ABOUT THE FIRST BANK OF OKARCHE

In 1880, the Loosen Family, pioneers from Germany, came to Oklahoma,
after settling for some time in Nebraska. The opening of the Oklahoma Territory
afforded opportunities for many people who wanted to work hard and make a new
life. In recognition of this time of opportunity, Julius Loosen, eager to be on the
lending side of the banking business, established the First Bank of Okarche on
October 28, 1892. Since its origin, the First Bank of Okarche has been under the
control and administration of the Loosen Family.

The original organizers of the bank, as listed on the Patent issued by the
Territory of Oklahoma, were Mr. Julius Loosen, who died on a return visit to
Germany in 1896, his wife Adele, son Franz H. Loosen and Mr. B.F. Buffington.
This document is still displayed at the Bank. Mr. Buffington stayed in Oklahoma
only one year and at his departure, Mr. Franz Loosen assumed Mr. Buffington's
position as Cashier. Franz retained this position until his untimely death in 1929,
at which time J. Paul, grandson of Julius, assumed control of the bank. Different
members of the Loosen family have been involved with the Bank, in varying
capacities, throughout the years.

Mr. J. Paul Loosen was President of the bank from 1929 until his death in
1968. His wife, Kathleen succeeded him as President until their son, Francis H.
(Mike) Loosen assumed the position in 1980. Francis H. (Mike) served until his
death in 1987. Today Mike's wife Susan serves as President and their three
daughters, the fifth generation, are active members of the Board of Directors.

The First Bank was represented at the original meeting of the Oklahoma
Bankers Association by Franz H. Loosen and has continued as a member of the
OBA since that time. The Bank enjoys the title of the "Oldest State Bank in
Oklahoma", a title that speaks to the dedication of the many people involved in
the Bank throughout the years and during the time of mergers and acquisitions in
the banking industry.

While the First Bank survived through many disheartening and
challenging years during the early times, much of its success is due to the
pioneers who became the first faithful customers. Many of their children and
grandchildren are customers today, and they continue to be the reason for
the bank's success. The trust that has been built between the First Bank and its
customers, through collaborative efforts of service and loyalty, will continue to be
a priority for the management and employees at the First Bank of Okarche. To
quote J. Paul on the occasion of the Bank's 50th anniversary---""The management
feels that a great part of the success of the institution is due to the faithfulness and
integrity of its customers throughout the years and wishes to express its
appreciation of the splendid support received from them."