Document:

EXHIBIT 4.1

THE  WARRANTS  MAY  NOT BE ASSIGNED OR TRANSFERRED BY THE WARRANT HOLDER, EXCEPT
WITH  THE  COMPANY'S PRIOR WRITTEN CONSENT IN LIMITED CIRCUMSTANCES AS DESCRIBED
HEREIN,  AND  IF SO REQUESTED BY THE COMPANY, THE DELIVERY BY THE WARRANT HOLDER
TO  THE  COMPANY  OF AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO
THE  COMPANY  STATING THAT SUCH TRANSFER OR ASSIGNMENT IS IN COMPLIANCE WITH THE
SECURITIES ACT OF 1933 AND APPLICABLE STATE SECURITIES LAWS.

                        SWEETWATER FINANCIAL GROUP, INC.

                             STOCK WARRANT AGREEMENT

                                ___________, 2003

Warrant  Holder:                                No.  of  Shares:
                --------------------------                      ----------------

               Sweetwater Financial Group, Inc. (the "Company"), a Georgia
                    corporation and the holding company for Georgian Bank (the
                    "Bank"), hereby grants to the person identified above as the
                    Warrant Holder Warrants (the "Warrants") to purchase the
                    number of shares set forth above, representing 0.37 shares
                    of common stock for every share of common stock purchased by
                    the Warrant Holder in the Company's 2003 private placement
                    offering, in consideration of the financial risk associated
                    with Warrant Holder's investment in the Company during its
                    implementation of a new business plan. Such Warrants are
                    granted on the following terms and conditions:

     1.     Exercise  of  Warrants.  One-third  of  the  shares  (the  "Shares")
            ----------------------
subject  to  the  Warrants  granted  in this Agreement shall vest on each of the
first  three  anniversaries of the date the Company closed the private placement
offering,  which  was                   , 2003 (the "Completion Date"). Exercise
                      ------------------
of  the  Warrants  is  subject  to  the  following:

          (a)  Exercise Price. The exercise price (the "Exercise Price") shall
               --------------
               be $10.00 per Share, subject to adjustment pursuant to Section 2
               below.

          (b)  Expiration of Warrant Term. The Warrants will expire at 5:00 p.m.
               --------------------------
               Eastern  Standard Time on the fifth anniversary of the Completion
               Date,  and  may  not  be  exercised  thereafter  (the "Expiration
               Date").

          (c)  Payment. The purchase price for Shares as to which the Warrants
               -------
               are  being  exercised shall be paid in cash, by wire transfer, by
               certified  or bank cashier's check, or by personal check drawn on
               funds  on  deposit  with  the  Bank.

          (d)  Method of Exercise. The Warrants shall be exercisable by a
               ------------------
               written notice delivered to the President or Secretary of the
               Company which shall:

               (i)  State  the  owner's  election  to exercise the Warrants, the
                    number  of  Shares  with  respect  to  which  it  is  being
                    exercised,  the  person  in whose name the stock certificate
                    for  such  Shares  is  to  be  registered, and such person's
                    address and tax identification number (or, if more than one,
                    the  names, addresses and tax identification numbers of such
                    persons);

               (ii) Be  signed by the person or persons entitled to exercise the
                    Warrants  and,  if  the  Warrants are being exercised by any
                    person or persons other than the original holder thereof, be
                    accompanied by proof satisfactory to counsel for the Bank of
                    the  right  of  such  person  or  persons  to  exercise  the
                    Warrants;  and

              (iii) Be accompanied by the originally executed copy of this Stock
                    Warrant Agreement.

          (e)  Partial  Exercise.  In  the  event  of  a partial exercise of the
               -----------------
               Warrants,  the Company shall either issue a new agreement for the
               balance  of  the  Shares  subject to this Stock Warrant Agreement
               after  such  partial  exercise,  or  it  shall conspicuously note
               hereon  the  date and number of Shares purchased pursuant to such

<PAGE>
               exercise and the number of Shares remaining covered by this Stock
               Warrant  Agreement.

          (f)  Restrictions  on  Exercise. The Warrants may not be exercised (i)
               --------------------------
               if the issuance of the Shares upon such exercise would constitute
               a  violation  of  any  applicable  federal or state securities or
               banking  laws  or  other  law  or  regulation  or (ii) unless the
               Company,  the  Bank, or the holder hereof, as applicable, obtains
               any  approval  or  other clearance which the Company and the Bank
               determine  to  be necessary or advisable from the Federal Reserve
               Board,  the  Federal  Deposit  Insurance Corporation or any other
               state  or  federal  banking  regulatory  agency  with  regulatory
               authority over the operation of Company or the Bank (collectively
               the  "Regulatory  Agencies").  The  Company  may  require
               representations  and  warranties  from  the  Warrant  Holder  as
               required to comply with applicable laws or regulations, including
               the  Securities  Act  of  1933  and  state  securities  laws.

     2.     Anti-Dilution;  Merger.  If,  prior  to  the  exercise  of  Warrants
            ----------------------
hereunder, the Company (i) declares, makes or issues, or fixes a record date for
the  determination of holders of common stock entitled to receive, a dividend or
other  distribution  payable  on the Shares in shares of its capital stock, (ii)
subdivides  the  outstanding  Shares,  (iii)  combines  the  outstanding  Shares
(including  a  reverse stock split), (iv) issues any shares of its capital stock
by  reclassification  of  the  Shares,  capital  reorganization  or  otherwise
(including  any  such  reclassification  or  reorganization in connection with a
consolidation or merger or and sale of all or substantially all of the Company's
assets  to  any  person),  then  the  Exercise Price, and the number and kind of
shares  receivable  upon  exercise, in effect at the time of the record date for
such  dividend  or  of  the  effective  date of such subdivision, combination or
reclassification  shall  be  proportionately  adjusted so that the holder of any
Warrant  exercised  after  such  time shall be entitled to receive the aggregate
number  and kind of shares which, if such Warrant had been exercised immediately
prior  to such time, he would have owned upon such exercise and been entitled to
receive  by  virtue  of  such  dividend, distribution, subdivision, combination,
reclassification,  reorganization,  consideration,  merger  or  sale.

     3.     Valid  Issuance of Common Stock.  The  Company  possesses  the  full
             -------------------------------
authority  and legal right to issue, sell, transfer, and assign this Warrant and
the Shares issuable pursuant to this Warrant. The issuance of this Warrant vests
in  the  holder  the entire legal and beneficial interests in this Warrant, free
and  clear  of  any  liens,  claims, and encumbrances and subject to no legal or
equitable  restrictions  of any kind except as described herein. The Shares that
are  issuable  upon exercise of this Warrant, when issued, sold and delivered in
accordance  with  the  terms  of  this Agreement for the consideration expressed
herein,  will  be  duly  and validly issued, fully paid, and non-assessable, and
will  be  free  of  restrictions  on  transfer  other  than  restrictions  under
applicable  state  and  federal  securities.

     4.     Compliance  with  Securities  Laws. This Agreement and the  Warrants
            ----------------------------------
represented  hereby  were  issued  in reliance on an exemption from registration
under  the  Securities Act of 1933 (the "Act") pursuant to Section 4(2) thereof,
and  other  applicable  exemptions  under  state  securities laws. The Company's
reliance  on  such  exemption  is  predicated  in  part  on the Warrant Holder's
representations  set  forth herein. Warrant Holder understands that the Warrants
and  the  Shares  issuable  upon  exercise  of  the  Warrants  may  not be sold,
transferred  or  otherwise disposed of without registration under the Securities
Act  of 1933, or an exemption therefrom, and that in the absence of an effective
registration  statement  covering  such  shares  or  an available exemption from
registration  under  the  Securities Act, such Shares must be held indefinitely.

     5.     Restrictions on Transferability. This Agreement and the Warrants may
            --------------------------------
not  be  assigned,  transferred  (except  as  provided  above),  pledged,  or
hypothecated in any way (whether by operation of law or otherwise) and shall not
be  subject  to  execution,  attachment,  or  similar  process.  Any  attempted
assignment,  transfer,  pledge,  hypothecation,  or  other  disposition of these
Warrants  contrary  to  the provisions hereof shall be without legal effect. The
Shares  issuable  on exercise of the Warrants may not be assigned or transferred
by  the  Warrant  Holder  without the Company's prior written consent and, if so
requested  by  the Company, the delivery by the Warrant Holder to the Company of
an  opinion of counsel in form and substance satisfactory to the Company stating
that  such  transfer  or  assignment is in compliance with the Securities Act of
1933  and  applicable  state  securities  laws.

     6.     Restrictive Legend. Each certificate for Shares issued upon exercise
            ------------------
of  the  Warrant  shall bear a legend stating that they have not been registered
under  the  Securities Act of 1933 or any state securities laws and referring to
the  restrictions  on  transferability  and  sale  herein.

     7.    Mandatory  Exercise;  Termination.
           ---------------------------------

          (a)  Either  the  Company  or the Bank may be required to increase its
               capital  to  meet  capital requirements imposed by statute, rule,
               regulation,  or  guideline.  In  order  to  achieve  such capital

<PAGE>
               increase,  the  Regulatory Agencies may direct the Company or the
               Bank to require the Warrant Holders to either (i) exercise all or
               part  of  their  Warrants  or  (ii)  allow  the  Warrants  to  be
               terminated.  If  the Regulatory Agencies so direct the Company or
               the  Bank,  then  the Warrant Holder must exercise or forfeit the
               Warrants  as  set  forth  below.

          (b)  When  the Company or the Bank is required to increase its capital
               as  described  in  subsection (a) above, the Company shall send a
               notice  (the  "Notice")  to the Warrant Holder (i) specifying the
               number  of Shares relating to the Warrants for which the Warrants
               must  be  exercised  (the  "Number")  (if  less  than  all shares
               relating  to  warrants  held  by  all  holders of warrants of the
               Company  under  agreements  substantially similar to this one are
               required  by the Company to be exercised or cancelled, the Number
               for  the  Warrant Holder shall reflect a proportionate allocation
               based  on  the  number  of  Shares  subject  to this Agreement as
               compared  to  the total number of shares subject to warrants held
               by all such warrant holders as a group); (ii) specifying the date
               prior  to  which  the  Warrants  must  be  totally  or  partially
               exercised,  as the case may be (the "Deadline"); (iii) specifying
               the Exercise Price for the Shares to be purchased pursuant to the
               Warrants  (such  Exercise  Price not to be less than current book
               value  per  share);  and  (iv)  stating  that  the failure of the
               Warrant  holder  to  exercise  the Warrants shall result in their
               automatic  termination.

          (c)  If  the Warrant Holder does not exercise the Warrants pursuant to
               the  terms  of  the Notice, this Agreement shall be automatically
               terminated  on the Deadline, without further act or action by the
               Warrant  Holder  or  the  Company,  and  the Warrant Holder shall
               deliver  this  Agreement  to the Company for cancellation. If the
               Number  is  less  than  the  total number of Shares that are then
               subject to exercise under this Agreement, the Company shall issue
               a  new  Stock  Warrant  Agreement in compliance with Section 1(e)
               hereof.

     8.    Covenants  of  the  Company. During  the  term of  the Warrants, the
           ---------------------------
Company shall:

          (a)  at  all  times  authorize, reserve and keep available, solely for
               issuance  upon  exercise  of  this  Warrant, sufficient shares of
               common  stock  from  time  to time issuable upon exercise of this
               Warrant;

          (b)  on  receipt of evidence reasonably satisfactory to the Company of
               the  loss,  theft, destruction or mutilation of this Warrant and,
               in  the  case  of loss, theft, or destruction, on delivery of any
               indemnity  agreement  or bond reasonably satisfactory in form and
               amount to the Company or, in the case of mutilation, on surrender
               and  cancellation  of  this  Warrant,  at its expense execute and
               deliver,  in  lieu  of this Warrant, a new Warrant of like tenor;
               and

          (c)  on  surrender  for  exchange  of  this  Warrant  or  any  Warrant
               substituted  therefore pursuant hereto, properly endorsed, to the
               Company,  at its expense, issue and deliver to or on the order of
               the  holder  thereof  a new Warrant or Warrants of like tenor, in
               the  name  of  such  holder or as such holder (on payment by such
               holder  of  any applicable transfer taxes) may direct, calling in
               the  aggregate  on the face or faces thereof for the issuances of
               the  number  of  shares  of common stock issuable pursuant to the
               terms  of  the  Warrant  or  Warrants  so  surrendered.

     9.     No  Dilution  or  Impairment.  The  Company  shall  not  amend  its
            ----------------------------
Certificate  of  Incorporation or participate in any reorganization, transfer of
assets,  consolidation,  merger,  dissolution, issuance or sale of securities or
any  other  voluntary action for the purpose of avoiding or seeking to avoid the
observance  or  performance  of  any  of  the  terms to be observed or performed
hereunder by the Company, but will at all times in good faith assist in carrying
out  all  such  action  as  may  be reasonably necessary in order to protect the
exercise  rights  of  the  holder against improper dilution or other impairment.

     10.    Amendment.  Neither  this Agreement nor the rights granted hereunder
            ---------
may be amended, changed or waived except in writing signed by each party hereto.

<PAGE>
IN WITNESS WHEREOF, the Company has executed and the holder has accepted this
Stock Warrant Agreement as of the date and year first above written.

                              SWEETWATER FINANCIAL GROUP, INC.

                              By:
                                 -----------------------------------------------
                                                   President
(CORPORATE SEAL)

                              Attest:
                                 -----------------------------------------------
                                                   Secretary

                              WARRANT HOLDER:

                              By:
                                 -----------------------------------------------
                                                    Signature

                              By:
                                 -----------------------------------------------
                              Print Name

<PAGE>EXHIBIT 10.1

                            EMPLOYMENT AGREEMENT AND
                            ------------------------
                             COVENANT NOT TO COMPETE
                             -----------------------

     THIS EMPLOYMENT AGREEMENT is entered into on the 5th day of September,
2003, between Sweetwater Financial Group, Inc., a Georgia corporation,
hereinafter referred to as "Company," Georgian Bank, a Georgia state bank,
hereinafter referred to as the "Bank," and Kenneth Lee Barber, a resident of
Cobb County, Georgia, hereinafter referred to as "Executive." The Company and
the Bank and collectively referred to herein as the "Employer."

                                   WITNESSETH:
                                   -----------

     WHEREAS, the Company serves as the holding company for the Bank, which
conducts the business of commercial and retail banking (the "Employer's
Business");

     WHEREAS, prior to the date hereof the Executive has served as the Chief
Executive Officer and President of the Company pursuant to an Employment
Agreement dated February 27, 2001;

     WHEREAS, the Board of Directors approved a new business strategy, which
includes the addition of several new officers and directors and the offering of
securities to raise up to $50 million to support the launch of the new business
strategy (the "Offering");

     WHEREAS, upon acceptance of subscriptions for the minimum offering proceeds
and receipt of the necessary regulatory approvals, Executive agreed to resign as
President and Chief Executive Officer the Company and the Bank and to accept the
position as Vice Chairman of the Company and the Bank;

     WHEREAS, the parties hereto desire to enter into an agreement for the
employment of Executive on the terms and conditions contained herein;

     NOW, THEREFORE, in consideration of the Executive accepting the position of
Vice Chairman of the Board of Directors and Vice Chairman of the Company and the
Bank, and the mutual promises made herein, the Employer and Executive agree as
follows:

     1.     Employment: Executive hereby resigns as President and Chief
            ----------
Executive Officer of the Company and the Bank. The Employer hereby employs the
Executive as Vice Chairman of the Board of Directors and as Vice Chairman of the
Company and the Bank upon the terms and conditions set forth herein. Executive
shall have such authority and responsibilities as are consistent with his
position and which may be set forth in this Agreement or assigned by the Chief
Executive Officer of the Company or the Board of Directors from time to time.
Executive shall devote his full business time, attention, skill and efforts to
the performance of his duties hereunder, except during periods of illness or
periods of vacation and leaves of absence consistent with the Employer's policy.
Executive may devote reasonable periods of time to perform charitable and other
community activities and to manage his personal investments; provided, however,
                                                             --------  -------
that such activities will not materially interfere with the performance of his
duties hereunder and will not be in conflict or competitive with, or adverse to,
the interests of the Employer. Under no circumstances will the Executive work
for any competitor or have any financial interest in any competitor of the
Employer; provided, however, that the Executive may invest in up to 1% of the
publicly-traded stock or securities of any company whose stock or securities are
traded on a national exchange.

     2.     Term:  Executive's employment under this Agreement shall be for an
            ----
initial term commencing on the date hereof and expiring on February 26, 2006,
unless sooner terminated in accordance with the provisions of Paragraph 5 below.
Upon the expiration of the initial term, this Agreement shall be automatically
renewed for successive three year terms, unless sooner terminated in accordance
with Paragraph 5 below. If this contract is terminated for cause, Executive
agrees to resign as an officer and director of both the Company and the Bank.

     3.     Salary and Benefits:  As compensation for Executive's services to
            -------------------
the Employer during the term of this Agreement, the Employer shall pay the
compensation and provide the benefits to Executive described below:

     3.1     One-Time Cash Payment. The Employer shall pay or effect payment to
             ---------------------
Executive of a one-time cash payment in the amount of $434,000 payable upon
execution of this Agreement.

<PAGE>
     3.2     Annual Salary:  The Employer shall pay Executive a salary at a rate
             -------------
of not less than $220,000 per annum in accordance with the salary and payment
practices of the Employer, which shall increase by a minimum of 3% annually on
February 1 each year. The Board of Directors shall review Executive's salary at
least annually and may award additional increases in Executive's base salary if
it determines in its sole discretion that an increase is appropriate.

     (a)  Bonus:
          -----

          (i)     The Employer shall pay Executive a guaranteed cash bonus of
$10,000 per quarter regardless of corporate or individual performance.

          (ii)     Executive shall be eligible to receive performance cash
bonuses ("Performance Bonuses") pursuant to bonus plans provided by the Employer
from time to time for its chief executive officer, chairman of the board, chief
financial officer, executive vice presidents, and vice chairmen ("Senior
Management").  Performance Bonuses shall be based on the achievement of
corporate and individual goals and criteria mutually agreed upon by Executive
and the Employer. These goals and criteria may include both annual and long-term
goals, may provide for vesting over a specified time period, and shall be
established annually. Performance Cash Bonuses awarded hereunder shall be
targeted at 50% of Executive's Annual Salary; provided, however, those such
bonuses may exceed such amount based on the profitability of the Employer.

     (b)  Deferred Compensation:  The  Employer  shall  be  entitled to
          ---------------------
participate in all retirement and deferred compensation plans, such as the
401(k) and the executive supplemental retirement plan, available to Senior
Management.

     3.3     Vacation and Other Benefits:  Executive shall be entitled to (a)
             ---------------------------
paid vacation during each year of employment by the Employer in accordance with
the policies of the Employer in effect from time to time of not less than 4
weeks; (b) a reasonable car allowance package of no less than $750 per month; or
use of the Employer owned vehicle; (c) reimbursement of life insurance premiums
for existing policies now in force, not to exceed $8,000 per year; (d) full
family medical coverage as approved by the Board and, in addition, payment for
medical reimbursement plan with an annual cap of $7,500; (e) long term
disability insurance with a COLA equal to or greater than 60% of annual salary;
and (f) participation in all other employee benefits and bonus plans provided by
the Employer from time to time for its executive officers.

     3.4     Stock Options:
             -------------

     (a)     Upon execution of this Agreement, all of Executive's options
outstanding on the date hereof shall be immediately exercisable. The Company
confirms that Executive holds options for 35,000 shares of the Company's common
stock.

     (b)     Pursuant to a stock option agreement executed as of the date of
this Agreement, the Company shall grant to Executive options for 37,500 shares
of the Company's common stock equal to 5% of the total number of shares reserved
for issuance under the Sweetwater Financial Group, Inc. 2002 Stock Incentive
Plan (the "Plan") as of the date of the closing of the offering.

     (c)     In addition, Executive will receive, pursuant to the Plan, options
for 5,000 shares each year on the anniversary date of his initial employment
with the Company, which was February 6, 2001.

     3.5     Additional Benefits:
             -------------------

     (a)     All reasonable ordinary and necessary expenses actually incurred
by Executive for his continuing professional education, customer entertainment,
office supplies, or other expenses of the Employer shall be promptly reimbursed
to him, which includes all phones and pagers pursuant to a Board of Directors
pre-approved annual budget.

     (b)     The Employer shall provide through bond or insurance general
liability coverage for Executive in an amount not less than one million dollars
per claim. Such coverage shall at least cover the motor vehicle provided to
Executive and claims against Executive as an Employer officer, and individually
for those acts by Executive which are within the scope of his employment. Such
coverage shall include all cost and legal expenses in connection with such
claims.

<PAGE>
     (c)     The Employer shall provide Executive with coverage under any plan
of disability insurance or benefits established by the Employer to at least the
same extent such coverage is provided to other employees. In addition, the
Employer will reimburse Executive for supplemental disability insurance
premiums, such reimbursement not to exceed $1,500 per year.

      (d)    Executive will receive director's fees equal to the minimum of the
fees paid to directors of the Company.

     4.     Expenses:
            --------

     (a)     If the Board of Directors directs the Executive to relocate
personal residence with reasonable notice to the Executive, the Employer shall
provide an allowance to Executive up to an aggregate of $15,000 for moving
expenses upon receipt of documentation of such expenses.

     (b)     The Employer shall pay all reasonable expenses incurred with the
Board's prior approval by Executive in the performance of his responsibilities
and duties for the Employer, including without limitation the Executive's
initiation fees and dues payable to country clubs, a health club, and civic and
professional organizations which the Executive actively participates and the
expenses associated with the use and maintaining of a cellular phone. Executive
shall submit to the Employer periodic statements of all expenses so incurred.
Subject to such audits as the Employer may deem reasonably necessary, the
Employer shall, promptly in the ordinary course of business, reimburse the
Executive for the full amount of any such expenses advanced by the Executive.

     5.     Termination:  Executive's employment under this Agreement may be
            -----------
terminated at any time (i) by the Employer for Cause, as defined herein; (ii) by
the Employer upon Executive's death; (iii) by the Employer upon the Executive's
Disability, as defined herein; or (iv) by either party after the initial term of
the Agreement, upon 90 days written notice of termination or non-renewal of this
Agreement, with or without Cause. Such notice period must be prior to expiration
of the term of this Agreement. If Executive's employment is terminated under
this Paragraph for Cause, the Employer shall have no further liability to
Executive whatsoever for compensation or benefits other than those that have
accrued prior to such termination. "Cause" as used herein shall mean:

     (i)     any act that (A) constitutes, on the part of the Executive, fraud,
dishonesty, gross malfeasance of duty, or conduct grossly inappropriate to the
Executive's office, and (B) is demonstrably likely to lead to material injury to
the Employer or resulted or was intended to result in direct or indirect gain to
or personal enrichment of the Executive; or

     (ii)     the conviction (from which no appeal may be or is timely taken) of
the Executive of a felony;

provided, however, that in the case of clause (i) above, such conduct shall not
constitute Cause:

     (iii)     unless (A) there shall have been delivered to the Executive a
written notice setting forth with specificity the reasons that the Board
believes the Executive's conduct constitutes the criteria set forth in clause
(i), (B) the Executive shall have been provided the opportunity to be heard in
person by the Board (with the assistance of the Executive's counsel if the
Executive so desires), and (C) after such hearing, the termination is evidenced
by a resolution adopted in good faith by at least a majority of the members of
the whole Board (other than the Executive); or

     (iv)     if such conduct (A) was believed by the Executive in good faith to
have been in or not opposed to the interests of the Employer, and (B) was not
intended to and did not result in the direct or indirect gain to or personal
enrichment of the Executive.

"Disability" as used herein shall mean Executive's inability to perform the
essential functions of his job, with or without reasonable accommodation, due to
a physical or mental impairment for a period of six consecutive months.

     6.     Termination Without Cause:  In the event (i) Executive resigns at
            -------------------------
the Employer's request without Cause; (ii) Executive's employment is terminated
by the Employer without Cause, or (iii) Executive resigns because of the
Employer's breach or violation of any of the terms of this Agreement and/or
because of the Employer's failure or refusal to take or perform any action or
obligation to be taken or performed by it hereunder, then as damages payable as
a result of, and arising from, a breach of this Agreement, the Employer shall
continue to pay Executive the compensation and benefits specified in Paragraph
3.2, 3.3 and 3.4 at the rate which is in effect on the effective date of
Executive's termination of employment for two years from such termination date.
Such compensation shall be paid in equal monthly installments or as the Employer

<PAGE>
and Executive may otherwise mutually agree upon.  After the initial contract
period termination pay will drop from two years to one year. In the event that
the provisions of this Paragraph 6 come into effect and the Executive dies, then
the compensation and benefits payable under this Paragraph shall be paid to the
Executive's estate.

     7.     Change in Control:  If Executive is terminated within two years of a
            -----------------
"Change in Control" as a result of either "Voluntary Termination" or
"Involuntary Termination," as defined below, the Employer shall continue to pay
Executive the compensation and benefits specified in Paragraph 3.2, 3.3, and 3.4
at the rate which is in effect on the date of the Change in Control for two
years from such Change in Control (the "Payment Period") less any required tax
withholdings.  In no event, however, shall the compensation under this Paragraph
7 exceed the allowable "parachute payment" described in Internal Revenue Code
Sec. 280G or such other code section governing the deductibility by the Employer
of compensation payable to Executive as a result of a change of control event.
In the event that the provisions of this Paragraph 7 come into effect and the
Executive dies, then the compensation and benefits payable under this Paragraph
shall be paid to the Executive's estate.

For purposes of this Paragraph 7, the following terms have the meanings stated:

     (a)     "Change in Control" shall mean the occurrence during the Term of
     ------------------------------------------------------------------------
any of the following events, unless such event is a result of a Non-Control
---------------------------------------------------------------------------
Transaction:
------------
             (1)     The individuals who, upon closing of the Offering and
             -------------------------------------------------------------
implementation of the revised business plan, are members of the Board of
------------------------------------------------------------------------
Directors of the Company (the "Incumbent Board") cease for any reason to
------------------------------------------------------------------------
constitute at least a majority of the Board of Directors of the Company;
------------------------------------------------------------------------
provided, however, that if the election, or nomination for election by the
--------------------------------------------------------------------------
Company's shareholders, of any new director was approved in advance by a vote of
--------------------------------------------------------------------------------
at least a majority of the Incumbent Board, such new director shall, for
------------------------------------------------------------------------
purposes of this Agreement, be considered as a member of the Incumbent Board.
-----------------------------------------------------------------------------

             (2)     An acquisition (other than directly from the Company) of
             ----------------------------------------------------------------
any voting securities of the Company (the "Voting Securities") by any "Person"
------------------------------------------------------------------------------
(as the term "person" is used for purposes of Section 13(d) or 14(d) of the
---------------------------------------------------------------------------
Securities Exchange Act of 1934) immediately after which such Person has
------------------------------------------------------------------------
"Beneficial Ownership" (within the meaning of Rule 13d-3 promulgated under the
------------------------------------------------------------------------------
Exchange Act) of 50% or more of the combined voting power of the Company's then
-------------------------------------------------------------------------------
outstanding Voting Securities.
------------------------------

             (3)     The filing of a change in control application with the
Employer's regulators.

     (b)     "Non-Control Transaction" shall mean a transaction described below:
     ---------------------------------------------------------------------------

              (i)   the shareholders of the Company, immediately before such
                    merger, consolidation or reorganization, own, directly or
                    indirectly, immediately following such merger, consolidation
                    or reorganization, at least 50% of the combined voting power
                    of the outstanding voting securities of the corporation
                    resulting from such merger, consolidation or reorganization
                    (the "Surviving Corporation") in substantially the same
                    proportion as their ownership of the Voting Securities
                    immediately before such merger, consolidation or
                    reorganization; and

              (ii)  immediately following such merger, consolidation or
                    reorganization, the number of directors on the board of
                    directors of the Surviving Corporation who were members of
                    the Incumbent Board shall at least equal the number of
                    directors who were affiliated with or appointed by the other
                    party to the merger, consolidation or reorganization.

     (a)     "Involuntary Termination" means the termination of employment that
is involuntary on the part of Executive and occurs for reasons other than for
Cause, Disability, voluntary retirement or death.

     (b)     "Voluntary Termination" means the termination of employment that is
voluntary on the part of Executive and, in the judgment of Executive, is due to
(i) a reduction of his responsibilities resulting from a change in title and/or
the assignment to him of any duties inconsistent with his positions, duties or
responsibilities as in effect immediately prior to the Change in Control,
including removal from the Board of Directors of the Company or Bank, or (ii) a
reduction in his compensation or benefits.  A termination shall not be
considered "Voluntary" within the meaning of this Agreement if such termination
is a result of Cause, Disability, voluntary retirement or death.

     8.     Covenant Against Post-Termination Competition:  Executive agrees
            ---------------------------------------------
that for a period of one year after the expiration or termination of this
Agreement he shall not individually or on behalf of any Person other than the
Employer:

     (a)     control, manage or otherwise participate in the ownership,
control, or management of a business engaged in the Employer's Business within
Cobb, Douglass, and Paulding Counties, Georgia;

<PAGE>
     (b)     solicit any Customers for the purpose of selling to them products
or services competitive with the products or services sold by the Employer at
the time of such termination or expiration; control manage or otherwise

     (c)     solicit or induce, or in any manner attempt to solicit or induce,
any person employed by the Employer to leave such employment, whether or not
such employment is pursuant to a written contract with the Employer or is at
will. Nothing contained in this Paragraph 8 shall be construed to prohibit
Executive from owning either of record or beneficially not more than 25% of the
shares or other equity interests of any Person, other than the Company, that
provides products or services competitive with the products or services sold by
the Employer. "Customers" as used herein mean all Persons that Executive
serviced on behalf of the Employer during the one-year period immediately prior
to any termination or expiration of Executive's employment with the Employer.
"Person" means any individual, corporation, limited liability company, bank,
partnership, joint venture, association, joint-stock company, trust,
unincorporated organization, or other entity.

     9.     Confidential Information:  Executive agrees that he will not, except
            ------------------------
with the prior written approval of the Employer, disclose Confidential
Information to any person or firm other than the Employer, or use Confidential
Information for personal financial gain within one year of the expiration or
termination of this Agreement for whatever cause, except that these restrictions
shall not apply to information that shall become generally known through no
fault of Executive, information that is disclosed to Executive by a third party
that has legitimate and unrestricted possession thereof and the unrestricted
right to make such disclosure, information that Executive can demonstrate was
within his legitimate and unrestricted possession prior to the time of his
employment by the Employer or its predecessor or other information not rising to
the level of a trade secret after one year from expiration or termination of
this Agreement.  "Confidential Information" means all business records, trade
secrets, know-how concerning marketing, customer lists or compilations,
financial information, personnel data, information contained in any documents
prepared by or for the Employer and its employees at the Employer's expense or
on the Employer's time or otherwise in furtherance of the Employer's business,
and made available only to the Employer and its authorized agents as may be
necessary to further the Employer's business, and other confidential information
used and/or obtained by Executive in the course of his employment hereunder, are
and shall remain the confidential and exclusive property of the Employer.
Executive further agrees to return to the Employer all of the above business
records and any and all copies of the same in his control upon termination of
employment with the Employer for any reason whatsoever.

     10.     Miscellaneous Provisions:
             ------------------------

     (a)     Any and all notices or any other communication provided for herein
shall be given in writing personally or by registered or certified mail, return
receipt requested, with proper postage prepaid, addressed in the case of the
Employer to its then principal office, and in the case of Executive or his
designated recipient(s) or other person, to the business or residence address of
such person last known to the Employer, or at such other address as any of such
parties may for itself or himself designate in writing from time to time for the
purpose of receiving notices pursuant hereto (if mailed, the date of mailing
shall constitute the date such notice or other communication is given).

     (b)     No party hereto will be deemed to have waived any right, power or
privilege under this Agreement or any provision hereof unless such waiver shall
have been duly executed in writing and acknowledged by the party to be charged
with such waiver. The failure of either party hereto at any time to enforce any
of the provisions of this Agreement will in no way affect the validity of this
Agreement or any party hereto, or the right of any party to thereafter enforce
each and every such provision. No waiver of any breach of this Agreement will be
held to be a waiver of any other or subsequent breach.

     (c)     This Agreement sets forth the entire agreement and understanding
between the parties as to the subject matter of this Agreement and merges and
shall supersede all prior agreements, commitments, representations, writings and
discussions between them concerning such matters, including the Employment
Agreement between Executive and the Company dated February 27, 2001; provided,
                                                                     --------
however, that the Salary Continuation Agreement between Executive and the
-------
Company shall remain in full force and effect. This Agreement shall not be
subject to change, alteration or modification, other than by an instrument in
writing duly executed by the parties hereto.

     (d)     This Agreement may be executed in any number of counterparts, each
of which shall be deemed to be an original, but all such counterparts shall
together constitute but one and the same instrument. Captions and paragraph
headings used herein are for convenience only and are not a part of this
Agreement and shall not be used in construing it.

     (e)     This Agreement may not be assigned or transferred by Executive, in
whole or in part, without the prior written consent of the Employer, and any
assignment in violation of this paragraph shall be void. The Employer shall have

<PAGE>
the right to assign this Agreement and any of its rights hereunder only to an
affiliate of the Employer or as part of a sale or transfer of the stock, assets
or business of the Employer or any substantial portion thereof.

     (f)     If the Employer shall at any time be liquidated, merged or
consolidated into or with any other corporation or other entity, or in the event
substantially all of its assets shall be sold or otherwise transferred to
another corporation or other entity, the provisions of this Agreement shall
inure to the benefit of and be binding upon the corporation or other entity into
which the Employer shall be liquidated or resulting from such merger or
consolidation, or to which such assets shall be sold or transferred.

     (g)     This Agreement shall be construed in accordance with and governed
in all respects by the laws of the State of Georgia. Its provisions are
severable, and the invalidity or unenforceability of one or more of the
provisions herein shall not have any effect upon the validity or enforceability
of any other provision. No modifications of this agreement shall be binding
unless in writing and signed by all the parties. This Agreement is deemed to
have been executed in Cobb County, Georgia; any action brought by a party to
this Agreement shall be brought in a Court of competent jurisdiction in the
State of Georgia.

<PAGE>
     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed under seal the day and year first above written.

SWEETWATER FINANCIAL GROUP, INC.          EXECUTIVE

By: /s/ Gordon R. Teel                    By:  /s/ Kenneth L. Barber
    ------------------                       --------------------------
                                               Kenneth L. Barber
Title:  Chief Executive Officer
        -----------------------

GEORGIAN BANK

By: /s/ Gordon R. Teel
   -------------------------------

Title: Chief Executive Officer
      ----------------------------

Signed, sealed and delivered in the presence of

/s/ Pamela J. Hubby
-------------------
Unofficial Witness

/s/ Dorothy Young
-----------------
Notary Public

My Commission Expires:

<PAGE>

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