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                                 EXHIBIT 99.1

                 LETTER TO SHAREHOLDERS OF EAGLE NATIONAL BANK



                              EAGLE NATIONAL BANK
                               5006 Verde Valley
                              Dallas, Texas 75240
                                (972) 980-4443

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                           September __, 2000

TO OUR SHAREHOLDERS:

     The Board of Directors of Eagle National Bank cordially invites you to
attend the Annual Meeting of Shareholders at 10:00 a.m., local time, on
Tuesday, October 31, 2000, at the main office of Eagle National Bank.

     At the Annual Meeting of Shareholders, you will be asked to consider and
act on annual corporate matters regarding the election of directors. The Board
of Directors recommends that you vote in favor of the proposed nominees.

     In addition, you will be asked to consider a proposal to approve and adopt
Agreement and Plan of Reorganization that will reorganize the bank into a bank
holding company. The reorganization is part of a restructuring of the bank's
ownership and branch structure. Four directors of the bank, Randy Pack, Jon Roy
Reid, John Yeaman and Tom Youngblood, have agreed to sell their shares of bank
stock to the holding company for $15.00 per share cash. The bank has agreed to
sell its branch known as "Park Cities Bank" to a new commercial bank being
established by these four directors. The remaining directors of the bank will
continue their investment in the bank through the ownership of holding company
stock.

     Under the reorganization, each shareholder of Eagle National Bank has the
same choices that are available to the directors of the bank. You may choose to
receive for each share of bank stock that you own

     .    one share of holding company stock; or

     .    $15.00 cash.

     You may elect to exchange part of your shares of bank stock for holding
company common stock and the remaining shares of bank stock for cash. If you
elect to receive cash, the selling directors have agreed to cause the Park
Cities bank to provide you with the right to invest the cash received in the
Park Cities bank.

     If the bank shareholders approve and adopt the reorganization agreement,
your shares of bank stock will automatically be converted into one, or a
combination of, the forms of consideration set forth above at your election.
After the reorganization, the holding company will own all of the outstanding
shares of the bank, and the bank will continue to operate from its current head
office.

     The Board of Directors believes that the reorganization is in the best
interests of the bank and its shareholders and urges you to vote "FOR" the
agreement and the reorganization it provides. The approval and adoption of the
reorganization agreement requires an affirmative vote of the holders of at least
66-2/3% of the outstanding shares of the bank's stock.


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     You are, of course, welcome to attend this Annual Meeting, but we
understand that this may not be possible. It is important that your shares be
represented and voted at the meeting whether or not you plan to attend. If
enough shareholders do not return their executed proxies, we may have to incur
the expense of additional solicitation. Please take a moment to sign, date and
promptly mail the enclosed proxy in the pre-addressed and stamped envelope
supplied for your convenience.

     We urge you to carefully review the enclosed proxy statement/prospectus
that describes the reorganization proposal in detail. The reorganization
involves elements of risk that are described under "Risk Factors" beginning on
page 11.

     Again, the Board of Directors strongly recommends that you vote "FOR" the
proposal. On behalf of the Board of Directors, thank you for your cooperation
and continued support.

                                          Very truly yours,



                                          Harold L. Campbell
                                          Chairman of the Board