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Federal R eserve Bank of Dallas D a l l a s , T exas 75222 Notice 94-83 August 16, 1994 ELECTION OF DIRECTORS NOMINATION PROCEDURES To All Member Banks in the Eleventh Federal Reserve District: An election will be held under the provisions of Section 4 of the Federal Reserve Act to choose successors to the following directors of this Bank, whose terms expire December 31,1994: Class A Director— Eugene M. Phillips Chairman of the Board and President The First National Bank of Panhandle Panhande, Texas Class B Director — Peyton Yates President Yates Drilling Company Artesia, New Mexico Mr. Phillips, the Class A Director, was elected by banks in Group 3, consisting of banks having capital and surplus of $2,500,000 and under, and his successor will be chosen by the banks in this group. Mr. Phillips will not stand for reelection since he was elected on June 23,1994, by banks in Group 2, to fill Jeff Austin's unexpired portion of a three-year term ending December 31, 1995. Mr. Yates, the Class B Director, was elected by banks in Group 1, consisting of banks having capital and surplus of $10,000,000 and over, and his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. Yates will have served one year of an unexpired term and a full three-year term. He is eligible for reelection. The banks comprising Groups 1 and 3 are listed on the following pages. The group in which a member bank will be entitled to vote will be determined by its classification as of the date of this letter, even though its capital and surplus may subsequently change prior to the date of the election. Except in the case of any member banks that are subsidiaries of the same bank holding company,* each bank in Group 1 is permitted to nominate one candidate for Class B Director and each bank in Group 3 is permitted to nominate one candidate for Class A Director. When several banks are subsidiaries of a bank holding company, the nomination form is being sent only to the bank designated to participate in this election; therefore, banks in Groups 1 and 3 that will not participate in this election are being sent this notice, without forms, for their information. The nominations must be made by resolution of the Board of Directors, certified to me and received in my office on or before September 16,1994. A form and return envelope for this purpose are enclosed. On September 28, 1994, a list of the candidates (indicating the nominating banks) and a preferential ballot will be mailed to each bank in the voting groups. The ballot must be cast within 15 days after receipt. The polls will open at 9 a.m. on October 5,1994, and close at 2 p.m. on October 20,1994. At that time, the ballot box will be opened at this Bank, the votes counted, and the results of the election announced. The candidates are invited to be present or represented on that occasion. *Section 4 of the Federal Reserve Act, as amended, reads in part as follows: “...That whenever any member banks within the same Federal Reserve district are subsidiaries of the same bank holding company within the meaning of the Bank Holding Company Act of 1956, participation in any such nomination or election by such member banks, including such bank holding company if it is also a member bank, shall be confined to one of such banks, which may be designated for the purpose by such holding company.” The Board of Governors of the Federal Reserve System has ruled that a holding company affiliate, having one or more subsidiary banks in each of the three groups into which member banks of a Federal Reserve district are divided for the purpose of electing directors, may designate one such bank in each group to participate in the nomination and election of each Class A Director and each Class B Director chosen by the group of which such bank is a member and such member bank so designated may validly participate in such nomination and election. Accordingly, banks in Groups 1 and 3 affected by the foregoing provision of law are requested to take prompt action to have the appropriate bank holding company designate, if it has not already designated, one of such banks to participate in this election. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) In order to be counted, the ballot must be executed by an officer authorized to cast the vote. Officers so authorized are listed on the following pages. The authority conferred on these officers continues until revoked; they need not be redesignated. Each member bank that has not designated an officer or officers for the purpose of signing the ballot, or any bank that desires to change its designation should do so by resolution of its Board of Directors and certify the designation to me before the polls close. A form for this purpose will be furnished upon request. If the official signature of the officer or officers authorized to cast the ballot has not been filed with this Federal Reserve Bank, such official signature should be filed before the polls close. While the banks in Group 2 will not vote in this election, this notice is sent to them without forms for their information. Group 2 consists of member banks with combined capital and surplus of over $2,500,000 but under $ 10,000,000. Sincerely yours, Chairman of the Board Enclosures (2) Information Concerning Eligibility for Class B Directorship of a Federal Reserve Bank Section 4 of the Federal Reserve Act, as amended by the Federal Reserve Reform Act of 1977, contains the following provisions: “Class B shall consist of three members who shall represent the public and shall be elected without discrimination on the basis of race, creed, color, sex, or national origin, and with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor, and consumers “No director of Class B shall be an officer, director, or employee of any bank.” “No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank.” The Board of Governors of the Federal Reserve System has expressed the opinion . .that, to be consistent with the spirit and underlying principles of the Federal Reserve Act, it is inappropriate, as a general rule, for officers and directors of Federal Reserve Banks and Branches to hold partisan political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or to act as members of political party committees.” GROUP 1 Consists of all m em ber banks having capital and surplus of $10,000,000 and over. Banks in this group elect one Class B Director. LOUISIANA Location Minden Monroe Shreveport Name of Bank or Trust Company Minden Bank & Trust Com pany................................. ................... Central Bank.................................................................. .................. Commercial National Bank in Shreveport................ ................... Officers Authorized to Cast Vote President President, Vice President, Cashier Chairman, President, Vice President, Cashier NEW MEXICO Location Las Cruces Name of Bank or Trust Company First National Bank of Dona Ana C ounty............................... ..... Officers Authorized to Cast Vote President, Vice President, Cashier TEXAS Location Abilene Amarillo Amarillo Bellaire Brownsville Dallas Dallas Dallas Name of Bank or Trust Company First National Bank of A b ile n e ................................................ Amarillo National B a n k ............................................................ Boatmen’s First National Bank of A m a rillo ........................... Citizens National Bank of T exa s............................................. The Mercantile Bank, N.A......................................................... Bank One, Texas, National A ssociation................................ NationsBank of Texas, National Association........................ Northern Trust Bank of Texas, N.A......................................... ...... 3 Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier President Chairman, President, Cashier Chairman Chairman, President President GROUP 1 — Continued TEXAS — Continued Location Name of Bank or Trust Company Dallas Dallas El Paso El Paso Fort Worth Grand Prairie Grapevine Henderson Houston Houston Houston Texas Independent Bank................................................................ U.S. Trust Company of Texas, National Association................. Bank of the W e s t............................................................................. State National B ank........................................................................ Overton Bank and Trust, National Association........................... Riverside National B a n k ................................................................. First National Bank of Grapevine.................................................. Citizens National Bank of Henderson........................................... BankTEXAS National Association................................................ Charter National Bank - Houston.................................................. First Interstate Bank of Texas, N.A................................................ Houston Houston Houston Houston Huntsville Irving Laredo Laredo Longview Lubbock Lubbock Lockwood National Bank of Houston............................................ MetroBank, National Association.................................................. Southwest Bank of Texas, N.A....................................................... Texas Commerce Bank National Association.............................. First National Bank of Huntsville.................................................... Bank of America Texas, N.A.......................................................... The Laredo National B a n k............................................................. Union National Bank of T e x a s ....................................................... Longview National B a n k................................................................. First National Bank of West T e x a s ............................................... The Plains National Bank of Lubbock........................................... Lufkin McAllen Midland Midland Lufkin National Bank....................................................................... Texas State B a n k............................................................................ Midland National Bank.................................................................... Texas National Bank - M idland...................................................... San Angelo San Antonio San Antonio San Antonio Tyler Victoria Waco Weatherford Texas Commerce Bank - San Angelo, National Association.... Broadway National B a n k ................................................................ The Frost National Bank of San A n to n io ..................................... Groos Bank, National Association................................................ Tyler Bank & Trust, National A ssociation.................................... First Victoria National B a n k ........................................................... First National Bank of Central T exa s............................................ Texas Bank ..................................................................................... 4 Officers Authorized to Cast Vote President, Chief Executive Officer Chairman, President, Senior Vice President Chairman President President Vice Chairman, President Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President President, Chairman of the Executive Committee President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Richard Levy, Vice President President, Vice President Chairman, President Vice President, Cashier President, Vice President, Cashier Alan White, Chairman; John C. Owens, President; DeWayne V. Pierce, Senior Executive Vice President Chairman, President, Vice President Chairman, President, Cashier * President, Executive Vice President/Chief Operating Officer President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Neil S. West, Chairman Chairman, President, Vice President, Cashier President President Information Concerning Eligibility for Class A Directorship of a Federal Reserve Bank Section 4 of the Federal Reserve Act, as amended by the Federal Reserve Reform Act of 1977, contains the following provisions: “Class A shall consist of three members, without discrimination on the basis of race, creed, color, sex, or national origin, who shall be chosen by and be representative of the stockholding banks.” “No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director.” Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director.” “No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank.” The Board of Governors of the Federal Reserve System has expressed the opinion “.. .that, to be consistent with the spirit and underlying principles of the Federal Reserve Act, it is inappropriate, as a general rule, for officers and directors of Federal Reserve Banks and Branches to hold partisan political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or to act as members of political party committees.” GROUP 3 Consists of all m em ber banks having capital and surplus of $2,500,000 and under. Banks in this group elect one Class A Director. LOUISIANA Location Arcadia Benton Homer Lake Providence Mansfield Oak Grove Ruston Name of Bank or Trust Company First National Bank, Bienville Parish............................................ First National Bank of B enton....................................................... The Homer National B a n k ............................................................ The First National Bank of Lake Providence.............................. Progressive National Bank of DeSoto P a rish ............................. West Carroll National Bank of Oak G ro v e .................................. American Bank of Ruston, National Association........................ Officers Authorized to Cast Vote President President Chairman, President, Vice President, Cashier President Chairman, President President President, Vice President, Cashier NEW MEXICO Location Name of Bank or Trust Company Alamogordo First National Bank in Alam ogordo.......................................... Las Cruces Lordsburg Portales Portales Roswell Ruidoso Silver City Socorro Tucumcari United New Mexico Bank, National Association.................... Western B a n k.............................................................................. The Portales National B a n k....................................................... United New Mexico Bank, National Association.................... First National Bank of Chaves C ounty..................................... First National Bank of R uidoso................................................ The American National Bank of Silver C ity ............................ United New Mexico Bank, National Association.................... McFarland Brothers B ank.......................................................... 5 Officers Authorized to Cast Vote Chairman, President, Executive Vice President, Vice President President President President, Cashier President, Vice President, Cashier President, Executive Vice President, Cashier * Cashier President G. A. Poling, Jr., President GROUP 3 — Continued TEXAS Location Abilene Addison Albany Allen Alpine Amarillo Amherst Anahuac Anderson Andrews Anson Arlington Arlington Aspermont Austin Baird Ballinger Baytown Beeville Bells Belton Big Lake Big Spring Blanco Brackettville Brady Brady Breckenridge Brenham Bridgeport Bronte Brookshire Brownfield Brownwood Bryan Buchanan Dam Bullard Burkburnett Byers Caddo Mills Caldwell Cameron Cameron Canadian Canton Canyon Chillicothe Cisco Clarendon Claude Cleveland College Station Colorado City Colorado City Comanche Conroe Cooper Corpus Christi Corsicana Corsicana Name of Bank or Trust Company First State Bank, National Association................................ ......... Addison National B a n k ......................................................... ......... The First National Bank of Albany/Breckenridge.............. ......... First National Bank of A lle n ................................................. ......... First National Bank in A lp in e ............................................... ......... Western National B ank......................................................... ......... The First National Bank of Am herst.................................... ......... Anahuac National B a n k........................................................ ......... The First National Bank of Anderson.................................. ......... First National Bank of A n d re w s........................................... ......... The First National Bank of A nson........................................ ......... Northwest National Bank of A rlington................................. ......... Security Bank of A rlin g to n .................................................... ......... The First National Bank of Asperm ont................................ ......... Austin National B a n k ............................................................ ......... The First National Bank of B aird.......................................... ......... The First National Bank of B allinger................................... ......... Texas National Bank of Baytown......................................... ......... The First National Bank of Beeville..................................... ......... The First National Bank of B e lls .......................................... ......... Peoples National B a n k ......................................................... ......... First National Bank of Big L a k e ........................................... ......... The State National Bank of Big S p rin g ............................... ......... The Blanco National B a n k.................................................... ......... The First State B ank.............................................................. ......... The Brady National Bank...................................................... ......... The Commercial National Bank of Brady........................... ......... Citizens National Bank of Breckenridge............................ ......... Texas National B a n k ............................................................. ......... The First National Bank of Bridgeport................................. ......... First National Bank in B ronte............................................... ......... Texas Premier Bank, National Association........................ ......... The First National Bank of B row nfield................................ ......... Citizens National Bank at Brownwood................................ ......... The First National Bank of Bryan......................................... ......... Lake Buchanan State B a n k ................................................. ......... First National Bank of B ullard.............................................. ......... First National Bank in Burkburnett...................................... ......... The First National Bank of B yers......................................... ......... The State National Bank of Caddo M ills ............................. ......... Caldwell National Bank................................................................... The Citizens National Bank of Milam C o u n ty .................... ......... First National Bank in Cam eron........................................... ......... The First National Bank of Canadian.................................. ......... The First National Bank of Canton...................................... ......... The First National Bank in C anyon..................................... ......... The First National Bank of Chillicothe................................. ......... First National Bank in C is c o ................................................. ......... First Bank & Trust of C larendon.......................................... ......... The First National Bank of C laude...................................... ......... First National Bank of C leveland......................................... ......... Commerce National Bank..................................................... ......... The City National Bank of Colorado C ity ........................... ......... First National Bank of Colorado C ity................................... ......... The Comanche National Bank............................................. ......... First Bank of Conroe, National A ssociation....................... The First National Bank in Cooper...................................... ......... Nueces National B a n k........................................................... ........ City National B ank.......................................................................... Corsicana National B a n k................................................................ 6 Officers Authorized to Cast Vote President President Chairman, President, Vice President President, Vice President, Cashier President President, Vice President, Cashier President President Chairman, President, Vice President, President President, Vice President, Cashier President, Vice President, Cashier President President, Vice President, Cashier President Chairman, President, Vice President, Chairman, President, Vice President Executive Vice President Chairman, President, Vice President, President President, Vice President, Cashier Cashier Chairman, President, Vice President, President, Vice President, Cashier Cashier Vice President Chairman, President, Vice President, President, Vice President, Cashier Chairman, President Chairman, President, Vice President, President President Chairman, President, Vice President, President Chairman, President, Vice President, President President President President President President, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President President, Vice President, Cashier Chairman, President, Vice President, President, Vice President, Cashier President Chairman, President, Vice President President Chairman, President, Vice President, Chief Executive Officer President Chairman, President, Vice President, Mark A. Waldrip, President President * Vice President President President President, Vice President, Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier GROUP 3 — Continued TEXAS — Continued Location Name of Bank or Trust Company Cotulla Crockett Crockett Crosbyton Crowell Daingerfield Dalhart Dallas Dallas Dallas Dallas Dawson Dayton Del Rio De Soto Detroit Dublin Dublin Duncanville Eagle Lake Edgewood El Campo Eldorado Emory Ennis Evant Fairfield Falfurrias Falls City Farmers Branch Stockmens National Bank in Cotulla........................................... Citizens National B a n k ................................................................. First National Bank of C rockett.................................................... Citizens National Bank of C rosbyton.......................................... Crowell State B a n k........................................................................ The National Bank of Daingerfield.............................................. First National Bank in Dalhart...................................................... American Bank, National Association......................................... Commercial National Bank of D a lla s.......................................... Park Forest National B ank........................................................... Preston National B ank................................................................... First Bank & Trust C om pany........................................................ First National Bank of D ayton...................................................... Del Rio National B a n k ................................................................... Bank of De Soto, National Association...................................... Community National B a n k ............................................................ The Dublin National B a n k............................................................. First National Bank of D ublin........................................................ Duncanville National B ank............................................................ The First National Bank of Eagle L a k e ...................................... The First National Bank of E dgew ood....................................... The First National Bank of El C a m p o ......................................... The First National Bank of Eldorado........................................... The First National Bank of Em ory................................................ First National Bank of E n n is......................................................... The First National Bank of E vant................................................. First National B a n k ........................................................................ The First National Bank in F alfurrias.......................................... The Falls City National B a n k ........................................................ Town North National B ank............................................................ Floydada Follett Forney Fort Hood Fort Sam Houston Fort Stockton Fort Worth Fort Worth Fort Worth Fort Worth Fort Worth Franklin Fredericksburg Gainesville Galveston Garland Garland Gatesville George West Giddings Gilmer Glen Rose Goldthwaite Goliad Graford Granbury Granger Granger Groesbeck The First National Bank of F loydada........................................... The Follett National B a n k ............................................................. The Farmers National Bank of Forney........................................ Fort Hood National B a n k .............................................................. Eisenhower National B a n k ........................................................... First National Bank of Fort Stockton............................................ Alta Mesa National B a n k ............................................................... The National Bank of Texas at Fort W o rth ................................. Riverbend Bank, National Association........................................ Shady Oaks National B ank........................................................... Summit National B a n k................................................................... The First National Bank of F ra n klin ............................................. Pioneer National B ank................................................................... North Texas Bank & T ru s t............................................................ Bank of Galveston, National Association.................................... Central Bank................................................................................... Northeast National Bank................................................................ National B a n k ................................................................................. First National Bank in George W e s t............................................ Lee County National B ank............................................................ Gilmer National Bank..................................................................... First National B a n k ........................................................................ First National B a n k ........................................................................ The First National Bank of G oliad................................................ First National Bank, G raford......................................................... The First National Bank of G ranbury........................................... The First State B ank...................................................................... The Granger National B a n k.......................................................... First National B a n k ........................................................................ 7 Officers Authorized to Cast Vote Chairman, President, Vice President Chairman, President, Vice President, Chairman, President President, Vice President Chairman, President, Vice President, President President President President President, Executive Vice President Chairman, Vice Chairman, President, Chairman, President, Vice President Chairman, President, Vice President, President Chairman, President, Vice President, * Cashier Cashier Cashier Cashier President Chairman President President Chairman, President, Vice President, Cashier President, Cashier President, Vice President, Cashier Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Senior Vice President, Cashier President President Vice President Chairman, President, Vice President, Cashier President, Vice President/Cashier Chairman, President, Cashier President Chairman, President President President President President, Vice President, Cashier President President Chairman, President, Vice President, Cashier President * Chairman, President, Vice President, Chairman, President, Vice President, President Vice President President, Vice President President Vice President, Cashier President Vice President and Cashier Chairman, President, Vice President, Chairman, President, Vice President, Cashier Cashier Cashier Cashier Cashier GROUP 3 — Continued TEXAS — Continued Location Name of Bank or Trust Company Groom Hale Center Hamilton Hamlin Haskell Haskell Hebbronville Henrietta Hico Hillsboro Holland Hondo Hondo Houston Houston Houston Houston Houston Houston Houston Hughes Springs Humble Hurst Hutto Iowa Park Irving Jacksboro Jacksboro Jacksonville Jasper Jefferson Jefferson Joshua Junction Junction Karnes City Katy Kaufman The State National Bank of G room ............................................. The First National Bank of Hale C enter..................................... First National Bank of H am ilton................................................... Hamlin National B a n k................................................................... First National B a n k ........................................................................ Haskell National B a n k .................................................................. The First National Bank of Hebbronville.................................... The First National Bank of Henrietta........................................... The First National Bank of H ico .................................................. The Citizens National Bank of H illsboro.................................... The First National Bank of Holland............................................. Community National B a n k ............................................................ The Hondo National B a n k ............................................................ Alief Alamo B a n k ........................................................................... Citizens National B a n k ................................................................. Houston Community Bank, National Association...................... Independence Bank, National Association................................ Texas Guaranty National.............................................................. Unity National Bank of Houston................................................... West University Bank, National Association.............................. The First National Bank of Hughes Springs............................... Humble National B ank................................................................... Mid-Cities National B a n k .............................................................. Hutto State B a n k ............................................................................ The State National Bank of Iowa P ark........................................ Irving National B a n k ...................................................................... The First National Bank of Jacksboro......................................... The Jacksboro National B ank....................................................... Texas National Bank of Jacksonville.......................................... First National Bank of J a s p e r....................................................... The First National Bank of Jefferson .......................................... Jefferson National B a n k ................................................................ Brazos Bank, N.A............................................................................ First State B a n k.............................................................................. Junction National B ank.................................................................. The Karnes County National Bank of Karnes C ity ..................... Mayde Creek Bank, National Association................................... The Farmers and Merchants National Bank of Kaufm an......... Kemp Kenedy Kilgore Kress La Coste La Feria La Grange La Grange Lake Jackson Laredo Laredo Leonard Lindale Linden Lipan Littlefield Livingston Llano Lockhart Lockney Lorena The First National Bank of Kem p................................................. First-Nichols National B a n k .......................................................... Kilgore First National B a n k........................................................... Kress National B a n k...................................................................... The La Coste National Bank......................................................... The First National Bank of La F eria ............................................. Colorado Valley B a n k.................................................................... The First National Bank of La G range......................................... First National Bank of Lake Ja ckso n ........................................... Falcon National B a n k .................................................................... NBC Bank - Laredo, National Association.................................. The Leonard National B ank.......................................................... Lindale National Bank.................................................................... The First National Bank of L in d e n ............................................... The First National Bank of L ip a n ................................................. The First National Bank of Littlefield............................................ The Bank of Livingston.................................................................. Llano National B a n k ...................................................................... First-Lockhart National B a n k ........................................................ First National Bank in Lockney..................................................... Lorena State B ank......................................................................... 8 Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier President, Vice President Chairman, President Chairman, President, Vice President, Cashier President, Executive Vice President Chairman, President, Vice President President President Vice President Chairman, President, Vice President, Cashier * President Cashier Executive Vice President Chairman, President Chairman, President President * Chairman, Co-Chairman President, Vice President Chairman President Chairman President, Vice President, Cashier Chairman, President, Vice President, President Chairman, President, Vice President, Chairman, Vice President, Cashier Chairman, President President President President Chairman, President, Vice President President President, Vice President, Cashier Chairman, President, Vice President, President, Executive Vice President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, President, Cashier President Cashier Chairman, President, Vice President * Cashier Cashier Cashier Cashier Chairman, President, Vice President, Cashier President President, Cashier President, Cashier President President Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier David Willmann, President President President President GROUP 3 — Continued TEXAS — Continued Location Name of Bank or Trust Company Lubbock Luling Madisonville Marble Falls Marfa Shadow Hills National B a n k .................................................... ..... The First National Bank in Luling............................................ ..... First Madisonville National Bank............................................. ...... Marble Falls National Bank...................................................... ..... The Marfa National B ank......................................................... Marshall Mart Mart Mason Matador Mauriceville McAllen McAllen McGregor Menard Mercedes Mertzon Midland Midlothian Mineola Mineral Wells Monahans Moody Mount Vernon Mount Vernon Muleshoe Munday Nacogdoches Naples Navasota New Boston New Braunfels Newcastle Newton East Texas National Bank of M arshall................................... ..... The Farmers and Merchants National Bank of M a rt............ ..... The First National Bank of M a rt.............................................. ..... The Mason National B a n k ....................................................... ..... First State Bank of M atador..................................................... ..... Mauriceville National B a n k ...................................................... ..... Rio National B ank..................................................................... ...... The Valley National B a n k ........................................................ ...... The First National Bank of M cG regor.................................... ..... The Menard National B ank...................................................... ..... Mercedes National B a n k ......................................................... ..... The First National Bank of M ertzon........................................ ..... Community National B a n k....................................................... ..... First National Bank in M idlothian............................................ ..... The First National Bank of M ineola......................................... ..... The City National Bank of Mineral W e lls ............................... ...... First National Bank of M onahans............................................ ..... The First National Bank of M o o d y.......................................... ..... The First National Bank of Mount Vernon............................. ...... Franklin National B a n k ............................................................ ..... First Bank of M uleshoe............................................................ ...... First National Bank in M unday................................................ ..... Security National B a n k ............................................................ ..... Morris County National B ank.................................................. ..... The Bank of Navasota, National Association........................ ...... The First National Bank of New B oston................................. ...... New Waverly O’Donnell Olney Ozona Paducah Palestine Palestine Palestine Pampa Paris Paris Paris Paris Pasadena Citizens Bank of Texas, National Association ..................... ...... The First National Bank of O 'D o n n e ll.................................... ...... First National Bank of O ln e y................................................... ...... The Ozona National B a n k ....................................................... ...... The First National B a n k........................................................... ...... The East Texas National Bank of P a le stin e ........................ ...... The First National Bank of P alestine..................................... ...... The Royall National Bank of P alestine................................. ...... National Bank of Com merce................................................... ...... First National Bank of P a ris .................................................... ...... Lamar National B a n k ............................................................... ...... The Liberty National Bank in P a ris ....................................... ...... Pecos Perryton Perryton Pilot Point Pittsburg Pleasanton Port Lavaca Port Neches Post The First National Bank of P ecos.......................................... ....... The First National Bank of Perryton...................................... ....... The Perryton National B a n k ................................................... ...... The Pilot Point National B a n k................................................ ...... The Pittsburg National B a n k.................................................. ....... Atascosa National B a n k ......................................................... ...... First National Bank in Port L a va ca ........................................ ...... The First National B a n k .......................................................... ....... The First National Bank of P o st............................................. ....... Citizens B a n k ............................................................................ ..... Farmers National Bank of N ew castle.................................... ...... First National Bank of N ew ton................................................ Peoples National B a n k ............................................................ Texas Coastal B a n k ................................................................ 9 Officers Authorized to Cast Vote President, Vice President, Cashier Chairman, President, Vice President, Cashier President President Chairman, President, Vice President, Cashier Assistant Cashier Cashier President President, Vice President, Cashier President, Vice President Vice President President Chairman, Chief Executive Officer Chairman, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President, Vice President President, Cashier President Chairman, President, Vice President, Cashier Chairman, President President Executive Vice President, Vice President President President, Vice President President President President, Vice President, Cashier President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President President, Vice President President, Executive Vice President, Vice President, Cashier President President President, Vice President, Cashier President President President President, Vice President, Cashier President, Vice President, Cashier President, Vice President President, Executive Vice President, Cashier President Chairman, President, Vice President, Cashier * Chairman, President, Executive Vice President, Vice President, Cashier President, Cashier President Chairman, President, Vice President, Cashier President, Cashier President President, Vice President, Cashier President Chairman, President, Cashier President GROUP 3 — Continued TEXAS — Continued Location Pottsboro Quanah Quanah Quitaque Quitman Quitman Ralls Richardson Richwood Rio Grande City Rockwall Rosenberg Rotan Round Mountain Rowena Royse City Rule Sachse Saint Jo San Angelo San Antonio San Augustine San Benito Sanger San Saba Santa Anna Santo Seminole Seymour Seymour Shamrock Shiner Silsbee Smithville Snook Somerset Sonora Sonora Southlake South Padre Island Spearman Stamford Stanton Stanton Sterling City Sudan Sulphur Springs Sulphur Springs Taft Tahoka Taylor Teague Texarkana Texas City Throckmorton Tom Bean Trenton Trinity Trinity Name of Bank or Trust Company American National Bank of Pottsboro......................................... First National Bank in Quanah..................................................... The Security National Bank of Q u a n a h ..................................... The First National Bank of Quitaque........................................... The First National Bank of Q uitm an............................................ Wood County National B a n k ....................................................... Security B a n k ................................................................................. Brookhollow National Bank.......................................................... Brazoswood National B a n k ......................................................... First National Bank of South T e x a s ............................................ Lakeside National B ank................................................................ The First National Bank of Rosenberg....................................... The First National Bank of Rotan................................................ Cattleman’s National B a n k .......................................................... The First National Bank of Rowena............................................ Citizens State B a n k ....................................................................... The Farmers National Bank of Rule, Texas............................... First National Bank of S a ch se ..................................................... The First National Bank of Saint J o ............................................ Tom Green National B a n k............................................................ Plaza Bank, N. A ............................................................................. The First National Bank of San Augustine................................. First National Bank of San Benito................................................ Sanger Bank................................................................................... The City National Bank of San S a b a .......................................... The Santa Anna National B a n k ................................................... The First National Bank of Santo................................................. First National B a n k ........................................................................ The Farmers National Bank of S eym our.................................... The First National Bank of Seym our........................................... The First National Bank of Sham rock......................................... The First National Bank of Shiner................................................ First National Bank of S ils b e e ...................................................... Lost Pines National B a n k ............................................................. First Bank of S n o o k....................................................................... Somerset National B ank............................................................... The First National Bank of Sonora............................................... Sutton County National B a n k ....................................................... Texas National B a n k ..................................................................... First National Bank of South Padre Island.................................. First National B a n k ........................................................................ The First National Bank in Stam ford............................................ The First National Bank of Stanton.............................................. Stanton National B ank................................................................... The First National Bank of Sterling C ity ...................................... The First National Bank of Sudan................................................ The City National Bank of Sulphur S p rin g s................................ First American Bank and Mortgage Sulphur Springs, National Association............................................................ The First National Bank of T a ft..................................................... The First National Bank of T ahoka.............................................. The City National Bank of T aylo r................................................. Citizens National B a n k .................................................................. American National B a n k................................................................ Gulf National Bank......................................................................... The First National Bank of Throckmorton................................... The First National Bank of Tom Bean.......................................... The First National Bank of Trenton.............................................. The First National Bank of T rin ity ................................................ Lake Area National B ank.............................................................. 10 Officers Authorized to Cast Vote President Chairman, President, Vice President, Cashier President, Executive Vice President President, Vice President, Cashier President President Chairman, President, Vice President, Cashier * Vice President, Cashier President President Chairman, President, Vice President, Cashier President Chairman, President Cashier President, Vice President Cashier President President, Cashier President President Chairman, President, Vice President, Cashier President Charles Fenoglio, Chairman/President President, Vice President, Cashier Vice President, Cashier Cashier President Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President President Chairman, President, Vice President, Cashier President, Cashier President, Vice President and Cashier Chairman, President, Vice President, Cashier Chairman President President, Cashier President President President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President President, Vice President, Cashier President President President, Vice President * GROUP 3 — Continued TEXAS — Continued Location Troy Tulia Uvalde Valley Mills Van Alstyne Van Horn Vernon Vernon Victoria Waco Waxahachie Weatherford Weatherford Weatherford Wellington Weslaco West West Columbia Whitehouse Whitehouse Whitesboro Whitewright Whitney Wills Point Wills Point Windthorst Winters Woodsboro Yoakum Zapata Name of Bank or Trust Company Bank of T ro y .................................................................................. The First National Bank of T u lia ................................................. First National B a n k ....................................................................... First National Bank of Bosque C ounty....................................... The First National Bank of Van A lstyn e .................................... Van Horn State B a n k.................................................................... The Herring National Bank of V ernon....................................... The Waggoner National Bank of V e rn o n .................................. Citizens National B a n k ................................................................ The Texas National Bank of W a c o ............................................ Citizens National Bank in W axahachie..................................... The Citizens National Bank of W eatherford.............................. First National Bank and Trust Company of W eatherford........ Weatherford National B a n k ........................................................ Wellington State B a n k ................................................................. City National B a n k........................................................................ The State National Bank in W e st............................................... West Columbia National B ank.................................................... City National B a n k....................................................................... First National Bank of W hitehouse............................................ First National B a n k ...................................................................... The First National Bank of W hitew right.................................... First National Bank in W hitney.................................................... Citizens National Bank of Wills P oint......................................... The First National Bank of Wills P o in t...................................... Windthorst National B a n k........................................................... Peoples National B a n k ................................................................ The First National Bank of W oodsboro..................................... The Yoakum National B ank........................................................ Zapata National B a n k.................................................................. 11 Officers Authorized to Cast Vote Chairman, President President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier President President President, Vice President, Cashier President, Vice President President President, Vice President, Cashier President President Cashier Vice President and Cashier President Chairman President Chairman, President, Vice President, Cashier President President, Vice President and Cashier President President Chairman, President, Vice President, Cashier President * President Mac Sayles, President Cashier President, Vice President, Cashier Chairman, President, Cashier Directors of the Federal Reserve Bank of Dallas As of August 16,1994 Name Occupation Elected by Banks in Group Class Term Expires Dec. 31 Gayle M. E a rls ..................... President and Chief Executive Officer, Texas Independent Bank, Dallas, Texas 1 A 1996 Eugene M. Phillips............... Chairman of the Board and President, The First National Bank of Panhandle, Panhandle, Texas 2 A 1995 3 A 1994 VACANCY............................ Peyton Y a te s ....................... President, Yates Drilling Company, Artesia, New Mexico 1 B 1994 J. B. Cooper, Jr..................... Farmer, Roscoe, Texas 2 B 1996 Milton Carroll........................ Chairman of the Board and Chief Executive Officer, Instrument Products, Inc., Houston, Texas 3 B 1995 Cece S m ith .......................... Chairman General Partner, Phillips-Smith Specialty Retail Group, Dallas, Texas Appointed by the Board of Governors of the Federal Reserve System C 1994 Roger R. Hemminghaus Deputy Chairman Chairman of the Board, President, and Chief Executive Officer, Diamond Shamrock, Inc., San Antonio, Texas Appointed by the Board of Governors of the Federal Reserve System C 1995 James A. M artin................... Third General Vice President, International Association of Bridge, Structural & Ornamental Iron Workers, Austin, Texas Appointed by the Board of Governors of the Federal Reserve System C 1996
@FedFRASER