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2011 Annual Report


Birmingham Board of Directors

birmingham mauldin moore nicholson stanton Reilly
Macke B. Mauldin
C. Richard Moore Jr.
Howard Leroy Nicholson
Thomas R. Stanton
F. Michael Reilly

MACKE B. MAULDIN

President
Bank Independent
Sheffield, Alabama

C. RICHARD MOORE JR.

Chairman, President, and
Chief Executive Officer
Peoples Southern Bank
Clanton, Alabama

HOWARD LEROY NICHOLSON

Director
Alabama AFL-CIO Labor Institute for Training (LIFT)
Montgomery, Alabama

THOMAS R. STANTON

CHAIR
Chairman and Chief Executive Officer
ADTRAN Inc.
Huntsville, Alabama

F. MICHAEL REILLY

Chairman, President, and
Chief Executive Officer
Randall-Reilly Publishing Company LLC
Tuscaloosa, Alabama

JOHN A. LANGLOH

President and Chief Executive Officer
United Way of Central Alabama
Birmingham, Alabama

JAMES K. LYONS

Director and Chief Executive Officer Alabama State Port Authority
Mobile, Alabama

Mouse over director for more information. Left to right:

Sixth Federal Reserve District Directors

Federal Reserve Banks each have a board of nine directors. Directors provide economic information, have broad
oversight responsibility for their bank's operations, and, with the Board of Governors approval, appoint the bank's
president and first vice president.

Six directors—three class A, representing the banking industry, and three class B—are elected by banks that are
members of the Federal Reserve System. Three class C directors (including the chair and deputy chair) are appointed
by the Board of Governors. Class B and C directors represent agriculture, commerce, industry, labor, and consumers
in the district; they cannot be officers, directors, or employees of a bank; class C directors cannot be bank stockholders.

Fed branch office boards have five or seven directors; the majority are appointed by head-office directors and the rest
by the Board of Governors.