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F ed e r a l R e s e r v e Ba n k o f D allas D a lla s , T exas 7 5 2 6 5 -5 9 0 6 Notice 97-80 September 10, 1997 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, 1997: Class A Director — Kirk A. McLaughlin President and Chief Executive Officer Security Bank Ralls, Texas Class B Director — Robert C. McNair Chairman and Chief Executive Officer Cogen Technologies Energy Group Houston, Texas Mr. McLaughlin 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. At the conclusion of his present term, Mr. McLaughlin will have served one full three-year term and is eligible for reelection. Mr. McNair 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. McNair will have served six months of an unexpired term and 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 October 10,1997. A form and return envelope for this purpose are enclosed. On October 22,1997, 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 29, and close at 2 p.m. on November 13. 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 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 $ 10,0 00,000. Sincerely, 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 Name of Bank or Trust Company Minden Bank & Trust C om pany................................. ................... Central B a n k ................................................................. ................... Officers Authorized to Cast Vote President President, Vice President, Cashier NEW MEXICO Location Las Cruces Name of Bank or Trust Company First National Bank of Dona Ana C o u n ty.............................. ...... Officers Authorized to Cast Vote President, Vice President, Cashier TEXAS Location Abilene Abilene Amarillo Amarillo Amarillo Baytown Bellaire Brownsville Dallas Dallas Dallas Name of Bank or Trust Company First National Bank of Abilene................................................... First State Bank, National Association..................................... Amarillo National Bank................................................................ Boatmen's First National Bank of Am arillo............................... First Bank Southwest, N.A.......................................................... Citizens Bank and Trust Company of Baytown, T exa s.......... Citizens National Bank of T e xa s ............................................... The Mercantile Bank, N.A........................................................... Alliance Trust Company, N.A..................................................... Bank of America Texas, N.A....................................................... Bank One, Texas, National Association................................... 3 Officers Authorized to Cast Vote Chairman, President, President Chairman, President, President, Cashier President Chairman, President, President Chairman, President, * Vice President, Cashier Vice President, Cashier Vice President, Cashier Cashier Richard Levy, Vice President Chairman GROUP 1 — Continued TEXAS Location Dallas Dallas Dallas Dallas Dallas Dallas Dallas El Paso El Paso El Paso Fort Worth Grapevine Henderson Houston Houston Houston Houston Houston Houston Houston Houston Kilgore Laredo Longview Lubbock Lubbock Lubbock Lufkin McAllen Midland Midlothian Nacogdoches Palestine San Angelo San Antonio San Antonio San Antonio San Antonio Tyler Victoria Weatherford Weatherford Name of Bank or Trust Company Officers Authorized to Cast Vote William C. Murphy, Chairman and President; Edward D. Mahon, Executive Vice President; Virginia L. Anderson, Secretary Tom E. Turner, Chairman; C. Thomas Abbott, First National Bank of Park C itie s ................................................. President; Jane Colesar, Cashier & Senior Vice President President Inwood National B a n k..................................................................... Chairman, President NationsBank of Texas, National Association............................... President Northern Trust Bank of Texas, N.A................................................ President, Chief Executive Officer Texas Independent B a n k................................................................ Chairman, President, Senior Vice President U.S. Trust Company of Texas, National Association................. Chairman Bank of the W est.............................................................................. President Norwest Bank El Paso, N.A............................................................ President Sun World, N.A................................................................................. President Overton Bank and Trust, National Association........................... Chairman, President, Vice President, Cashier First National Bank of G rapevine.................................................. Cashier Citizens National B ank.................................................................... Chairman, President, Vice President, Cashier BankTEXAS National Association ................................................ Chairman, President, Vice President, Cashier MetroBank, National Association.................................................. Chairman, President Northwest Bank, National Association.......................................... Chairman, President, Vice President, Cashier Southwest Bank of Texas, N.A....................................................... Chairman, President, Vice President, Cashier Texas Commerce Bank National Association............................. President Texas First National B a n k.............................................................. Chairman of the Executive Committee, Wells Fargo Bank (Texas), National Association........................ President Chairman, President, Vice President and Cashier WoodForest National B a n k............................................................ President, Cashier Kilgore First National B a n k ............................................................ President, Vice President The Laredo National B a n k ............................................................. Vice President, Cashier Longview National B a n k ................................................................. President, Vice President, Cashier Norwest Bank Texas, National Association................................. Alan White, Chairman; John C. Owens, The Plains National Bank of Lubbock........................................... President; DeWayne V. Pierce, Senior Executive Vice President Chairman State National Bank of West T e x a s .............................................. Chairman, President, Vice President Lufkin National B a n k....................................................................... Chairman, President, Cashier Texas State Bank............................................................................. Chairman, President Midland American B a n k.................................................................. Chairman, President, Vice President, Cashier Surety Bank, National Association................................................ Chairman, President, Cashier Stone Fort National Bank of Nacogdoches.................................. President, Vice President, Cashier The First National Bank of Palestine............................................. President, Cashier Texas Commerce Bank - San Angelo, National Association.... Chairman, President, Vice President, Cashier Broadway National Bank................................................................. Caminoreal Bank, N.A..................................................................... Chairman, President and Chief Executive Officer The Frost National Bank of San Antonio...................................... President, Vice President, Cashier Chairman, President, Vice President, Cashier Norwest Bank Texas, South, National Association..................... Neil S. West, Chairman Tyler Bank & Trust, National Association..................................... Chairman, President, Vice President, Cashier First Victoria National Bank............................................................ Texas B a n k....................................................................................................................... President Weatherford National B ank............................................................. Vice President and Cashier Fidelity Bank, National Association............................................... 4 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 that 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 ordirector.” “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 Mansfield Ruston Officers Authorized to Cast Vote Name of Bank or Trust Company First National Bank, Bienville P a rish ............................................ First National Bank of B e n to n ....................................................... Progressive National Bank of DeSoto P a ris h ............................ American Bank of Ruston, National Association........................ President President Chairman, President President, Vice President, Cashier NEW MEXICO Location Officers Authorized to Cast Vote Name of Bank or Trust Company Alamogordo First National Bank in A lam ogordo.............................................. Lordsburg Portales Roswell Western B a n k ................................................................................. The Portales National B a n k .......................................................... First National Bank of Chaves C ounty......................................... Ruidoso Tucumcari First National Bank of R uidoso..................................................... Zia New Mexico B a n k .................................................................... Chairman, President, Executive Vice President, Vice President President President, Cashier President, Executive Vice President, Cashier G. A. Poling, Jr., President TEXAS Location Addison Albany Alpine Amarillo Amarillo Amherst Officers Authorized to Cast Vote Name of Bank or Trust Company Addison National B ank............................................................ The First National Bank of Albany/Breckenridge................ First National Bank in A lp in e .................................................. The First National Bank of A m a rillo ...................................... Western National B a n k ........................................................... The First National Bank of Am herst...................................... 5 ....... ...... ....... ....... ....... ....... President Chairman, President, Vice President President President President, Vice President, Cashier President GROUP 3 — Continued TEXAS — Continued Location Anahuac Anderson Anson Aspermont Austin Baird Baytown Beeville Bells Big Lake Big Spring Blanco Brackettville Brady Brady Brenham Bridgeport Bronte Brookshire Brownfield Brownwood Bryan Bullard Burkburnett Byers Caddo Mills Caldwell Cameron Canadian Canton Chillicothe Cisco Claude Cleveland Colorado City Colorado City Comanche Conroe Cooper Corpus Christi Corsicana Corsicana Cotulla Crockett Crockett Crosbyton Crowell Daingerfield Dalhart Dallas Dallas Dawson Dayton Del Rio De Soto Detroit Dublin Duncanville Eagle Lake Edgewood Name of Bank or Trust Company Anahuac National B a n k ................................................................ The First National Bank of A nderson.......................................... The First National Bank of A n so n ............................................... The First National Bank of Asperm ont....................................... Austin National B ank..................................................................... The First National Bank of B a ird ................................................. Texas National Bank of B aytow n................................................ The First National Bank of Beeville............................................. The First National Bank of Bells/Savoy...................................... Big Lake National Bank, National Association.......................... The State National Bank of Big S p rin g ...................................... The Blanco National B a n k ........................................................... The First State B a n k ..................................................................... The Brady National B a n k............................................................. The Commercial National Bank of B rady................................... Texas National B ank..................................................................... The First National Bank of Bridgeport......................................... First National Bank in B ro n te ....................................................... Texas Premier Bank, National Association................................ The First National Bank of Brownfield......................................... Citizens National Bank at Brownwood....................................... The First National Bank of B rya n ................................................ First National Bank of B u lla rd ...................................................... First National Bank in Burkburnett.............................................. The First National Bank of B ye rs................................................ The State National Bank of Caddo M ills .................................... Caldwell National B a n k ................................................................. First National Bank in C am eron.................................................. The First National Bank of Canadian.......................................... The First National Bank of Canton.............................................. The First National Bank of Chillicothe......................................... First National Bank in C isco......................................................... The First National Bank of C laude.............................................. Main Street National B a n k ........................................................... The City National Bank of Colorado C ity ................................... First National Bank of Colorado C ity ........................................... The Comanche National B a n k..................................................... First Bank of Conroe, National A ssociation............................... The First National Bank in Cooper.............................................. Nueces National B a n k .................................................................. City National B a n k ........................................................................ Corsicana National Bank and T ru s t............................................ 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 D alhart...................................................... American Bank, National Association......................................... Preston National B a n k .................................................................. First Bank & Trust Com pany........................................................ First National Bank of D ayton...................................................... Del Rio National B ank................................................................... Bank of De Soto, National Association...................................... Community National B a n k ........................................................... The Dublin National B a n k ............................................................ Duncanville National B a n k........................................................... The First National Bank of Eagle Lake ...................................... The First National Bank of Edgew ood....................................... 6 Officers Authorized to Cast Vote President Chairman, President, Vice President, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President, Vice President, Executive Vice President Chairman, President, Vice President, President Cashier Chairman, President, Vice President, President, Vice President, Cashier Cashier President Chairman, President, Vice President, Chairman, President Chairman, President, Vice President, President President Chairman, President, Vice President, President Chairman, President, Vice President, President, Cashier President President President President, Vice President, Cashier Chairman, President, Vice President President, Vice President, Cashier Chairman, President, Vice President, President Chairman, President, Vice President Chairman, President, Vice President, Chief Executive Officer Chairman, President, Vice President, Mark A. Waldrip, President President * Vice President President President President, Vice President, Cashier Chairman, President, Vice President Chairman, President, Vice President, Chairman, President President, Vice President Chairman, President, Vice President, President President President Chairman, Vice Chairman, President Chairman, President, Vice President Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, * Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier President President President Chairman, President, Vice President, Cashier GROUP 3 — Continued TEXAS — Continued Location Name of Bank or Trust Company El Campo Eldorado Emory Ennis Evant Fairfield Falfurrias Falls City Farmers Branch The First National Bank of El Cam po.................................. ......... The First National Bank of Eldorado................................... ......... The First National Bank of E m ory........................................ ......... First National Bank of Ennis................................................. ......... The First National Bank of E va n t........................................ ......... First National B ank................................................................. ......... The First National Bank in Falfurrias................................... ......... The Falls City National Bank................................................ ......... Town North National B a n k .................................................... ......... Floydada Follett Forney Fort Hood Fort Sam Houston Fort Stockton Fort Worth Fort Worth Franklin Fredericksburg Galveston Garland George West Gilmer Glen Rose Goliad Graford Granbury Granger Groesbeck Groom Hale Center Hamilton Hamlin Haskell Haskell Hebbronville Hico Hillsboro Holland Hondo Hondo Houston Houston Houston Houston Houston Houston Hughes Springs Humble Iowa Park Jacksboro Jacksboro Jacksonville Jasper Jefferson Jefferson Joshua Junction Junction The First National Bank of Floydada................................... ......... The Follett National Bank...................................................... ......... The Farmers National Bank of F orney................................ ......... Fort Hood National Bank....................................................... ......... Eisenhower National B ank.................................................... ......... First National Bank of Fort S tockton................................... ......... The National Bank of Texas at Fort W orth......................... ......... Summit National B a n k .......................................................... ......... The First National Bank of Franklin..................................... ......... Pioneer National B a n k .......................................................... ......... Bank of Galveston, National Association........................... ......... Northeast National B a n k....................................................... First National Bank................................................................. ......... Gilmer National B a n k ............................................................ ......... First National B ank................................................................. ......... The First National Bank of G olia d ....................................... ......... First National Bank, G ra fo rd ................................................ ......... The First National Bank of G ran b u ry.................................. ......... The Granger National B a n k ................................................. ......... First National B ank................................................................. ......... The State National Bank of G roo m ..................................... ......... The First National Bank West T e x a s .................................. ......... First National Bank of H am ilton........................................... ......... Hamlin National B a n k ........................................................... ......... First National Bank................................................................. ......... Haskell National B ank........................................................... ......... The First National Bank of H ebbronville............................. ......... The First National Bank of H ic o ........................................... ......... The Citizens National Bank of Hillsboro.............................. ......... The First National Bank of H olland..................................... Community National B a n k .................................................... ......... The Hondo National B ank..................................................... ......... Alief Alamo B ank.................................................................... ......... Citizens National B ank.......................................................... ......... Houston Community Bank, National Association.............. ......... Independence Bank, National Association........................ ......... Unity National Bank of Houston........................................... ......... West University Bank, National Association...................... ......... The First National Bank of Hughes Springs....................... ......... Humble National B a n k .......................................................... ......... The State National Bank of Iowa P a rk................................ ......... The First National Bank of Jacksboro................................. ......... The Jacksboro National B a n k.............................................. ......... Texas National Bank of Jacksonville.................................. ......... First National Bank of Jasper............................................... ......... The First National Bank of Jefferson................................... ......... Jefferson National B ank........................................................ ......... Brazos Bank, N.A................................................................... ......... First State B a n k ..................................................................... ......... Junction National B a n k ......................................................... ......... 7 Officers Authorized to Cast Vote 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 Chairman, President President President, Vice President, Cashier President Chairman, President, Vice President, Cashier * Chairman, President, Vice President, Vice President President, Vice President Vice President, Cashier President Vice President and Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, President, Vice President Chairman, President Chairman, President, Vice President, President, Executive Vice President Chairman, President, Vice President President Vice President Chairman, President, Vice President, * Cashier Cashier Cashier Cashier 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, Cashier Chairman, Vice President, Cashier Chairman, President President President President Chairman, President, Vice President President President, Vice President, Cashier GROUP 3 — Continued TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Karnes City Katy Kemp Kenedy Kress La Coste La Feria La Grange La Grange Lake Jackson Laredo Linden Lipan Littlefield Livingston Llano Lockhart Lockney Lorena Madisonville Marble Falls Marfa The Karnes County National Bank of Karnes C ity .................... Mayde Creek Bank, National Association.................................. The First National Bank of K em p................................................ First-Nichols National Bank.......................................................... Kress National B a n k ..................................................................... The La Coste National B a n k........................................................ The First National Bank of La F e ria ............................................ Colorado Valley B a n k ................................................................... The First National Bank of La G ran g e ....................................... First National Bank of Lake Jackson........................................... NBC Bank - Laredo, National A ssociation................................. The First National Bank of Linden............................................... The First National Bank of Lipan................................................. The First National Bank of Littlefield........................................... The Bank of Livingston................................................................. Llano National B ank...................................................................... First-Lockhart National Bank........................................................ First National Bank in L ockney................................................... Lorena State B a n k ........................................................................ The National Bank of Madisonville.............................................. Marble Falls National B a n k.......................................................... The Marfa National B a n k ............................................................. Mason Matador Mauriceville McAllen McGregor Memphis Menard Mercedes Mertzon Mineola Mineral Wells Monahans Moody Mount Vernon Mount Vernon Muleshoe Munday Naples Navasota New Boston New Castle Newton The Mason National Bank............................................................ First State Bank of M atador......................................................... Mauriceville National Bank........................................................... Rio National B a n k ......................................................................... The First National Bank of M cG regor........................................ Memphis State B a n k..................................................................... The Menard National B a n k .......................................................... Mercedes National B ank.............................................................. The First National Bank of M ertzon............................................ The First National Bank of M ineola............................................. The City National Bank of Mineral W ells.................................... First National Bank of Monahans................................................ The First National Bank of M oody............................................... The First National Bank of Mount V ernon.................................. Franklin National B ank.................................................................. First Bank of M uleshoe................................................................. First National Bank in M unday..................................................... Morris County National B a n k ....................................................... The Bank of Navasota, National Association............................ The First National Bank of New B oston..................................... Farmers National Bank of Newcastle.......................................... First National Bank of N e w to n ..................................................... Odessa O’Donnell Olney Ozona Paducah Paris Paris Paris Paris Pasadena Western National Trust Company, National Association......... The First National Bank of O’Donnell......................................... First National Bank of O ln e y ........................................................ The Ozona National B ank............................................................ The First National B a n k ............................................................... First National Bank of P a ris ......................................................... Lamar National B a n k .................................................................... The Liberty National Bank in Paris.............................................. Peoples National Bank.................................................................. Texas Coastal B ank...................................................................... Pecos Perryton Pilot Point The First National Bank of P e co s............................................... The Perryton National B ank......................................................... Pointbank....................................................................................... Chairman, President, President Chairman, President Cashier Chairman, President, Vice President, Cashier Executive Vice President President, Vice President, Cashier President, Vice President * Chairman, President, Vice President, President President, Cashier Cashier President Chairman, President, Vice President, Chairman, President, Vice President, David Willmann, President President President President President President Chairman, President, Vice President, Assistant Cashier President, Vice President Vice President President Chairman, Chief Executive Officer President, Vice President, Cashier * Cashier Cashier Cashier Cashier, President Chairman, President, Vice President President, Cashier Chairman, President President Executive Vice President, Vice President President President, Vice President President President President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President, Vice President President, Executive Vice President, Vice President, Cashier * President President, Vice President, Cashier President President President, Executive Vice President, Cashier President Chairman, President, Vice President, Cashier * Chairman, President, Executive Vice President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier President, Cashier GROUP 3 — Continued TEXAS — Continued Location Pleasanton Quanah Quanah Quitaque Quitman Quitman Ralls Richardson Richwood Rockwall Rosenberg Round Mountain Rule Sachse Saint Jo San Antonio 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 Stanton Sterling City Sudan Sulphur Springs Sulphur Springs Sulphur Springs Tahoka Taylor Teague Texas City Throckmorton Tom Bean T renton Trinity Trinity Troy Uvalde Valley Mills Van Alstyne Van Horn Vernon Vernon Victoria Name of Bank or Trust Company Atascosa National B ank................................................................ First National Bank in Q uanah..................................................... The Security National Bank of Quanah...................................... The First National Bank of Q uitaque........................................... The First National Bank of Q uitm an............................................ Wood County National B ank........................................................ Security B a n k................................................................................. Brookhollow National B a n k .......................................................... Brazoswood National B ank.......................................................... Lakeside National B a n k ................................................................ The First National Bank of Rosenberg....................................... Cattleman's National B ank........................................................... The Farmers National Bank of Rule, T exas............................... First National Bank of Sachse...................................................... The First National Bank of Saint J o ............................................ First National Bank of South T e x a s ............................................ Plaza Bank, National Association............................................... The First National Bank of San Augustine................................. First National Bank of San Benito............................................... Sanger B a n k .................................................................................. The City National Bank of San S a b a .......................................... The Santa Anna National Bank.................................................... The First National Bank of S anto................................................ First National B ank........................................................................ The Farmers National Bank of Seym our.................................... The First National Bank of Seym our........................................... The First National Bank of S ham rock........................................ The First National Bank of S hin e r............................................... First National Bank of Silsbee...................................................... Lost Pines National B a n k............................................................. First Bank of Snook....................................................................... Somerset National B a n k ............................................................... The First National Bank of Sonora.............................................. Sutton County National B ank....................................................... Texas National B ank..................................................................... First National Bank of South Padre Island................................. First National Bank........................................................................ The First National Bank of Stanton............................................. The First National Bank of Sterling C ity ..................................... The First National Bank of S udan............................................... The City National Bank of Sulphur Springs................................ First National Bank of Sulphur S prings...................................... First American Bank and Mortgage, National Association...... The First National Bank of T a h o k a ............................................. The City National Bank of T a y lo r................................................ Citizens National B a n k.................................................................. Texas First B a n k............................................................................ The First National Bank of Throckm orton.................................. The First National Bank of Tom Bean........................................ The First National Bank of T re n to n ............................................. The First National Bank of T rinity................................................ Lake Area National B a n k ............................................................. Bank of T ro y................................................................................... First National Bank........................................................................ First National Bank of Bosque C ounty....................................... The First National Bank of Van A ls tyn e ..................................... Van Horn State B a n k .................................................................... The Herring National Bank of V e rn o n ........................................ The Waggoner National Bank of V e rn o n ................................... Citizens National B ank.................................................................. 9 Officers Authorized to Cast Vote President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Executive Vice President President, Vice President, Cashier President President Chairman, President, Vice President, Cashier * Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, 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 President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President President, Vice President, Cashier President President President, Vice President Chairman Chairman, President President, Vice President, Cashier Chairman, President, Vice President, Cashier President President President, Vice President, Cashier President, Vice President President GROUP 3 — Continued TEXAS — Continued Location Waco Waxahachie Weatherford Weslaco West Whitewright Whitney Wills Point Windthorst Woodsboro Yoakum Zapata Name of Bank or Trust Company The Texas National Bank of W a c o ............................................. Citizens National Bank in W axahachie...................................... First National Bank of W eatherford............................................. City National B a n k ........................................................................ The State National Bank in W e s t................................................ The First National Bank of W hitewright...................................... First National Bank in W hitney..................................................... The First National Bank of Wills Point........................................ Windthorst National B a n k ............................................................ The First National Bank of W oodsboro...................................... The Yoakum National B a n k ......................................................... Zapata National B a n k ................................................................... 10 Officers Authorized to Cast Vote President, Vice President, Cashier President Cashier Chairman President President Chairman, President, Vice President, Cashier President President Cashier President, Vice President, Cashier Chairman, President, Cashier Directors of the Federal Reserve Bank of Dallas As of September 10,1997 Elected by Banks in Group Class Term Expires Dec. 31 President and Chief Executive Officer, Texas Independent Bank, Dallas, Texas 1 A 1999 Dudley K. Montgom ery....... President and Chief Executive Officer, The Security State Bank of Pecos, Pecos, Texas 2 A 1998 Kirk A. McLaughlin............... President and Chief Executive Officer, Security Bank, Ralls, Texas 3 A 1997 Robert C. M cNair................. Chairman and Chief Executive Officer, Cogen Technologies Energy Group, Houston, Texas 1 B 1997 Dan A ngel............................. President, Stephen F. Austin State University, Nacogdoches, Texas 2 B 1999 B 1998 Name Occupation Gayle M. E a rls ..................... VACANCY 3 Roger R. Hemminghaus Chairman Chairman of the Board and Chief Executive Officer, Ultramar Diamond Shamrock Corp., San Antonio, Texas Appointed by the Board of Governors of the Federal Reserve System C 1998 Cece S m ith ........................... Deputy Chairman General Partner, Phillips-Smith Specialty Retail Group, Dallas, Texas Appointed by the Board of Governors of the Federal Reserve System C 1997 James A. M artin................... Second 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 1999
@FedFRASER