Written agreement with Beach Community Bancshares

The following press release was published by the Board of Governors of the Federal Reserve System on June 17, 2010. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Beach Community Bancshares, Inc., Fort Walton Beach, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta. A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System