

Other:

NONE

Other:

NONE

Total Postpetition Debts

NONE

Explain how and when the Debtor intends to pay any past-due postpetition debts.


^*		“Insider” is defined in 11 U.S.C. Section 101(31).


In re Glencrest Insurance Services, Inc.		08-13131
Debtor		7/1-8/31/11

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING


Accounts Receivable Reconciliation
Total Accounts Receivable at the beginning of the reporting period		NONE
+ Amounts billed during the period		NONE
- Amounts collected during the period		NONE
Total Accounts Receivable at the end of the reporting period		NONE
Accounts Receivable Aging
0 - 30 days old		NONE
31 -60 days old		NONE
61 - 90 days old		NONE
91+ days old		NONE
Total Accounts Receivable		NONE
Amount considered uncollectible (Bad Debt)		NONE
Accounts Receivable (Net)		NONE

DEBTOR QUESTIONNAIRE


Must be completed each month	Yes	No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

PFF BANCORP INC 8-K