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									                                       BANK NOTES
                                       Created by Community Bankers for Community Bankers



                                                                                   2ND QUARTER 2010


                                          Chairman’s Message
C O R P O R AT E O F F I C E S            We are pleased to announce our first quarter operating results which
                                          reflect a very successful first three months of operations for FNBB, Inc.
First National Bankers Bank
7813 Office Park Blvd.                    and its subsidiaries in 2010. This follows a record year of performance in
Baton Rouge, LA 70809                     2009, and your banker’s bank organization is strongly positioned to assist
800.421.6182                              our community bank shareholders and customers as well as navigate
333 Texas Street, Suite 1280              through these difficult economic times. A snapshot of our consolidated
Shreveport, LA 71101                      financial performance (unaudited) as of March 31, 2010 is on page 2 of this
866.453.5150
                                          newsletter.
Mississippi National Banker’s Bank
300 Concourse Boulevard, Suite 100        Since the unexpected and rapid collapse of the former Silverton Bank, N. A.
Ridgeland, MS 39157                       last year, there has been an understandable increase in regulatory scrutiny
888.355.8739
                                          of all bankers’ banks. It is important to note that our corporate philosophy
FNBB Services Corp.                       has never been remotely similar to Silverton’s model. First National
300 Concourse Boulevard, Suite 100        Bankers Bankshares, Inc. and its subsidiaries had the privilege of serving
Ridgeland, MS 39157
888.355.8739                              the correspondent banking needs of community banks for over 25 years,
                                          and we look forward to a perpetual continuation of this mutually beneficial
First National Bankers Bank, Alabama      partnership.
600 University Park Place, Suite 380
Birmingham, AL 35209
800.318.6272                              In conclusion, we are fortunate to enjoy the strong partnerships we have
                                          with you and your fellow community bankers in the markets that we serve.
Georgia Division
732 Kennesaw Avenue, Suite 210
                                          We pledge our continued commitment to serve our community bank
Mariettta, GA 30060                       customers with our corporate mantra “SERVICE BEYOND COMPARISON.”
888.311.1051                              We hope you are pleased with our continued strong financial performance.
                                          Thank you for the opportunity to serve you.
FNBB Capital Markets
600 University Park Place, Suite 380
Birmingham, AL 35209
866.405.6864                                                                                       Joseph F. Quinlan, Jr.
                                                                                              Chairman, President & CEO
Arkansas Bankers’ Bank
325 West Capitol Avenue, Suite 300
Little Rock, AR 72201
800.737.0535

FNBB Insurance Agency, LLC
300 Concourse Boulevard, Suite 100
Ridgeland, MS 39157
888.355.8739
First National Bankers Bankshares, Inc.              Topics For Discussion . . . . .
FINANCIAL HIGHLIGHTS                                 Social Network sites like Facebook and Twitter are becoming
March 31, 2010                                       ever more popular with computer users of all ages and your
(Unaudited)                                          bank employees may be using these sites now. How is your
                                                     organization being represented on these sites? How should
                                                     social networking and blogging be addressed in bank policy?
BALANCE SHEET
                                                     Is mobile banking in your future? According to some studies,
ASSETS                                               mobile banking is safer than traditional Internet banking on
Cash and Due From Banks            $322,785,289      home computers. What are the risks? What controls can be
Certificates of Deposit               $8,395,000     used to mitigate these risks? Does it make business sense to
Federal Funds Sold                    49,960,000     deploy this type of service?
Securities Purchased URA                 1,451,160
Investment Securities                118,226,577     How do we keep up with the bad guys? What kind of tricks are
Trading Assets                         2,494,653     they using to attack our banks and our customers? What do we
Loans Outstanding                   490,432,041
                                                     need to train our employees on for regulatory compliance and
                                                     information security best practices?
Loan Loss Reserve                     (12,771,758)
Other Assets                           38,514,173
                                                     Information security is critical to the success and ongoing
Total Assets                        1,019,487,135    operations of your bank. Threats and attacks are increasing from
 Agent Federal Funds Sold          848,000,000       both external and internal sources. Maintaining data security
TOTAL RESOURCES ADMINISTERED      $1,867,487,135     and meeting regulatory requirements in an increasingly complex
                                                     environment is becoming more difficult and time-consuming.
                                                     These are just a few of the topics we will be exploring to help
LIABILITIES AND CAPITAL                              you understand information security challenges as well as
Deposits                            $281,287,987     best practices to prepare your bank for successful audits and
Federal Funds Purchased             548,975,000      examinations during our next IS Compliance Seminars. These
Securities Sold UAR                     2,806,121    informative seminars will be held this Fall in Baton Rouge,
Borrowings from FHLB                  44,398,215     Ridgeland, Little Rock and Birmingham.
Long-Term Subordinated Debt            8,248,000
Other Liabilities                       1,297,769    Reggie David is the IS Audit Manager for FNBB Services Corp.
Equity Capital                       132,474,043
                                                     Prior to becoming IS Manager, he was Network Manager,
                                                     responsible for managing network resources and security
Total Liabilities and Capital       1,019,487,135
                                                     for FNBB, Inc. Reggie has 25 years of IT, security and audit
Agent Federal Funds Purchased       848,000,000
                                                     experience and has provided IS assistance and audits to
TOTAL RESOURCES ADMINISTERED      $1,867,487,135     community banks throughout the Southeast. Reggie is a
                                                     Certified Information Systems Auditor and he also carries the
INCOME STATEMENT                                     Microsoft Certified Professional certification. In addition to
Interest Income                       $7,419,031     providing IS seminars and speaking at this year’s Compliance
Interest Expense                        730,807      School, Reggie is scheduled to speak at the 2010 Summer
Net Interest Income                   6,688,224      Conference in Sandestin, Florida.
Provision for Loan Losses             2,053,000
                                                     If you would like more information concerning IS services or
Other Income                          7,359,082
                                                     one of our seminars, please contact Reggie David at rdavid@
Operating Expenses                     9,919,831
                                                     bankers-bank.com or by telephone at 800-421-6182 or
Tax                                     303,044      601-832-6880.
NET INCOME                            $1,771,431



Book value per common share                 $389
                                                                     BANK NOTES
                                                                                               2ND QUARTER 2010



NetLink Exchange First Quarter 2010                                                                New Partnerships

                                                                                                Our strength and success come
FNBB remains committed to creating partnerships that will enhance the benefits offered          from our customers. We are proud
to our NetLink Exchange community bank members.
                                                                                                to welcome the following banks as
                                                                                                of March 31, 2010.
As the number of NetLink Exchange participants has grown to over 115 banks, FNBB
has continued to identify opportunities that bring value to our community banks. As
your reliable clearing and settlement partner, we have a shared vision of having local,         y 1st Trust Bank, Inc.
regional and national exchange partners to round out our network.                                 Hazard, KY

Our recent alliance with Bankers Bank of the Northeast and Bankers Bank of Kansas               y American Patriot Bank
represent our delivering on this commitment. A partnership with these two bankers’                Greeneville, TN
banks brings over 200 additional community bank exchange partners to our
participating banks.                                                                            y Corning Savings & Loan
                                                                                                 Association
Through least cost routing, we are able to grow our network of community banks and               Corning, AR
solidify those upstream relationships that return the greatest savings to our banks. As
we expand the national reach of our network we will continue to identify and develop            y Florida Shores
the partnerships to help our community banks.                                                    Shamrock, Inc.
                                                                                                 Fort Myers, FL

                                                                                                y GulfSouth Private Bank
                                                                                                  Destin, FL

                                                                                                y Traditional Bank, Inc.
                                                                                                  Mount Sterling, KY


                                     Promotions
                                                                                                    Welcoming Our
                                                                                                   Newest Employees
                   FNBB                                          MNBB

 Diana Barnes, promoted to Assistant Vice      Pax Mogenson, promoted to Executive Vice                        FNBB
 President, Compliance Services Division.      President, Lending Services Division.
                                                                                                        Minette Barone
                                                                                                           ALM Analyst
 David Dalfiume, promoted to Assistant Vice                       ABB
 President, Compliance Services Division.                                                               Racheal Dauzat
                                               Mary Bryant, promoted to Assistant Vice                 Compliance Auditor
 Skyla Holt, promoted to Assistant Vice        President, Investment Division/Safekeeping.
 President, Capital Markets Division.                                                                   Genevieve Tucci
                                                                                                   Compliance Customer Service
                                               Jim Franks, promoted to Executive Vice
                                                                                                            Assistant
 Brandy Wheeler, promoted to Assistant Vice    President.
 President, Operations Division.
                                                                                                  FNBB Capital Markets
 Christen Legleu, promoted to Audit Officer,     Congratulations to Diana, David, Skyla,                  Wes Caudell
 Compliance Services Division.                 Brandy, Christen, Pax, Mary, and Jim on their        Investment Representative
                                                            accomplishment!
                                                                                                         Philip Earnest
                                                                                                       Senior Vice President
Investar Bank Announces Promotions and New Employees
Investar Bank, a full service community bank in Baton
Rouge, Louisiana announces the following promotions
and new employees in the first quarter of 2010:                               Renee Graff joins the bank as a Vice
                                                                              President and Controller.
Autumn Caldwell, promoted to Private Banking
Specialist.


              Scott Cobb, promoted to Executive Vice                          Darren Quillen joins the bank as a
              President.                                                      Senior Vice President and Retail Market
                                                                              Manager.


Bonnie Couvillon joins the Private Banking Division as a
Private Banking Specialist and Vice President.

                                                                              Aimee Turner joins the bank as a Vice
              Ryan Finnan, promoted to Executive Vice                         President of Mortgage Underwriting and
              President and Chief Operations Officer.                         Investor Relations.




                                     2010 Seminar Schedule

                            ¾    July 18 - 22 - Annual Summer Conference &
                                              Investment Conference

                            ¾   August 12 - Regulatory Compliance Meeting, MS

                            ¾   August 17, 18, 19 - Quarterly Compliance Meeting

                            ¾   September 14 & 15 - ACH Boot Camp (SWACHA)

                            ¾   November 3 - Regulatory Compliance Meeting, AL

                            ¾   November 16, 17, 18 - Quarterly Compliance Meeting



                                For more detailed information and locations please go to the
                                    calendar on our website at www.bankers-bank.com.
                                                             BANK NOTES
                                                                                               2ND QUARTER 2010



  A nnuAl S ummer C onferenCe & I nveStment C onferenCe
The 2010 Annual Summer Conference and Investment Conference will be held Sunday, July 18 to Thursday, July 22.
The conference will be held at Sandestin Golf and Beach Resort in Destin, Florida and hosted by the FNBB, Inc. family:


                First National Bankers Bank
           Mississippi National Banker's Bank
                                                                        GUEST SPEAKERS
          First National Bankers Bank, Alabama
                  Arkansas Bankers’ Bank                                           Drew Brees
                    FNBB Services Corp.                            Quarterback for the New Orleans Saints
                FNBB Capital Markets, LLC                                  2009 Super Bowl MVP
               FNBB Insurance Agency, LLC
              The Bankers' Bank of Kentucky
                                                                               William M. Isaac
                                                                Chairman of LECG’s Global Financial Services
                    AGENDA
                 Sunday, July 18, 2010                                         Camden R. Fine
 2:00 p.m. to 6:00 p.m.               Conference                            President and CEO
                                      Registration
 4:00 p.m.                            Check-in
                                                                Independent Community Bankers of America
 7:00 p.m. to 9:00 p.m.               Welcome Reception

                 Monday, July 19, 2010
                                                              For the past 25 years, FNBB, Inc. has hosted a conference
 7:00 a.m. to 9:30 a.m.               Breakfast
 8:00 a.m. to 12:00 noon              Business Meeting        that provides a broad range of current educational topics for
 1:00 p.m. to 5:30 p.m.               Golf Tournament         today’s community banker.

                  Tuesday, July 20, 2010                      Also, included are social events that provide the registrant,
 7:00 a.m. to 9:30 a.m.               Breakfast               their family, and guests with entertainment during the
 8:00 a.m. to 11:30 a.m.              Business Meeting        conference.
 10:00 a.m. to 11:30 a.m.             Bingo
 6:30 p.m. to 10:00 p.m.              Dinner &                Again this year we will enjoy the excitement of The Village
                                      Entertainment           of Baytowne Wharf and its many restaurants, shops,
                                                              and nightlife. We will be hosting our meetings at the
                Wednesday, July 21 2010
                                                              Baytowne Conference Center. Attendees will also enjoy
 7:00 a.m. to 9:30 a.m.               Breakfast
 8:00 a.m. to 12:00 noon              Business Meeting
                                                              accommodations at The Village and Grand Sandestin which
 8:00 a.m. to 5:00 p.m.               Day at the Beach        is walking distance to the meetings and all of the social
                                                              gatherings during the conference as well as accommodations
                Thursday, July 22, 2010                       throughout the Sandestin property.
                          Departure


    Join us in July 2010.                                      For more information about The Village of Baytowne Wharf at Sandestin
                                                               you can log on to www.sandestin.com.
   7813 Office Park Blvd.
  Baton Rouge, LA 70809




OUR MISSION                                                     OUR SERVICES
STATEMENT                    AUDIT SERVICES                    LENDING SERVICES                      INSURANCE SERVICES
                             y ACH Audit                       y Bank Stock Financing                y Directors and Officer Liability
FNBB, Inc. is organized      y Compliance Audit                y Credit Analysis                     y Financial Institution Bond
                             y Compliance Training             y Leasing Services                    y Property & Casualty & Workers’
to be a profitable and       y Information Systems Audit       y Letters of Credit                     Compensation
                             y Information Security Service    y Loan Participations Purchased       y Lenders Single Interest
                             y Internal Audit                    and Sold
well capitalized financial                                                                           y Mortgage Impairment & Force-
                             y Loan Review                     y Loans to Senior Officers and
                                                                 Directors                             Placed Programs
                             y Specialized Audits              y Loans for Physical Plant and Land   y Excess FDIC
services corporation
                                                               y Overline Assistance
                             OPERATIONS SERVICES                                                     ADDITIONAL SERVICES
providing high quality
                             y Agency Federal Funds            INVESTMENT SERVICES                   y Credit Card and Merchant
                             y ACH File Receipt                                                        Services
correspondent services                                         y Asset/Liability Management
                             y ACH Origination                                                       y Executive Compensation
                                                               y Bond Accounting
                             y ACH Returns and NOCs                                                    Packages (BOLI)
which encourage the growth                                     y Certificates of Deposit
                             y Adjustments - FRB and OnWe                                            y Flood Determination Services
                                                               y Employee Benefit Plans
                             y Cash Letter Clearing
                                                               y Investment Security Trading         y Mortgage Lending
of its shareholders and      y Cash Management/Sweep
                                                               y Municipal Lending                   y Official Checks and Money Orders
                             y Cash Vault Service
                                                               y Municipal Underwriting              y Remote Deposit Capture
clients. It is focused on    y Domestic Wire Transfers
                                                               y Safekeeping                         y Sale Leaseback Transactions
                             y Image Cash Letter Exchange
                                                               y Trust Preferred Issues
                             y International Services                                                y Stored Value Cards
serving the management
                             y Online Communications Network
                             y OFAC Scanning
and financial needs of
                             y Principal Federal Funds
                             y Reconcilement Assistance
community banks in
                             y Savings Bond Orders
                             y TT&L Notification
Louisiana, Mississippi,

Alabama, Arkansas and the

Southern United States.

								
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