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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