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Federal Reserve Bank of Dallas Dallas, Texas 75265-5906 Notice 06-50 September 27, 2006 ELECTION OF DIRECTORS REPORT OF NOMINATIONS —VOTING PROCEDURES To All Member Banks in the Eleventh Federal Reserve District: In accordance with the provisions of Section 4 of the Federal Reserve Act and the announcement dated August 15, 2006, in regard to the election of directors of this Bank to succeed Matthew T. Doyle, Class A Director, and Judy Ley Allen, Class B Director, whose terms expire December 31, 2006, the names of the candidates nominated for such directorships and the names of the banks that made the nominations are set out on pages 3 and 4. I also enclose for each bank in Group 1 a preferential ballot for use in voting for a Class B Director and for each bank in Group 3 a preferential ballot for use in voting for a Class A Director. An envelope bearing on its face the certificate in regard to the vote and an envelope marked “Ballot,” in which the ballot is to be sealed, are also provided. The ballot and certificate on the envelope must be executed by an officer who has been authorized to cast the vote. To ensure the confidentiality of the balloting, please do not write the name of the bank or of the voting officer on the ballot but only on the certificate envelope. When several banks are subsidiaries of a bank holding company,* the voting forms are 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, only for their information. Please follow carefully the instructions that are printed on the ballot and the certificate envelope. The following procedure is required in the case of both the Class A and Class B ballots: (1) The preferential ballot should be marked. (2) It should then be placed in the envelope marked “Ballot” and the envelope sealed. (3) After the certificate on the certificate envelope is executed, the sealed envelope should be placed within the certificate envelope. (4) The sealed certificate envelope containing the sealed ballot envelope should then be returned to me in the enclosed self-addressed envelope. Under the law, the ballot must be returned to me within 15 days after its receipt. The polls will open on October 4, 2006, and close at 2 p.m. on October 19, 2006. At that time, the ballots will be opened, 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. 1 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 $3,500,000 but under $15,000,000. Sincerely, Ray L. Hunt Chairman of the Board Enclosures (4) 2 CANDIDATE FOR CLASS B DIRECTOR Margaret H. Jordan Nominated by the following banks in Group 1: President and Chief Executive Officer Dallas Medical Resource Dallas, Texas TEXAS San Antonio, Texas ..................... The Frost National Bank Texas Community Bank, N.A. ................. Somerset, Texas Margaret Jordan is president and chief executive officer of Dallas Medical Resource, which was reestablished in 2004 to address the viability of the health care delivery system in North Texas. Jordan is responsible for the operations of Dallas Medical Resource, a consortium of leaders from the business and health care community organized to develop Dallas as a major regional, national and international center for health and to address issues of importance to the health care community. Jordan was previously vice president of corporate affairs for Texas Health Resources, where she was responsible for stakeholder relationship management, government relations, community health and benefit, and the system’s diversity initiative. Jordan serves on various boards of directors, including the Public Health Institute, Texas Institute for Health Policy Research, the Women’s Museum and the Dallas Museum of Art. She is founding director and lifetime member of the National Black Nurses Association, a member of the Executive Leadership Council and the Committee of 200. In 2004, Jordan was the recipient of Southern Methodist University's Maura Award, given in recognition of individuals and groups for their outstanding contributions to improving the lives of women and girls in the metroplex. In 2003, Jordan was honored by the Urban League of Greater Dallas and North Central Texas with its Whitney M. Young Jr. Humanitarian Award for her long-standing support of the league and community service. Jordan holds a Bachelor of Science degree in nursing from Georgetown University and a Master of Public Health degree from the University of California. She has also completed the Advanced Management Program at the Harvard School of Business. NOTE—A list of the banks in Group 1, showing the officers authorized to cast the vote of each bank, is given on page 5 of this notice. 3 CANDIDATE FOR CLASS A DIRECTOR Pete A. Cook Nominated by the following banks in Group 3: President and Chief Executive Officer First National Bank in Alamogordo Alamogordo, New Mexico NEW MEXICO First National Bank in Alamogordo ................ Alamogordo, .................................................................... New Mexico Pete A. Cook is president and chief executive officer of First National Bank in Alamogordo, New Mexico. He began his financial career in 1971 with Pacific Finance in Hobbs, New Mexico. In 1972, he was promoted to branch manager of the Farmington, New Mexico, office. After resigning his position as executive branch manager in 1981, Cook accepted a vice president position with First National Bank of Lea County in Hobbs, New Mexico. He joined First National Bank in Alamogordo in 1986, becoming the president and chief executive officer in 1990. TEXAS Texas First Bank .................................... Texas City, Texas Brady National Bank ....................................... Brady, Texas Cook is a board member of the Alamogordo Foundation and treasurer of the Otero County Economic Development Council. He also serves as a committee member for the Committee of Fifty-Executive and Grace Methodist Endowment. His memberships include Alamogordo Chamber of Commerce and United Way. In the past, Cook served on the boards of the New Mexico Bankers Association and the Independent Bankers Association. Cook attended Eastern New Mexico University and the College of the Southwest, where he studied economics. He also attended banking school at Oklahoma University and Southern Methodist University, Southwestern Graduate School of Banking. Since January 1, 2003, Cook has been serving as a director for the Federal Reserve Bank of Dallas, El Paso Branch. NOTE—A list of the banks in Group 3, showing the officers authorized to cast the vote of each bank, is given on pages 6 through 8 of this notice. 4 GROUP 1 Consists of all member banks with combined capital and surplus of $15,000,000 and over. Banks in this group elect one Class B Director. TEXAS Location Abilene Amarillo Bellaire Bryan Dallas Dallas Dallas Dallas Dallas Dallas Dallas Edinburg El Paso Fort Worth Gainesville Granbury Henderson Houston Houston Houston Houston Houston Houston Houston Jacksonville Kingwood Lake Worth Laredo Lubbock Lubbock Marble Falls McAllen McAllen Midland Midland Mineral Wells Nacogdoches New Boston Odessa Pasadena Pharr Plainview Plano San Angelo San Antonio San Antonio San Antonio Somerset Southlake Stephenville Temple Victoria Weatherford Name of Bank or Trust Company First Financial Bank, National Association ................................ Amarillo National Bank ............................................................... Tradition Bank ............................................................................ Citibank Texas, National Association ........................................ Bank of Texas, National Association ......................................... Gateway National Bank ............................................................. Inwood National Bank of Dallas ................................................. Northern Trust Bank of Texas, N.A. .......................................... Sovereign Bank, National Association ...................................... Texas Captial Bank, National Association ................................ TIB The Independent BankersBank .......................................... First National Bank ..................................................................... Bank of the West ........................................................................ Summit Bank, National Association ........................................... GNB Financial, N.A. ................................................................... Community Bank ........................................................................ Citizens National Bank ............................................................... Amegy Bank, National Association ............................................ American First National Bank .................................................... MetroBank, National Association ............................................... Redstone Bank, N.A. .................................................................. Republic National Bank .............................................................. Texas First National Bank .......................................................... Woodforest National Bank ......................................................... Austin Bank, Texas National Association .................................. Main Street National Bank ......................................................... Worth National Bank .................................................................. Laredo National Bank, The ........................................................ Plainscapital Bank ...................................................................... State National Bank ................................................................... American Bank of Texas, N.A. ................................................... Inter National Bank ..................................................................... Texas State Bank ....................................................................... Community National Bank ......................................................... West Texas National Bank ......................................................... City National Bank of Mineral Wells, The .................................. Commercial Bank of Texas, N.A. .............................................. Century Bank, National Association .......................................... Western National Bank .............................................................. Texas Citizens Bank, National Association ............................... Lone Star National Bank ............................................................ HCSB, A State Banking Association ......................................... Legacy Texas Bank .................................................................... San Angelo National Bank ......................................................... Broadway National Bank ............................................................ Frost National Bank, The ........................................................... Lone Star Capital Bank, National Association ........................... Texas Community Bank, National Association ......................... First Financial Bank, National Association ................................ First Financial Bank, N.A. .......................................................... Extraco Banks, National Association ......................................... First Victoria National Bank ....................................................... Weatherford National Bank ........................................................ *No designation of authorized officer on file. **Multi-bank holding company subsidiary (non-voting bank). 5 Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Executive Vice President * Chairman, CEO, President, Senior Controller President President President * President President, Chief Executive Officer Chairman, President, Vice President, Cashier Chairman Chairman, President, Vice President, Cashier President, Chief Executive Officer Chairman, President, Cashier Cashier President, Chief Executive Officer President Chairman, President, Vice President, Cashier President Chairman, President, CFO, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chief Executive Officer President President, Vice President Chairman, President Chairman Chairman, Chief Executive Officer Chairman, President, Cashier Chairman, President, Cashier President President ** President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman Chairman, Chief Executive Officer ** Chairman, President, Vice President, Cashier President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier ** President Chairman, President, Vice President, Cashier ** GROUP 3 Consists of all member banks with combined capital and surplus of $3,500,000 and under. Banks in this group elect one Class A Director. LOUISIANA Location Benton Mansfield Name of Bank or Trust Company First National Bank of Benton ............................................... Progressive National Bank of DeSoto Parish ....................... Officers Authorized to Cast Vote President Chairman, President NEW MEXICO Location Alamogordo Las Cruces Lordsburg Ruidoso Name of Bank or Trust Company First National Bank in Alamogordo ....................................... Bank of the Rio Grande, National Association ..................... Western Bank ........................................................................ First National Bank of Ruidoso ............................................. Officers Authorized to Cast Vote Chairman, President, EVP, VP President President ** TEXAS Location Albany Amherst Anahuac Anderson Anson Aspermont Baird Bedford Beeville Bells Bellville Brady Brady Bronte Brookshire Brownfield Brownwood Bryan Byers Cameron Cameron Canadian Canton Carthage Chillicothe Colorado City Colorado City Comanche Cooper Corsicana Corsicana Cotulla Crockett Crockett Crosbyton Crowell Daingerfield Dalhart Dallas Dallas Name of Bank or Trust Company First National Bank of Albany/Breckenridge ......................... First National Bank of Amherst, The .................................... Anahuac National Bank ........................................................ First National Bank of Anderson, The .................................. First National Bank of Anson, The ........................................ First National Bank of Aspermont, The ................................ First National Bank of Baird, The .......................................... First National Bank of the Mid-Cities .................................... First National Bank of Beeville, The ..................................... First National Bank of Bells/Savoy, The ............................... First National Bank of Bellville, The ...................................... Brady National Bank, The ..................................................... Commercial National Bank of Brady, The ............................ First National Bank in Bronte ................................................ Texas Premier Bank, National Association .......................... First National Bank of Brownfield, The ................................. Citizens National Bank at Brownwood ................................. First National Bank of Bryan, The ......................................... First National Bank of Byers, The ......................................... Citizens National Bank .......................................................... First National Bank in Cameron ............................................ First National Bank of Canadian, The .................................. First National Bank of Canton, The ...................................... Panola National Bank ........................................................... First National Bank of Chillicothe, The ................................. City National Bank of Colorado City, The ............................. First National Bank of Colorado City .................................... Comanche National Bank, The ............................................. First National Bank in Cooper, The ...................................... City National Bank ................................................................. Corsicana National Bank and Trust ...................................... Stockmens National Bank in Cotulla .................................... Citizens National Bank .......................................................... First National Bank of Crockett ............................................. Citizens National Bank of Crosbyton .................................... Crowell State Bank ................................................................ National Bank of Daingerfield, The ....................................... First National Bank in Dalhart ............................................... American Bank, National Association .................................. Preston National Bank .......................................................... 6 Officers Authorized to Cast Vote Chairman, President, Vice President President President Chairman, President, Vice President, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, ** Chairman, President, Vice President, President President, Vice President, Cashier President Chairman, President, Vice President, President President Chairman, President, Vice President, President Chairman, President, Vice President, President Chairman, President, Vice President, Chairman, President, Vice President President, Vice President, Cashier Chairman, President, Vice President, President President Chairman, President, Vice President, President President Vice 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, President, Vice President Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier GROUP 3 — Continued TEXAS — Continued Location Dawson DeSoto Detroit Dublin Dublin Eagle Lake Edgewood El Campo Eldorado Emory Evant Falfurrias Falls City Floydada Fort Hood Fort Stockton Fort Worth Galveston Garland George West Gilmer Gilmer Gladewater Goliad Graford Graham Granbury Granger Groesbeck Groom Hamlin Haskell Hebbronville Hico Hillsboro Hondo Hondo Jacksboro Jacksboro Jacksonville Jasper Junction Junction Karnes City Kemp Kingsville Kress La Grange La Grange La Coste Lake Jackson Lamesa Linden Lipan Llano Lockhart Marfa Mason McGregor McLean Memphis Menard Menard Mercedes Mertzon Mineola Name of Bank or Trust Company First Bank & Trust Company ................................................. Bank of DeSoto, National Association .................................. Community National Bank .................................................... Dublin National Bank, The .................................................... First National Bank of Dublin ................................................ First National Bank of Eagle Lake, The ................................ First National Bank of Edgewood, The ................................. Newfirst National Bank .......................................................... First National Bank of Eldorado, The ................................... First National Bank of Emory, The ........................................ First National Bank of Evant, The ......................................... First National Bank in Falfurrias, The ................................... Falls City National Bank, The ............................................... First National Bank of Floydada, The ................................... Fort Hood National Bank ....................................................... First National Bank of Fort Stockton ..................................... National Bank of Texas at Fort Worth, The .......................... Hometown Bank, National Association ................................ Northeast National Bank ....................................................... First National Bank ................................................................ First National Bank of Gilmer, The ....................................... Gilmer National Bank ............................................................ Gladewater National Bank .................................................... First National Bank of Goliad, The ........................................ First National Bank, Graford ................................................. First National Bank in Graham .............................................. First National Bank of Granbury, The ................................... Granger National Bank, The ................................................. First National Bank ................................................................ State National Bank of Groom, The ...................................... Hamlin National Bank ........................................................... Haskell National Bank ........................................................... First National Bank of Hebbronville, The .............................. First National Bank of Hico, The ........................................... Citizens National Bank of Hillsboro, The .............................. Community National Bank .................................................... Hondo National Bank, The .................................................... First National Bank of Jacksboro, The ................................. Jacksboro National Bank, The .............................................. Texas National Bank of Jacksonville .................................... First National Bank of Jasper ................................................ First State Bank ..................................................................... Junction National Bank ......................................................... Karnes County National Bank of Karnes City, The .............. First National Bank of Kemp, The ......................................... Kleberg First National Bank of Kingsville ............................. Kress National Bank .............................................................. Colorado Valley Bank ........................................................... National Bank & Trust ........................................................... La Coste National Bank, The ................................................ First National Bank of Lake Jackson .................................... First National Bank of Lamesa, The ..................................... First National Bank of Linden, The ....................................... First National Bank of Lipan, The ......................................... Llano National Bank .............................................................. First-Lockhart National Bank ................................................ Marfa National Bank, The ..................................................... ................................................................................... Mason National Bank, The .................................................... First National Bank of McGregor, The .................................. Bank of Commerce ............................................................... Memphis State Bank ............................................................. First State Bank ..................................................................... Menard National Bank, The .................................................. Texas National Bank ............................................................. First National Bank of Mertzon, The ..................................... First National Bank of Mineola, The ..................................... 7 Officers Authorized to Cast Vote Chairman, President, Vice President Chairman, President, Vice President, * President Chairman President Chairman, President, Vice President, President, Cashier President, Vice President, Cashier Vice President, Cashier President, Vice President President Chairman, President, Vice President, President Chairman, President, Vice President, Chairman, President, Cashier Chairman, President Chairman, President, Vice President, President Chairman, President, Vice President, Chairman, President, Vice President, President Chairman, President, Vice President, Vice President, Cashier President Chairman, President, Vice President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President President Vice President Chairman, President, Vice President, President Cashier Chairman, President, Vice President, Chairman, Vice President, Cashier Chairman, President President President President, Vice President, Cashier Chairman, President, Vice President, President Chairman, President, Vice President, President * Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President President President Chairman, President, Vice President, Assistant Cashier President, Vice President President, Vice President, Cashier President ** Chairman President Chairman, President, Vice President President, Cashier Chairman, President Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier GROUP 3 — Continued TEXAS — Continued Location Moody Mount Pleasant Mount Vernon Muleshoe Munday Naples Navasota Newcastle Olney Ore City Ozona Paducah Palestine Paris Paris Pasadena Perryton Pleasanton Princeton Quanah Quanah Quitaque Quitman Richwood Rockwall Rotan Round Mountain Saint Jo San Benito San Saba Santa Anna Santo Seymour Seymour Shiner Snyder Sonora South Padre Island Spearman Stanton Sterling City Tahoka Taylor Teague Texarkana Texas City Throckmorton Tom Bean Trenton Trinity Trinity Uvalde Valley Mills Weatherford West Whitney Wills Point Woodsboro Yoakum Zapata Name of Bank or Trust Company First National Bank of Moody, The ....................................... American National Bank of Mount Pleasant, The ................ First National Bank of Mount Vernon, The ........................... First Bank of Muleshoe ......................................................... First National Bank in Munday .............................................. Morris County National Bank ................................................ Bank of Navasota, National Association, The ...................... Farmers National Bank of Newcastle ................................... First National Bank of Olney ................................................. Security State Bank, National Association ........................... Ozona National Bank, The .................................................... First National Bank, The ....................................................... East Texas National Bank of Palestine, The ........................ Lamar National Bank ............................................................. Liberty National Bank in Paris, The ...................................... Texas Coastal Bank .............................................................. Perryton National Bank, The ................................................. Atascosa National Bank ........................................................ Citizens State Bank ............................................................... First National Bank in Quanah .............................................. Texas Republic Bank, N.A. ................................................... First National Bank of Quitaque, The ................................... Bank Texas, National Association ........................................ Brazos National Bank ........................................................... Lakeside National Bank ........................................................ First National Bank ................................................................ Cattleman’s National Bank ................................................... First National Bank of Saint Jo, The ..................................... First Community Bank, National Association ....................... City National Bank of San Saba, The ................................... Santa Anna National Bank, The ........................................... First National Bank of Santo, The ......................................... Farmers National Bank of Seymour, The ............................. First National Bank of Seymour, The ................................... First National Bank of Shiner, The ........................................ Snyder National Bank ........................................................... First National Bank of Sonora, The ...................................... First National Bank of South Padre Island ........................... First National Bank ................................................................ First National Bank of Stanton, The ..................................... First National Bank of Sterling City, The .............................. First National Bank of Tahoka, The ...................................... City National Bank of Taylor, The ......................................... Citizens National Bank .......................................................... Commercial National Bank of Texarkana ............................. Texas First Bank ................................................................... First National Bank of Throckmorton, The ........................... First National Bank of Tom Bean, The ................................. First National Bank of Trenton, The ..................................... First National Bank of Trinity, The ........................................ Lake Area National Bank ...................................................... Uvalde National Bank ........................................................... First National Bank of Bosque County ................................. First National Bank of Weatherford ...................................... State National Bank in West, The ......................................... First National Bank in Whitney ............................................. Citizens National Bank of Wills Point ................................... First National Bank of Woodsboro, The ............................... Yoakum National Bank, The ................................................. Zapata National Bank ........................................................... *No designation of authorized officer on file. **Multi-bank holding company subsidiary (non-voting bank). 8 Officers Authorized to Cast Vote President President President, Vice President President ** Chairman, President, Vice President, Cashier President President, Vice President ** ** President President President President Chairman, President, Vice President, Cashier Chairman, President, EVP, VP, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier ** Chairman, President, Vice President, Cashier President, Executive Vice President President, Vice President, Cashier President Vice President, Cashier President President Chairman, President President, Cashier President President, Vice President, Cashier Vice President, Cashier Cashier ** Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, EVP, Vice President President, Cashier Chairman President President President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President * Chairman, President President, Vice President, Cashier President President President, Vice President President, Vice President, Cashier ** Chairman, President, Vice President, Cashier ** President ** President Cashier Chairman, President, Cashier Chairman, President, Cashier Directors of the Federal Reserve Bank of Dallas As of September 27, 2006 Name Occupation Elected by Banks in Group Class Term Expires Dec. 31 Matthew T. Doyle .................. .............................................. .............................................. Vice Chairman/Chief Executive Officer, Texas First Bank, Texas City, Texas 3 A 2006 David S. Barnard .................. Chairman and Chief Executive Officer, The National Banks of Central Texas, Gatesville, Texas 2 A 2007 Richard W. Evans, Jr. ........... .............................................. Chairman and Chief Executive Officer, Cullen/Frost Bankers, Inc., San Antonio, Texas 1 A 2008 Judy Ley Allen ...................... .............................................. .............................................. Partner, Allen Investments, Houston, Texas 1 B 2006 Robert A. Estrada ................. .............................................. .............................................. Chairman, Estrada Hinojosa & Company, Inc., Dallas, Texas 3 B 2007 James B. Bexley ................... Associate Professor of Finance, Sam Houston State University, Huntsville, Texas 2 B 2008 Anthony R. Chase ................. Deputy Chairman ............ .............................................. .............................................. Chairman and Chief Executive Officer, ChaseCom, L.P., Houston, Texas Appointed by the Board of Governors of the Federal Reserve System C 2006 Ray L. Hunt ........................... Chairman ........................ .............................................. .............................................. .............................................. Chairman, President, and Chief Executive Officer, Hunt Consolidated, Inc., Dallas, Texas Appointed by the Board of Governors of the Federal Reserve System C 2007 James T. Hackett ................. .............................................. .............................................. .............................................. Chairman, President and Chief Executive Officer, Anadarko Petroleum Corporation, Houston, Texas Appointed by the Board of Governors of the Federal Reserve System C 2008 9
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