Americo Bancshares, Inc.

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Transcript of Americo Bancshares, Inc.

AMERICO BANCSHARES, INC.

2019 ANNUAL REPORT

AMERICO BANCSHARES, INC. ANNUAL STOCKHOLDERS MEETING AGENDA

JANUARY 21, 2020

*Call to Order Dr. John Moore

*Declare a Quorum

__________ Shares Present __________ Shares Represented by Proxy

583,883 Shares Outstanding __________ % Represented

*Minutes of Previous Meeting (1-15-19) Dr. John Moore

*2019 Annual Review Arnold

*Election of Directors: Dr. John Moore

James Arnold Mike Cunningham Jon Hockenyos Steve McGavock Andy Meyercord James S. Moore John Moore, MD Todd Moore Jim Nolen, Jr Loyd Rinehart Robert Shapiro Melissa Thoveson Powell Thompson

*Election of Officers: Dr. John Moore

John M. Moore - Chairman of the Board Powell Thompson – Vice Chairman James Arnold - President Johnny McCowen – Treasurer Tracy Riddle - Secretary

*Ratify Actions Dr. John Moore

*Insurance Coverage Review McCowen

*Adjourn

AMERICO BANCSHARES, INC. ANNUAL STOCKHOLDERS MEETING

January 15, 2019

Chairman John Moore, MD called the meeting to order at 10 A.M. on January 15, 2019. There were 474,371 shares represented in person/video/phone, 13,715 shares represented by proxy or 84% of total outstanding shares. A quorum was declared. Shareholders in attendance in person, by video, or by phone were Americo Bancshares ESOP (Johnny McCowen, Trustee), Don Bell, Mike Cunningham, Barbara Gann, Hilltop Securities (John Moore), JPM Interests Ltd & II Ltd (James S Moore), Johnny McCowen, Steve McGavock, Todd Moore, John Moore, MD, Jim Nolen, John Ross Phillips, Rebecca Phillips, Phyllis A Moore Trust (James S Moore), Loyd Rinehart, Robert Shapiro Family Trust, Gerald Smith, Brick Sudderth, Powell Thompson, Melissa Thoveson, and Martha Vaughn. James Arnold, Bill Adkins, Troy Melcher, Tracy Riddle and Monique Love were also in attendance. Minutes of the January 9, 2018 meeting were reviewed. The minutes were approved as presented. A letter to shareholders from Powell Thompson and 2018 unaudited financial statements for Americo Bancshares, Inc. were given to each Stockholder in attendance. Powell Thompson reviewed the Letter to Shareholders in detail, a copy of which is attached to these minutes. Chairman Moore noted the positive increase in shareholder value in 2018 and stated that the bank is well positioned for the upcoming year. He noted that the bank’s executive management team remains strong. He also noted that asset quality is solid and non-interest income continues to be a focus, including reestablishing a mortgage division. The tax cuts were impactful to the bottom line. Chairman Moore stated that higher dividends will be considered when the bank’s leverage capital ratio reaches 10% A motion was made by Loyd Rinehart, seconded by Powell Thompson, to elect Mike Cunningham, Steve McGavock, Jim Nolen, Bobby Shapiro, Loyd Rinehart, Melissa Thoveson, James S. Moore, John Moore, Todd Moore, Powell Thompson, Andy Meyercord, Jon Hockenyos and James Arnold to serve as directors for 2019. Motion was unanimously approved. A motion was made by Steve McGavock, seconded by Mike Cunningham, to elect John Moore as Chairman of the Board, Powell Thompson as Vice Chairman, Johnny McCowen as Treasurer, and Tracy Riddle as Secretary for Americo Bancshares, Inc. The motion carried with no opposition. Loyd Rinehart made a motion to ratify and approve all official, legal acts of the Directors and Officers of Americo Bancshares, Inc. for the year 2018. The motion was seconded by Steve McGavock and carried with no opposition. Johnny McCowen reviewed with the stockholders the entire range of insurance coverages for the American Bank of Commerce and Americo Bancshares, Inc. for adequacy. A detailed outline of all the coverage was circulated for review, and added as a part of these minutes. There being no further business, the meeting was adjourned.

POLICY COMPANY LIMIT OF Deductible/ EXPIRATION PREMIUM PURCHASED THROUGH

LIABILITY Retention DATE (inc fees)

Workers Compensation Policy - Texas Traveler's $1,000,000 n/a Texas Bankers Insurance Agency

Workers Compensation Policy - Colorado Traveler's $1,000,000 n/a Texas Bankers Insurance Agency

Forced Place Property Policy JB Lloyd & Associates, LLC $1,000,000 Coverage based on value Premium based on Texas Bankers Insurance Agency

Foreclosed Property JB Lloyd & Associates, LLC $1,000,000 Coverage based on value number of properties

Flood Insurance Policy JB Lloyd & Associates, LLC max. limit $250,000 - residential Coverage based on value January 1, 2020 Premium based on Texas Bankers Insurance Agency

max. limit $500,000 - commercial Coverage based on value number of properties

Employers Comprehensive Notary $35,000 n/a December 1, 2020 $1,057.00 Texas Bankers Insurance Agency

Public Errors and Omissions Policy based on 48 notaries C N A Surety

Financial Institution Bond ABA Everest $7,000,000 $75,000 March 23,2020 $43,700.00 Texas Bankers Insurance Agency

(Standard Form No. 24) 3-yr term

Addition of Infinity Mortgage $725.00

Directors and Officers Liability ABA Everest $7,000,000 $75,000 March 23, 2020 $98,944.00 Texas Bankers Insurance Agency

combined aggregate with EPL, BPL, FL, LL Total Policy Limit - $16,000,000 3-yr term

Addition of Infinity Mortgage $1,861.00

Employment Practices Liability ABA Everest $3,000,000 $75,000 March 23, 2020 Inc in D&O premium Texas Bankers Insurance Agency

Bankers Professional Liability ABA Everest $3,000,000 $75,000 March 23, 2020 Inc in D&O premium Texas Bankers Insurance Agency

Fiduciary Liability ABA Everest $3,000,000 $25,000 March 23, 2020 Inc in D&O premium Texas Bankers Insurance Agency

Lender Liability ABA Everest $3,000,000 $75,000 March 23, 2020 inc in D&O premium Texas Bankers Insurance Agency

Cyber Liability Beazley $2,000,000 $25,000 March 23, 2020 $15,250.00 Texas Bankers Insurance Agency

Plastic Card Fraud AIG $10,000 per card $25,000

$500,000 single loss

$500,000 aggregate

Commercial Property Coverage Traveler's see below $1,000 May 15, 2020 $48,230.00 Texas Bankers Insurance Agency

* see branch breakdown for insured values

Addition of bank lot - Wolfforth $537.00 Texas Bankers Insurance Agency

Commercial General Liability Coverage Traveler's $2,000,000 n/a May 15, 2020 inc in Property premium Texas Bankers Insurance Agency

Commercial Inland Marine Coverage Traveler's included in Property Coverage inc in Property premium Texas Bankers Insurance Agency

Commercial Umbrella Traveler's $10,000,000 n/a May 15, 2020 $8,590.00 Texas Bankers Insurance Agency

Commercial Auto Coverage (inc reposessed auto) Traveler's $1,000,000 $500 May 15, 2020 $6,593.00 Texas Bankers Insurance Agency**

Increase of Repo Coverage to $150M $938.00 ** includes new Lincoln purchased Aug 2018

Mortgage Errors & Omissions (E&O) Traveler's $3,000,000 n/a May 21, 2020 $4,094.00 Texas Bankers Insurance Agency

Corporate Kidnap & Ransom/Extortion Insurance ABA Everest $3,000,000 n/a March 23, 2020 inc in D&O premium Texas Bankers Insurance Agency

Medallion Signature Guarantee STAMP Bond STS Program Management, Inc. $100,000 single n/a February 13, 2020 $1,200.00 Kemark Financial Svcs, Inc. Obligee

V# 73098 $200,000 aggregate n/a 3-yr term Westchester Fire Insurance Company

rev 5.2017

$25,000

AMERICO BANCSHARES, INC. dba AMERICAN BANK OF COMMERCECurrent Insurance Policies

$9,300.00September 15, 2020

May 4, 2020 $7,824.60

January 1, 2020

Texas Bankers Insurance Agency

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TABLE OF CONTENTS

4 AMERICO BANCSHARES – BALANCE SHEET

5 AMERICO BANCSHARES – INCOME STATEMENT

6 AMERICO GRAPHS

7 AMERICO GRAPHS

9 ABC BANK – BALANCE SHEET & INCOME STATEMENT

10 ABC BANK GRAPHS

11 ABC BANK GRAPHS

12 ABC BANK GRAPHS

January 21, 2020 

To Our Shareholders, 

I am pleased to provide you with the financial performance for Americo Bancshares and its wholly 

owned subsidiary, American Bank of Commerce for the year ending December 31, 2019.  The year got 

off to a fast start and in March of 2019, American Bank of Commerce purchased Infinity Mortgage 

Holdings, LLC as a wholly owned subsidiary of the bank. Infinity is a free‐standing mortgage company 

with locations in Austin, Colorado Springs, Dallas, Houston, Midland and Lubbock. Last year the 

company booked over $200 million in mortgage loans. However, at this time, the company is closing out 

their year and will not be included in our report to shareholders. We anticipate having Infinity Mortgage 

fully consolidated into American Bank of Commerce by the end of this January.  

2019 capped another good year for the holding company. Net income was just short of $10 million at 

$9,801,153, a slight increase from last year. Total assets grew to $99,704,496, an increase of 

$14,307,982, while liabilities decreased from $8,500,114 to $8,092,324. Total equity grew to 

$99,704,496, yielding a book value of $153.74 per share, an increase of 16%. 

Last year marked another year of earnings growth as American Bank of Commerce earned $10,092,839. 

Currently, Infinity Mortgage Holdings is in the process of consolidating their Income Statement and 

Balance Sheet into American Bank of Commerce, thus, the reported results do not reflect their financial 

performance. The bank ended the year with total assets of $970,943,157, total liabilities of 

$872,496,793, and equity of $98,446,363. As noted above, the bank exceeded $10 million in net income 

resulting in a return on average assets of 1.05% and a return on average equity of 10.92%.  

Asset quality remains excellent. Non‐performing assets remain low and the bank ended 2019 with no 

OREO on the balance sheet.  

Looking forward, the bank is opening a new location in the Park Cities area of Dallas in January of this 

year. We enjoy strong economies across all our markets in Texas and Colorado with low unemployment, 

solid job growth, and strong loan demand. We will continue to improve our bottom line by growing 

loans and deposits, enhancing noninterest income through the addition of Infinity Mortgage and taking 

opportunities to reduce expenses.   

This performance is a direct result of the hard work and dedication of our board of directors, officers, 

and employees. Their commitment to providing a good return to shareholders while maintaining a 

healthy financial institution will allow us to remain an independent community bank for generations to 

come.  

Sincerely,  

James Arnold 

President & CEO  American Bank of Commerce 

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BOARD OF DIRECTORS of Americo Bancshares, Inc.

John Moore, Chairman of the Board James S. Moore, Chairman Emeritus

Powell Thompson, Vice Chairman of the Board James Arnold, President

Mike Cunningham Jon Hockenyos

Steve McGavock Andy Meyercord

Todd Moore Jim Nolen

Loyd Rinehart Robert Shapiro

Melissa Thoveson

OFFICERS of Americo Bancshares, Inc.

John Moore - Chairman of the Board Powell Thompson - Vice Chairman

James Arnold - President Johnny McCowen - Chief Financial Officer

Tracy Riddle - Secretary

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Follow us at American Bank of Commerce on Facebook.

Follow us @TheABCBank on Twitter.

Follow us at americanbankofcommerce on Instagram.

Follow us at American Bank of Commerce on LinkedIn.

Follow us at American Bank of Commerce on YouTube.

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Results: A list of branches for your depository institution: AMERICAN BANK OF COMMERCE (ID_RSSD: 215662).

This depository institution is held by AMERICO BANCSHARES, INC. (1107193) of WOLFFORTH, TX.

The data are as of 12/31/2019. Data reflects information that was received and processed through  03/05/2020.

Reconciliation and Verification Steps

1. In the Data Action column of each branch row, enter one or more of the actions specified below

2. If required, enter the date in the Effective Date column

Actions

OK: If the branch information is correct, enter 'OK'  in the Data Action column.

Change: If the branch information is incorrect or incomplete, revise the data, enter  'Change'  in the Data Action column and the date when this information first became valid in the Effective Date column.

Close: If a branch listed was sold or closed, enter 'Close'  in the Data Action column and the sale or closure date in the Effective Date column.

Delete: If a branch listed was never owned by this depository institution, enter  'Delete'  in the Data Action column.

Add: If a reportable branch is missing, insert a row, add the branch data, and enter  'Add'  in the Data Action column and the opening or acquisition date in the Effective Date column.

If printing this list, you may need to adjust your page setup in MS Excel. Try using landscape orientation, page scaling, and/or legal sized paper.

Submission Procedure

When you are finished, send a saved copy to your FRB contact.  See the detailed instructions on this site for more information.

If you are e‐mailing this to your FRB contact, put your institution name, city and state in the subject line of the e‐mail.

Note:

To satisfy the FR Y‐10 reporting requirements, you must also submit FR Y‐10 Domestic Branch Schedules for each branch with a Data Action of Change, Close, Delete, or Add.

The FR Y‐10 report may be submitted in a hardcopy format or via the FR Y‐10 Online application ‐ https://y10online.federalreserve.gov.

* FDIC UNINUM, Office Number, and ID_RSSD columns are for reference only.  Verification of these values is not required.

Data Action Effective Date Branch Service Type Branch ID_RSSD* Popular Name Street Address City State Zip Code County Country FDIC UNINUM* Office Number* Head Office Head Office ID_RSSD* Comments

OK Full Service (Head Office) 215662 AMERICAN BANK OF COMMERCE         530 EAST HIGHWAY 62                       WOLFFORTH                 TX 79382      LUBBOCK          UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3252912 COLORADO SPRINGS BRANCH                434 S TEJON                                          COLORADO SPRINGS    CO 80903‐2112 EL PASO            UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Limited Service 3717635 TEJON MOBILE BRANCH                          434 SOUTH TEJON                                COLORADO SPRINGS    CO 80903‐2112 EL PASO            UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3280876 PUEBLO BRANCH                                      1000 WEST 6TH STREET                      PUEBLO                    CO 81003      PUEBLO            UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3377525 BEN WHITE BLVD BRANCH                      2201 WEST BEN WHITE BLVD            AUSTIN                    TX 78704      TRAVIS              UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3541054 LAKELINE MALL BRANCH                         10920 LAKELINE MALL DRIVE             AUSTIN                    TX 78717      WILLIAMSON   UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3184675 NORTHCROSS BRANCH                            2535 W ANDERSON LN                        AUSTIN                    TX 78757‐1180 TRAVIS              UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 2387161 RIO GRANDE BRANCH                              610 WEST 5TH STREET                        AUSTIN                    TX 78701‐2702 TRAVIS              UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3446878 SPICEWOOD SPRINGS ROAD BR             8668 SPICEWOOD SPRINGS RD          AUSTIN                    TX 78759      WILLIAMSON   UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Limited Service 3717653 WEST 5TH STREET MOBILE BRANCH     610 WEST 5TH STREET                        AUSTIN                    TX 78701‐2702 TRAVIS              UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3541045 WEST BRAKER LANE BRANCH                 2243 WEST BRAKER LANE                   AUSTIN                    TX 78758      TRAVIS              UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Limited Service 3717644 ADDISON MOBILE BRANCH                     5050 QUORUM DRIVE, SUITE 100     DALLAS                    TX 75254      DALLAS             UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3234468 NORTH DALLAS BRANCH                         5050 QUORUM DRIVE, SUITE 100     DALLAS                    TX 75254      DALLAS             UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3541036 50TH STREET BRANCH                             3721 50TH STREET                               LUBBOCK                   TX 79413      LUBBOCK          UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 2115092 82ND STREET BRANCH                             8112 INDIANA AVE                               LUBBOCK                   TX 79423      LUBBOCK          UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Full Service 3832547 NORTH LOOP BRANCH                             4656 NORTH LOOP 289                       LUBBOCK                   TX 79416      LUBBOCK          UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

OK Limited Service 3541027 MOBILE BRANCH                                       530 EAST HIGHWAY 62                       WOLFFORTH                 TX 79382      LUBBOCK          UNITED STATES   Not Required Not Required AMERICAN BANK OF COMMERCE      215662

FR Y-6Report Items 1 and 2

Form FR Y-6

Americo Bancshares, Inc. Wolfforth, TX 79382

Fiscal Year Ending December 31, 2019

Report Item: Annual Report to Shareholders

1: The bank holding company did prepare an annual report for its securities holders and is not registered with the SEC.

2 (a): Organization Chart

Americo Bancshares, Inc 

Wolfforth, TX  USA   

Incorporated in Texas

LEI ‐ N/A

100% 100% 

American Bank of Commerce  Americo Funding Trust I 

(ABC Bank) Wolfforth TX USA 

Wolfforth, TX USA    Incorporated in Delaware 

Incorporated in Texas  LEI N/A 

LEI ‐ 5493006XE7ZLYUW25E11 

100% 

Infinity Mortgage Holdings LLC 

Austin TX USA 

LLC Organized in Delaware 

LEI N/A   

FR Y-6 Report Items 1 and 2

2 (b): Domestic branch listing is enclosed with this report; no changes required at this time.

FR Y-6 Report Item 3

Form FR Y-6 Americo Bancshares, Inc.

Fiscal Year Ending December 31, 2019

Report Item 3: Securities holders (1)(a)(b)(c) and (2)(a)(b)(c)

Current securities holders with ownership, control or holdings of 5% or more Securities holders not listed in (3)(1)(a) through (3)(1)(c) that had ownership, control or with power to vote as of 12-31-19 Holdings of 5% or more with power to vote during the fiscal year ending 12-31-18.

(1)(c) (2)(c) (1)(a) (1)(b) Number and Percentage of (2)(a) (2)(b) Number and Percentage of Name & Address Country of Citizenship Each Class of Voting Name & Address Country of Citizenship Each Class of Voting (City, State, Country) or Incorporation Securities (City, State, Country) or Incorporation Securities

James S. Moore USA 306,360 - 52.47% Common Stock N/A Lubbock, TX USA Rebecca A. Phillips USA 42,018 - 7.20% Common Stock Austin, TX USA John M. Moore, M.D. USA 31,000 - 5.34% Common Stock Dallas, TX USA James T. Moore USA 30,000 - 5.14% Common Stock Dallas, TX USA Melissa Thoveson USA 30,000 - 5.14% Common Stock Dallas, TX USA

FR Y-6 Report Item 4

Form FR Y-6 Americo Bancshares, Inc.

Fiscal Year Ending December 31, 2019 Report Item 4: Insiders (1), (2), (3)(a)(b)(c), and (4)(a)(b)(c)

(4)(c) List names of other companies (includes

(3)(c) partnerships) if 25% Title & Position (4)(b) or more of voting

(1) (2) (3)(b) with other (4)(a) Percentage of securities are held Name, Principal (3)(a) Title & Position Businesses Percentage of Voting Shares in (List names of City, State, Occupation if other Title & Position with Subsidiaries (include names Voting Shares in Subsidiaries companies and Country than with Bank with Bank Holding (include names of other Bank Holding (include names percentage of voting

Holding Company Company of subsidiaries) businesses) Company of subsidiaries) securities held)

Mike Cunningham Accountant Director Director (ABC Bank) Partner 0.35% N/A Wolfforth, TX USA Howard, Cunningham, HCH – 33.33%

Houchin & Turner, LLP

James S. Moore Banker Director Director (ABC Bank) Managing Partner 52.47% N/A JPM Interest, Wolfforth, TX USA JPM Interests, LTD LTD – 100%

Managing Partner JPM Interest, JPM Interests II, LTD II LTD – 100%

James Todd Moore Oil & Gas Manager Director Director (ABC Bank) President 5.14% N/A Kiowa – 100% Wolfforth, TX USA Kiowa Gas Company

President Mid-American Mid-American Resources, Inc. Res., Inc. – 100% President Alamosa Drilling Alamosa – 100% Managing Partner

MJT Properties LLC MJT – 100%

John M. Moore, M.D. Physician Director & Director & Owner 5.34% N/A Medical Practice Wolfforth, TX USA Chairman Chairman (ABC Bank) John M. Moore MD 100%

FR Y-6 Report Item 4

(4)(c) List names of other companies (includes (3)(c) partnerships) if 25% Title & Position (4)(b) or more of voting (1) (2) (3)(b) with other (4)(a) Percentage of securities are held Principal (3)(a) Title & Position Businesses Percentage of Voting Shares in (List names of Name, Occupation if other Title & Position with Subsidiaries (include names Voting Shares in Subsidiaries companies and City, State, than with Bank with Bank Holding (include names of other Bank Holding (include names percentage of voting Country Holding Company Company of subsidiaries) businesses) Company of subsidiaries) securities held)

Steve McGavock Auto Dealership Director Director (ABC Bank) President 0.91% N/A McGavock Inc – 100% Lubbock, TX USA Management / Partner McGavock Inc. Partner McGavock Nissan 85% McGavock Nissan Auto Group LLP Partner McGavock Auto Group McGavock Auto Group Mgmt LLC Mgmt – 50% Partner / Dealer McGavock Nissan McGavock Nissan Amarillo LLP Amarillo – 85% Partner / Dealer McGavock Nissan McGavock Nissan Abilene LLP Abilene – 50% Partner McGavock Nissan McGavock Nissan Amarillo Mgmt LLC Amarillo Mgmt - 50% Partner McGavock Nissan McGavock Nissan Abilene Mgmt LLC Abilene Mgmt - 50% Partner McGavock West Texas McGavock West Texas LP Lincoln Mercury LP Lin/Mercury- 85% Partner McGavock West Texas McGavock West Texas Mgmt LLC – Linc/Mercury Linc/Mercury – 50% Partner McGavock Family McGavock Family Land Co, LLC Land Co, LLC – 50% Partner McGavock Family McGavock Family Land Co of Amarillo Land of Ama – 85% Partner McGavock Family McGavock Family Land Co of Abilene Land of Abilene- 40% Partner McGavock So Georgia McGavock So Georgia Land Co LCC Land Co LCC– 100% Partner McGavock Nissan of McGavock Nissan of Wichita Mgmt LLC Wichita Mgmt – 50% James A Nolan Jr. CFO Consultant / Director Director (ABC Bank) President & CFO 0.09% N/A CFO Service 100% Austin, TX USA RE Investor CFO Services Inc. Partner 6401 DCC 6401 DCC Partnership Partner 50% Owner FMC Associates FMC Assoc. 100%

FR Y-6 Report Item 4

(4)(c) List names of other companies (includes (3)(c) partnerships) if 25% Title & Position (4)(b) or more of voting (1) (2) (3)(b) with other (4)(a) Percentage of securities are held Principal (3)(a) Title & Position Businesses Percentage of Voting Shares in (List names of Name, Occupation if other Title & Position with Subsidiaries (include names Voting Shares in Subsidiaries companies and City, State, than with Bank with Bank Holding (include names of other Bank Holding (include names percentage of voting Country Holding Company Company of subsidiaries) businesses) Company of subsidiaries) securities held)

Loyd Rinehart CFO Ag Data / Director Director (ABC Bank) Owner/CEO/CFO 0.09% N/A Lubbock, TX USA Insurance Marketing LDJ American Online 30% LDJ American Robert Shapiro RE Investor / Recycling Director Director (ABC Bank) President 0.09% N/A Austin, TX USA Austin Metal and Iron Austin Metal and Partner Iron – 55% Rocking Ranch Partnership Rocking Ranch - 49% E. Powell Thompson Banker Director & Director & Partner 1.89% N/A Triple T JV – 21% Wolfforth, TX USA President CEO (ABC Bank) Triple T JV Beneficiary E Powell Thompson Exempt Trust Exempt Trust 100% Lmt Partner Cross Your Fingers Oil Cross Your Fingers 60% Trustee E Powell Thompson Trust Thompson 100% Melissa Thoveson N/A Director Director (ABC Bank) N/A 5.14% N/A N/A Wolfforth, TX USA Johnny McCowen Banker Treasurer Sr Exec VP & CFO N/A 0.19% N/A N/A Wolfforth, TX USA (ABC Bank) Tracy Riddle Banker Secretary Sr Exec VP & COO N/A 0.00% N/A N/A Wolfforth, TX USA (ABC Bank)