First National Bankers Bankshares, Inc. Announces Retirement, Promotions, New Board Members

BATON ROUGE, La., Jan. 8, 2018 /PRNewswire/ -- First National Bankers Bankshares, Inc. announces the retirement of Vic Nichol, Alabama Regional President. Announcement is also made of the promotions of executive officers and two new board members effective January 1, 2018.

In the Alabama Region, Vic Nichol, Alabama Regional President and President of FNBB Capital Markets, LLC has announced his retirement effective February 15, 2018. Charles Morris has been promoted to President of the Alabama Region as Mr. Nichol's successor. Mr. Morris has been with FNBB for 13 years and most recently served as Senior Lender. Chris Corts, who formerly served as Executive Vice President and Chief Operating Officer of FNBB Capital Markets, LLC has been promoted to President of both the Capital Markets Division of FNBB and FNBB Capital Markets, LLC.

Paxton Mogenson will serve as Regional President of the newly combined Louisiana-Mississippi region. This region will encompass coverage for the Louisiana, Mississippi and Texas markets. Mr. Mogenson previously served as Mississippi Regional President.

Joey Quinlan has been named president of First National Bankers Bankshares, Inc. He will continue to serve as Senior Executive Vice President and Chief Operating Officer of First National Bankers Bank.

Mr. Mogenson and Mr. Morris will report directly to Jim Hudson, President and CEO of First National Bankers Bank. Chris Corts will report to Joey Quinlan.

"Mr. Nichol has been a great leader for us and was instrumental in our company's success when we originally chartered the Alabama Bankers Bank before consolidating all of our charters. Through his leadership, we enjoy an extremely proud reputation among community bankers in that region, and we will be eternally indebted to him for his past efforts and contributions," said Joseph F. Quinlan, FNBB, Inc. Chairman, President and Chief Executive Officer. Mr. Quinlan added, "Our company has always prided itself on proactively building for the future. The additions to our executive staff will serve our shareholders and customers very well."

FNBB, Inc. recently elected two new Board of Directors for FNBB, Inc. and its banking subsidiary, First National Bankers Bank that were effective January 1, 2018. We are pleased to welcome Mark Folse, President and CEO of Coastal Commerce Bank in Houma, Louisiana and Chuck Morgan, President and CEO of Relyance Bank, N.A. in Pine Bluff, Arkansas. They succeed Michael Creed of Investar Bank, formerly The Highlands Bank in Jackson, Louisiana and Martin Carpenter, Chairman of FNBC Bank in Ash Flat, Arkansas. On behalf of FNBB, Inc. and FNBB, Joseph Quinlan, Jr. thanks Mr. Creed and Mr. Carpenter for their years of support and leadership.

First National Bankers Bankshares, Inc. is a holding company with four subsidiaries serving the correspondent banking needs of community financial institutions across the southeastern United States. First National Bankers Bank, chartered in 1983, has offices in Baton Rouge, Louisiana, Birmingham, Alabama, Little Rock Arkansas, Lake Mary, Florida, Ridgeland, Mississippi, Shreveport, Louisiana and Marietta, Georgia. The total assets as of September 30, 2017 are $901 million. Its Board of Directors consist of CEO's of its community bank shareholders.

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SOURCE First National Bankers Bankshares, Inc.