Board of Directors and Management

Donald B. Clanton is a Director of Evolve Bank & Trust and Executive Vice President of the Institutional Group at Duncan-Williams, Inc. and has held this position since 2002. He has over 30 years of experience in the securities sector. From 1998 to 2002, Mr. Clanton was Vice President of Dain Rauscher, Inc., from 1997 to 1998, Chairman and CEO of Amerifed Mortgage and from 1994 to l997, Senior Managing Director of Sales and Trading of the LLama Company. From 1985 to 1994, Mr. Clanton was President of Commerce Investment Company, a subsidiary of National Bank of Commerce. From 1981 to 1984, Mr. Clanton joined Union Planters Investment Bankers Group and established it as one of the leading mortgage bankers in the Southeast. Prior to joining Union Planters, Mr. Clanton was First Vice President and Director of UMIC where he became the leading sales producer within four years while opening and managing a branch office which became UMIC's most profitable entity. Mr. Clanton's professional memberships include the National Association of Security Dealers and has served on this organization's Business Conduct committee. He is also a member of the Securities Industry Association and has served as President and Board Member of the Memphis Investment Bankers Association. Mr. Clanton earned his Bachelor of Science and Marketing Degree at Mississippi State University.

James (J. De) DeHart is a Director of Evolve Bank & Trust. Mr. DeHart has been involved since 1994 in the management of operations and administrative functions within The DeHart Group. The DeHart Group of companies provides transportation logistics and back office services throughout the midsouth region. Mr. DeHart is currently the President of DeHart Capital LLC, a private investment firm specializing in commercial/residential development and private placement investments.

Lewis E. Holland is a Director of Evolve Bank & Trust. Until his retirement in 2009 Holland served as president and chief operating officer of Henry Turley Company in Memphis, Tennessee. The company focused on real estate development of communities involving residential, commercial and retail. Significant projects completed during his tenure were Uptown, River Inn of Harbor Town, and several new and converted condominiums.

Prior to joining Henry Turley Company in 2001, Holland served as president of Financial Enterprise businesses for National Commerce Financial Corporation in Memphis. His responsibilities included the direct management of NCF’s non-banking businesses, made up of broker/dealer activities; investment advisory services; fuel-related electronic payment systems, data processing and card services, retail banking consulting and in-store installations; and lockbox services for elderly care facilities. Prior to that position he served the corporation as vice chairman, chief financial officer and treasurer.

Prior to joining NCF in 1994, Holland served as partner in charge of the financial service practice and director of audit for the Memphis office of Ernst & Young, LLP, where he had extensive experience with financial services clients, including banks, investment banks, commodities dealers, funds, mortgage banking and thrifts.

Holland served six years as president of UMIC, Inc., a former Memphis-based, regional investment banking firm. Just prior to its sale in 1988, the company had grown to be one of the 100 largest securities firms in the country.

Currently, Holland is a member of the Board of Directors of Buckeye Technologies where he serves as chairman of the Audit Committee. Holland also serves as a director of Morgan Keegan Financial Products which is a leading provider of interest rate swaps and related derivatives. Holland also serves as director of USI Alliance, a provider of assistance to the senior community through commercial banks.

A graduate of Mississippi State University with a B.S. in both accounting and banking and finance, Holland is also a Securities Industry Institute graduate of the Wharton School of Finance at the University of Pennsylvania. He was formerly registered as general securities principal (GP) with the National Association of Securities Dealers (NASD) and as an associated person (AP) with the Commodity Futures Trading Commission.

Holland is active in numerous professional and civic organizations which he has served as past president of the Memphis Chapter of Tennessee Society of CPAs, Division Chairman of United Way, Chairman of the Board of Directors of the Memphis Orchestral Society, and is currently a member of the ArtsMemphis Board of Directors. Personal interests include golf, tennis, and family activities.

A resident of Memphis, Mr. Holland is married to Lunida Jackson Holland. They have three adult children and two grandchildren.

Joe Jenkins is a Director of Evolve Bank & Trust. He has been involved in the banking industry for 34 years and was Chairman and President of the former Citizens Bank, Marion, Arkansas. Mr. Jenkins is a graduate of Arkansas State University and The Stonier Graduate School of Banking of Rutgers University. He served as an instructor and Board Chairman of The Mid-South School of Banking in Memphis. During his banking career, Mr. Jenkins served on the Arkansas Bank Holding Company Board and was a member of the committee. He has also served on the Arkansas affiliate and the national board of the American Heart Association. He was Chairman of the Mid-South Community College Foundation Board and the Crittenden County Regional Hospital Board and was a founding member of the Esperanza Bonanza Festival in Marion, Arkansas. Mr. Jenkins presently serves as the Chairman of the Board of the Assisi Foundation of Memphis.

B. Scot Lenoir is President and Chief Executive Officer of Evolve Financial Group (EFG). Mr. Lenoir founded EFG in January 2004 after 20 years as an Officer and Director of First Mercantile Trust Company (FMTC), a state chartered non-depository financial institution managing pension and profit sharing assets exceeding $3 billion. At the time of his departure from FMTC in January 2004, Mr. Lenoir served as President, CEO and a Director of the firm. During his tenure at FMTC, Mr. Lenoir led the firm through a period of unprecedented growth. He designed a series of initiatives to spur that growth, including a product development and marketing effort that transformed FMTC from simple provider of third-party financial products to producer of proprietary financial products marketed through an independent national network of financial service professionals. His leadership also was pivotal in bringing FMTC to the forefront of technological excellence in the financial services arena. In 2002, FMTC's web site was chosen by DALBAR, Inc., the nation's leading financial-services market research firm, as one of the best web sites for participants enrolled in defined contribution plans. FMTC was one of only six of 31 firms to receive an "excellent" rating in the DALBAR analysis. FMTC was acquired by National Commerce Financial Corporation (NYSE:NCF) later that year. Drawing on extensive experience both in creating and managing diverse financial services companies and sales networks, Mr. Lenoir has developed the business model and strategic plan for EFG. He has tapped his network of nationwide industry contacts to assemble the management team to implement the EFG model. Mr. Lenoir is a graduate of the University of Memphis with a Bachelor of Science degree in Finance.

W. Scott Stafford is President, CEO and Director of Evolve Bank & Trust. From 2002 through 2004, Mr. Stafford was a Vice President with the Institutional Group of Duncan-Williams, Inc. His responsibilities included the servicing of municipalities, insurance companies, foreign and domestic financial institutions by developing investment strategies and executing trades. He was also instrumental in Duncan-Williams' development of a multi-family mortgage conduit. Prior to his tenure with Duncan-Williams, Mr. Stafford was an executive with National Bank of Commerce (NBC) which he joined in 1990. For four years prior to joining Duncan-Williams, he was a Senior Vice President with NBC and President of NBC's Correspondent Lending Division and directed the sales and service operations. He provided the impetus for NBC's development of its Shared Appreciation Mortgage (SAM) program which offered borrowers lower rates in return for sharing future home appreciation. The SAM program included a collaboration of Bear Stearns & Co., Inc., and others. Mr. Stafford received widespread recognition from this venture -- including extensive media coverage in The New York Times, Los Angeles Times, Washington Post, Bloomberg Radio and USA Today. From 1997 to 2002, Mr. Stafford was also President of NBC's Commerce Finance Corporation -- NBC's non-conforming loan division. In 1996, Mr. Stafford was promoted to Vice President of NBC's First Market Bank, a de novo subsidiary, and supervised its expansion into Georgia. Prior to 1996, Mr. Stafford held multiple positions with NBC -- beginning as Branch Manager of various Money Market branches and then promoted to Assistant Vice President of NBC's Private Banking Group where his marketing directly to medical doctors and business executives led to high loan and deposit growth. In 1993, Mr. Stafford represented Rotary Club International for one month as its representative to Wales where he discussed banking matters with Welsh business leaders and politicians. Mr. Stafford holds Series 7 and 63 licenses and earned his Bachelor of Science in Commerce and Business degree at the University of Alabama. He serves on the board of Neighborhood Christian Center, a non-profit organization.

Stephen Valentine is a Director of Evolve Financial Group, Inc and Evolve Bank & Trust. Mr. Valentine is an executive with International Business Machines (NYSE:IBM) and a business consultant to Fortune 100 companies. Prior to joining IBM, Mr. Valentine was with AutoZone, Inc. (NYSE:AZO) for 15 years. At AutoZone, Mr. Valentine spearheaded the firm's international expansion efforts as Senior Vice President, Business Development and prior to that he oversaw the technology side of the firm as Senior Vice President, Chief Information Officer. Previously, Mr. Valentine was a consultant to the Department of the Navy.

Management

John Chandler, Executive Vice President and Chief Operating Officer has over 30 years of diverse experience in the financial services industry. Most recently Mr. Chandler was Director of Deposit Operations for a $ 1.3 billion national bank. Prior to that Mr. Chandler directed the Capital Markets Group for AmSouth Bank/ First American National Bank which included sales, trading, and operational support. Mr. Chandler's Capital Markets experience also includes 11 years with Union Planters Bank. Other experience includes Compliance Officer for a broker dealer subsidiary for a regional life and annuity corporation. As Chief Operating Officer he helped establish a national broker dealer subsidiary for the Independent Bankers Association.

John Clement, Chief Financial Officer for Evolve Bank & Trust, was previously a manager with Thompson Dunavant's Internal Audit Outsourcing/Sarbanes Oxley group. He worked for Price Waterhouse for 6 years in the external and largest bank internal audit outsourcing group for a top 25 U.S. Bank. He joined ServiceMaster, a $6 billion revenue service company, as an Audit Manager and held CFO roles over a $300 million nursing home management division and the $60 million Shared Services Group for 5 years. He then joined Union Planters National Bank, a $35 billion in assets multi-bank holding company, as Director of Internal Audit and Director of Risk Management directing the internal audit function and leading the Sarbanes Oxley implementation. John is a licensed Certified Public Accountant and is a member of the American Institute of CPA's and the Tennessee State Society of CPA's. He graduated from University of Louisiana, Monroe in Accounting.