DANIEL S. HAGER HAS JOINED FIRST AMERICA BANK
5/11/2004

Manatee/Sarasota Counties --- The Board of Directors of First America Bank (In Organization) is pleased to announce the addition of Daniel S. Hager as Chairman of the Board and Chief Executive Officer. A native to Manatee County, Mr. Hager joined First America Bank after leaving Regions Bank as President and Chief Executive Officer. Carol B. Green has led First America Bank through the organizational process as Chairman of the Board. Mrs. Green will continue on as Vice Chairman of the Board of Directors and Chairman of the Executive Committee.

Mr. Hager stated, “I am very pleased to be a part of a locally owned Community Bank. Manatee and Sarasota Counties are a great place to do business and I look forward to serving customers at First America Bank. Our goal is to redefine banking in our community and provide the personal touch that banking customers deserve.”

The Bank was successful in raising its maximum allowable capital of $10 million dollars in only 3 months. First America Bank attributes its success to the Board of Directors and Management Team whose strong community involvement has generated tremendous excitement in the Banking Community.

Mrs. Green announced that the Bank is on schedule with its plans for a June opening in Bradenton, located at 410 43rd Street West, Suite C, to be followed by an anticipated July opening in Osprey.

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