Written agreement with Southern Bank of Commerce

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 8, 2008. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Southern Bank of Commerce, Paragould, Arkansas, the Federal Reserve Bank of St. Louis, and the Arkansas State Bank Department. A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System