Document:

DRAFT
                                                                      9/30/ 2003

                          FLINT RIVER BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

<PAGE>
<TABLE>
<CAPTION>
                                TABLE OF CONTENTS

                                                                            PAGE
                                                                            ----
<S>                                                                         <C>

SECTION 1  DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . .     1

     1.1     Definitions . . . . . . . . . . . . . . . . . . . . . . . . .     1

SECTION 2  THE STOCK INCENTIVE PLAN. . . . . . . . . . . . . . . . . . . .     4

     2.1     Purpose of the Plan . . . . . . . . . . . . . . . . . . . . .     4

     2.2     Stock Subject to the Plan . . . . . . . . . . . . . . . . . .     5
     2.3     Administration of the Plan. . . . . . . . . . . . . . . . . .     5
     2.4     Eligibility and Limits. . . . . . . . . . . . . . . . . . . .     5

SECTION 3  TERMS OF STOCK INCENTIVES . . . . . . . . . . . . . . . . . . .     6

     3.1     General Terms and Conditions. . . . . . . . . . . . . . . . .     6
     3.2     Terms and Conditions of Options.. . . . . . . . . . . . . . .     7
          (a)     Option Price . . . . . . . . . . . . . . . . . . . . . .     7
          (b)     Option Term  . . . . . . . . . . . . . . . . . . . . . .     7
          (c)     Payment. . . . . . . . . . . . . . . . . . . . . . . . .     8
          (d)     Conditions to the Exercise of an Option. . . . . . . . .     8
          (e)     Termination of Incentive Stock Option Status . . . . . .     8
          (f)     Special Provisions for Certain Substitute Options. . . .     8
     3.3     Treatment of Awards Upon Termination of Service . . . . . . .     9

SECTION 4  RESTRICTIONS ON STOCK . . . . . . . . . . . . . . . . . . . . .     9

     4.1     Escrow of Shares. . . . . . . . . . . . . . . . . . . . . . .     9
     4.2     Restrictions on Transfer. . . . . . . . . . . . . . . . . . .     9

SECTION 5  GENERAL PROVISIONS. . . . . . . . . . . . . . . . . . . . . . .     9

     5.1     Withholding.. . . . . . . . . . . . . . . . . . . . . . . . .     9
     5.2     Changes in Capitalization; Merger; Liquidation. . . . . . . .    10
     5.3     Cash Awards . . . . . . . . . . . . . . . . . . . . . . . . .    11
     5.4     Compliance with Code. . . . . . . . . . . . . . . . . . . . .    11
     5.5     Right to Terminate Service. . . . . . . . . . . . . . . . . .    11
     5.6     Restrictions on Delivery and Sale of Shares; Legends. . . . .    11
     5.7     Non-Alienation of Benefits. . . . . . . . . . . . . . . . . .    12
     5.8     Termination and Amendment of the Plan.. . . . . . . . . . . .    12
     5.9     Stockholder Approval. . . . . . . . . . . . . . . . . . . . .    12
     5.10    Choice of Law . . . . . . . . . . . . . . . . . . . . . . . .    12
     5.11    Effective Date of the Plan  . . . . . . . . . . . . . . . . .    12
</TABLE>

<PAGE>
                          FLINT RIVER BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

                             SECTION 1  DEFINITIONS

     1.1     Definitions.  Whenever  used herein, the masculine pronoun shall be
             -----------
deemed  to  include the feminine, and the singular to include the plural, unless
the context clearly indicates otherwise, and the following capitalized words and
phrases  are  used  herein  with  the  meaning  thereafter  ascribed:

          (a)     "Affiliate"  means
                   ---------

               (1)     any  Subsidiary  or  Parent;

               (2)     an  entity  that  directly  or  through  one  or  more
          intermediaries  controls, is controlled by, or is under common control
          with  the  Company,  as  determined  by  the  Company;  or

               (3)     any  entity  in  which the Company has such a significant
          interest  that  the  Company  determines  it  should  be  deemed  an
          "Affiliate,"  as  determined  in  the  sole discretion of the Company.

          (b)     "Bank"  means  the  Flint  River  National Bank (Proposed).
                   ----

          (c)     "Board  of  Directors"  means  the  board  of directors of the
                   --------------------
     Company.

          (d)     "Cause"  has  the  same  meaning as provided in the employment
                   -----
     agreement  between  the  Participant and the Company or Affiliate(s) on the
     date  of  Termination  of  Service,  or if no such definition or employment
     agreement  exists,  "Cause"  means  conduct  amounting  to  (1)  fraud  or
     dishonesty  against  the Company or Affiliate(s); (2) Participant's willful
     misconduct,  repeated  refusal  to  follow the reasonable directions of the
     Board of Directors or knowing violation of law in the course of performance
     of  the  duties  of Participant's service with the Company or Affiliate(s);
     (3)  repeated  absences from work without a reasonable excuse; (4) repeated
     intoxication  with alcohol or drugs while on the Company's or Affiliate(s)'
     premises  during regular business hours; (5) a conviction or plea of guilty
     or  nolo  contendere  to a felony or a crime involving dishonesty; or (6) a
     breach  or violation of the terms of any agreement to which Participant and
     the  Company  or  Affiliate(s)  are  party.

          (e)     "Change  in  Control"  has the same meaning as provided in the
                   -------------------
     employment  agreement  between  the  Participant  and  the  Company  or
     Affiliate(s),  or  if  no  such  definition or employment agreement exists,
     "Change  in  Control  shall  mean any one of the following events which may
     occur  after  the  date  the  Stock  Incentive  is  granted:

               (1)     the  acquisition  by  any  individual, entity or "group,"
          within  the  meaning  of  Section  13(d)(3) or Section 14(d)(2) of the
          Securities  Exchange  Act  of  1934,  as  amended,  (a  "Person")  of
          beneficial  ownership  (within  the  meaning  of

<PAGE>
          Rule  13-d-3 promulgated under the Securities Exchange Act of 1934) of
          voting  securities  of  the Company or the Bank where such acquisition
          causes  any  such  Person  to  own thirty percent (30%) or more of the
          combined  voting  power  of  the  then  outstanding  voting securities
          entitled  to  vote  generally  in  the  election  of  directors;

               (2)     within  any  twelve-month  period,  the  persons who were
          directors  of the Company or the Bank immediately before the beginning
          of such twelve-month period (the "Incumbent Directors") shall cease to
          constitute  at  least  a  majority  of  the  Board of Directors of the
          Company or the Bank; provided that any director who was not a director
          as  of the beginning of such twelve-month period shall be deemed to be
          an  Incumbent  Director  if that director were elected to the Board of
          Directors  of  the Company or the Bank by, or on the recommendation of
          or with the approval of, at least two-thirds of the directors who then
          qualified  as  Incumbent  Directors;  and  provided  further  that  no
          director  whose  initial assumption of office is in connection with an
          actual  or  threatened  election  contest  relating to the election of
          directors  shall  be  deemed  to  be  an  Incumbent  Director;

               (3)     a  reorganization,  merger or consolidation, with respect
          to  which persons who were the stockholders of the Company or the Bank
          immediately  prior  to such reorganization, merger or consolidation do
          not,  immediately thereafter, own more than fifty percent (50%) of the
          combined voting power entitled to vote in the election of directors of
          the  reorganized,  merged  or  consolidated company's then outstanding
          voting  securities;  or

               (4)     the  sale, transfer or assignment of all or substantially
          all  of  the  assets  of  the  Company or the Bank to any third party.

          (f)     "Code"  means  the  Internal Revenue Code of 1986, as amended.
                   ----

          (g)     "Committee"  means  the  committee  appointed  by the Board of
                   ---------
     Directors  to  administer  the  Plan  pursuant  to Plan Section 2.3. If the
     Committee  has  not  been appointed, the Board of Directors in its entirety
     shall  constitute  the  Committee.

          (h)     "Company"  means  Flint  River  Bancshares,  Inc.
                   -------

          (i)     "Disability" has the same meaning as provided in the long-term
                   ----------
     disability  plan  or  policy  maintained  or,  if applicable, most recently
     maintained,  by  the  Company  or  an  Affiliate for the Participant. If no
     long-term  disability  plan  or policy was ever maintained on behalf of the
     Participant  or, if the determination of Disability relates to an Incentive
     Stock  Option,  Disability  shall  mean  that  condition  described in Code
     Section  22(e)(3), as amended from time to time. In the event of a dispute,
     the determination of Disability shall be made by the Board of Directors and
     shall  be supported by advice of a physician competent in the area to which
     such  Disability  relates.

                                        2
<PAGE>
          (j)     "Disposition"  means  any  conveyance,  sale,  transfer,
                   -----------
     assignment, pledge or hypothecation, whether outright or as security, inter
     vivos  or  testamentary,  with  or  without  consideration,  voluntary  or
     involuntary.

          (k)     "Exchange  Act"  means the Securities Exchange Act of 1934, as
                   -------------
amended.

          (l)     "Fair  Market  Value"  with  regard  to  a  date  means:
                   -------------------

               (1)     the  price  at  which  Stock shall have been sold on that
          date  or  the  last trading date prior to that date as reported by the
          national  securities  exchange  selected by the Committee on which the
          shares  of  Stock  are  then  actively  traded  or,  if applicable, as
          reported  by  the  NASDAQ  Stock  Market;

               (2)     if  such market information is not published on a regular
          basis,  the price of Stock in the over-the-counter market on that date
          or  the last business day prior to that date as reported by the NASDAQ
          Stock Market or, if not so reported, by a generally accepted reporting
          service;  or

               (3)     if  Stock  is  not publicly traded, as determined in good
          faith  by  the Committee with due consideration being given to (i) the
          most recent independent appraisal of the Company, if such appraisal is
          not  more  than  twelve  months old and (ii) the valuation methodology
          used  in  any  such  appraisal.

     For  purposes  of  Paragraphs  (1) and (2) above, the Committee may use the
     closing  price as of the applicable date or the average of the high and low
     prices  as of the applicable date. For purposes of Paragraph (3) above, the
     Board  of Directors may use the price averaged over a period certain ending
     on  such  date,  the  price  determined  at  the  time  the  transaction is
     processed,  the tender offer price for shares of Stock, or any other method
     which  the Committee determines is reasonably indicative of the fair market
     value.

          (m)     "Incentive  Stock  Option" means an incentive stock option, as
                   ------------------------
     defined in Code Section 422, described in Plan Section 3.2.

          (n)     "Nonqualified  Stock  Option" means a stock option, other than
                   ---------------------------
     an  option  qualifying  as  an  Incentive  Stock  Option, described in Plan
     Section  3.2.

          (o)     "Option"  means  a  Nonqualified  Stock Option or an Incentive
                   ------
     Stock Option.

          (p)     "Over  10%  Owner"  means  an  individual  who  at the time an
                   ----------------
     Incentive  Stock  Option  is  granted  owns  Stock possessing more than ten
     percent  (10%)  of the total combined voting power of the Company or one of
     its  Parents  or Subsidiaries, determined by applying the attribution rules
     of  Code  Section  424(d).

          (q)     "Parent"  means any corporation (other than the Company) in an
                   ------
     unbroken  chain of corporations ending with the Company if, with respect to
     Incentive  Stock  Options,  at  the time of granting of the Incentive Stock
     Option,  each  of  the  corporations

                                        3
<PAGE>
     other than the Company owns stock possessing fifty percent (50%) or more of
     the total combined voting power of all classes of stock in one of the other
     corporations  in  the  chain.

          (r)     "Participant"  means  an  individual  who  receives  a  Stock
                   -----------
     Incentive  hereunder.

          (s)     "Plan"  means  the  Flint  River  Bancshares,  Inc. 2003 Stock
                   ----
     Incentive  Plan.

          (t)     "Stock"  means  the  Company's  no  par  value  common  stock.
                   -----

          (u)     "Stock  Incentive  Agreement"  means  an agreement between the
                   ---------------------------
     Company  and  a Participant or other documentation evidencing an award of a
     Stock  Incentive.

          (v)     "Stock  Incentives"  means,  collectively,  Incentive  Stock
                   -----------------
     Options and Nonqualified Stock Options.

          (w)     "Subsidiary" means any corporation (other than the Company) in
                   ----------
     an  unbroken  chain  of  corporations  beginning  with the Company if, with
     respect  to  Incentive  Stock  Options,  at the time of the granting of the
     Incentive  Stock  Option,  each  of  the  corporations  other than the last
     corporation in the unbroken chain owns stock possessing fifty percent (50%)
     or  more  of the total combined voting power of all classes of stock in one
     of  the  other  corporations in the chain. A "Subsidiary" shall include any
     entity  other  than  a  corporation to the extent permissible under Section
     424(f)  or  regulations  or  rulings  thereunder.

          (x)     "Termination  of Service" means the termination of the service
                   -----------------------
     relationship,  whether  employment  or otherwise, between a Participant and
     the  Company  and  any Affiliates, regardless of the fact that severance or
     similar payments are made to the Participant for any reason, including, but
     not  by  way of limitation, a termination by resignation, discharge, death,
     Disability  or retirement. The Committee shall, in its absolute discretion,
     determine the effect of all matters and questions relating to a Termination
     of  Service,  including,  but  not  by  way  of limitation, the question of
     whether a leave of absence constitutes a Termination of Service, or whether
     a  Termination  of  Service  is  for  Cause.

                       SECTION 2  THE STOCK INCENTIVE PLAN

     2.1     Purpose  of  the  Plan.   The  Plan  is  intended  to  (a)  provide
             ----------------------
incentives  to  officers,  employees  and  directors  of  the  Company  and  its
Affiliates  to  stimulate  their  efforts  toward  the  continued success of the
Company and to operate and manage the business in a manner that will provide for
the  long-term  growth  and  profitability  of  the Company; (b) encourage stock
ownership by officers, employees and directors by providing them with a means to
acquire  a proprietary interest in the Company by acquiring shares of Stock; and
(c) provide a means of obtaining and rewarding key personnel.

                                        4
<PAGE>
     2.2     Stock  Subject  to  the  Plan.  Subject to adjustment in accordance
             -----------------------------
with  Section 5.2, 50,000 shares of Stock (the "Maximum Plan Shares") are hereby
reserved  exclusively  for  issuance  upon exercise or payment pursuant to Stock
Incentives.  At  such  times  as  the  Company  is  subject to Section 16 of the
Exchange  Act,  at  no  time shall the Company have outstanding Stock Incentives
subject  to Section 16 of the Exchange Act and shares of Stock issued in respect
of  Stock  Incentives in excess of the Maximum Plan Shares.  The shares of Stock
attributable  to  the  nonvested,  unpaid, unexercised, unconverted or otherwise
unsettled  portion  of  any  Stock  Incentive  that is forfeited or cancelled or
expires  or  terminates for any reason without becoming vested, paid, exercised,
converted  or  otherwise settled in full will again be available for purposes of
the  Plan.

     2.3     Administration  of the Plan.  The Plan shall be administered by the
             ---------------------------
Committee.   The Committee shall consist of at least two members of the Board of
Directors.  During  those  periods that the Company is subject to the provisions
of Section 16 of the Exchange Act, the Board of Directors shall consider whether
each  Committee  member  should  qualify  as an "outside director" as defined in
Treasury  Regulations Section 1.162-27(e) as promulgated by the Internal Revenue
Service  and  a  "non-employee  director"  as  defined  in  Rule 16b(3)(b)(3) as
promulgated  under the Exchange Act.  The Committee shall have full authority in
its discretion to determine the officers, employees and directors of the Company
or  its  Affiliates  to whom Stock Incentives shall be granted and the terms and
provisions  of  Stock Incentives subject to the Plan.  Subject to the provisions
of the Plan, the Committee shall have full and conclusive authority to interpret
the  Plan; to prescribe, amend and rescind rules and regulations relating to the
Plan;  to  determine  the terms and provisions of the respective Stock Incentive
Agreements  and  to make all other determinations necessary or advisable for the
proper  administration  of  the  Plan.  The Committee's determinations under the
Plan  need  not  be  uniform and may be made by it selectively among persons who
receive,  or are eligible to receive, awards under the Plan (whether or not such
persons  are  similarly situated).  The Committee's decisions shall be final and
binding  on  all  Participants.  Each member of the Committee shall serve at the
discretion of the Board of Directors and the Board of Directors may from time to
time  remove  members  from  or  add members to the Committee.  Vacancies on the
Committee  shall  be  filled  by  the  Board  of  Directors.

     The  Committee  shall  select one of its members as chairman and shall hold
meetings at the times and in the places as it may deem advisable.  Acts approved
by  a  majority  of  the Committee in a meeting at which a quorum is present, or
acts  reduced  to  or  approved  in  writing by a majority of the members of the
Committee,  shall  be  the  valid  acts  of  the  Committee.

     2.4     Eligibility  and  Limits.  Stock  Incentives may be granted only to
             ------------------------
officers,  employees  and  directors  of the Company or any Affiliate; provided,
however,  that  an  Incentive Stock Option may only be granted to an employee of
the  Company  or  any  Subsidiary.  In  the case of Incentive Stock Options, the
aggregate Fair Market Value (determined as of the date an Incentive Stock Option
is  granted)  of  stock with respect to which stock options intended to meet the
requirements  of  Code  Section  422 become exercisable for the first time by an
individual  during  any  calendar  year  under  all plans of the Company and its
Parents  and  Subsidiaries  shall not exceed $100,000; provided further, that if
the  limitation  is  exceeded,  the  Incentive  Stock  Option(s) which cause the
limitation  to  be  exceeded  shall  be treated as Nonqualified Stock Option(s).
During  such  periods  as  required  by  Code Section 162(m) of the Code and the

                                        5
<PAGE>
regulations  thereunder  for  compensation  to  be  treated  as  qualified
performance-based  compensation,  the  maximum  number  of  shares of Stock with
respect  to which Options may be granted during any calendar year to an employee
may  not  exceed [25,000], subject to adjustment in accordance with Section 5.2.
If,  after  grant,  the  exercise price of an Option is reduced, the transaction
shall  be  treated  as  the  cancellation  of  the Option and the grant of a new
Option.  If  an  Option  is deemed to be cancelled as described in the preceding
sentence,  the  Option  that  is  deemed  to be cancelled and the Option that is
deemed  to  be granted shall both be counted against the Maximum Plan Shares and
the  maximum  number  of  shares for which Options may be granted to an employee
during  any  calendar  year.

                      SECTION 3 TERMS OF STOCK INCENTIVES

     3.1     General  Terms  and  Conditions.
             -------------------------------

          (a)     The  number  of  shares of Stock as to which a Stock Incentive
     shall  be  granted  shall  be  determined  by  the  Committee  in  its sole
     discretion,  subject  to  the  provisions  of  Section 2.2, as to the total
     number  of shares available for grants under the Plan. If a Stock Incentive
     Agreement  so  provides,  a  Participant  may  be  granted  a new Option to
     purchase  a  number  of  shares  of Stock equal to the number of previously
     owned shares of Stock tendered in payment of the Exercise Price (as defined
     below) for each share of Stock purchased pursuant to the terms of the Stock
     Incentive  Agreement.

          (b)     Each  Stock  Incentive shall be evidenced by a Stock Incentive
     Agreement  in  such  form  and  containing  such  terms,  conditions  and
     restrictions  as  the  Committee  may  determine is appropriate. Each Stock
     Incentive  Agreement  shall  be  subject  to  the terms of the Plan and any
     provision in a Stock Incentive Agreement that is inconsistent with the Plan
     shall  be  null  and  void.

          (c)     The  date  a  Stock  Incentive is granted shall be the date on
     which  the  Committee  has  approved  the terms of, and satisfaction of any
     conditions  applicable  to,  the  grant  of  the  Stock  Incentive  and has
     determined  the  recipient  of the Stock Incentive and the number of shares
     covered  by  the  Stock  Incentive  and  has  taken  all  such other action
     necessary  to  complete  the  grant  of  the  Stock  Incentive.

          (d)     The Committee may provide in any Stock Incentive Agreement (or
     subsequent to the award of a Stock Incentive but prior to its expiration or
     cancellation,  as  the  case  may  be)  that,  in  the event of a Change in
     Control, the Stock Incentive shall or may be cashed out on the basis of any
     price  not  greater than the highest price paid for a share of Stock in any
     transaction  reported  by any market or system selected by the Committee on
     which  the  shares  of  Stock  are  then actively traded during a specified
     period immediately preceding or including the date of the Change in Control
     or  offered  for  a  share  of Stock in any tender offer occurring during a
     specified  period  immediately  preceding  or including the date the tender
     offer  commences; provided that, in no case shall any such specified period
     exceed  three  (3)  months (the "Change in Control Price"). For purposes of
     this Subsection, any Option shall be cashed out on the basis of the excess,
     if  any,  of  the  Change  in  Control Price over the Exercise Price to the
     extent  the  Option is then exercisable in accordance with the terms of the
     Option  and  the  Plan.

                                        6
<PAGE>
          (e)     Any  Stock  Incentive may be granted in connection with all or
     any  portion  of a previously or contemporaneously granted Stock Incentive.
     Exercise or vesting of a Stock Incentive granted in connection with another
     Stock  Incentive  may result in a pro rata surrender or cancellation of any
     related  Stock  Incentive,  as  specified in the applicable Stock Incentive
     Agreement.

          (f)     Stock  Incentives  shall  not  be  transferable  or assignable
     except  by  will  or  by  the laws of descent and distribution and shall be
     exercisable, during the Participant's lifetime, only by the Participant; in
     the event of the Disability of the Participant, by the legal representative
     of the Participant; or in the event of the death of the Participant, by the
     personal  representative  of  the  Participant's  estate  or if no personal
     representative  has been appointed, by the successor in interest determined
     under  the  Participant's  will.

     3.2     Terms  and  Conditions  of  Options.  Each Option granted under the
             -----------------------------------
Plan  shall be evidenced by a Stock Incentive Agreement.  At the time any Option
is  granted,  the  Committee  shall  determine  whether  the  Option is to be an
Incentive  Stock  Option or a Nonqualified Stock Option, and the Option shall be
clearly  identified  as  to  its  status  as  an  Incentive  Stock  Option  or a
Nonqualified Stock Option.  At the time any Incentive Stock Option is exercised,
the Company shall be entitled to place a legend on the certificates representing
the shares of Stock purchased pursuant to the Option to clearly identify them as
shares  of  Stock  purchased  upon  exercise  of  an Incentive Stock Option.  An
Incentive  Stock  Option  may  only  be  granted  within ten (10) years from the
earlier of the date the Plan is adopted by the Board of Directors or approved by
the  Company's stockholders.  All Options shall provide that the primary federal
regulator  of  the Company or the Bank may require a Participant to exercise the
vested  portion  of the Option in whole or in part if the capital of the Company
or  the Bank falls below minimum requirements and shall further provide that, if
the  Participant  fails  to  so  exercise  any  such portion of the Option, that
portion  of  the  Option  shall  be  forfeited.

          (a)     Option  Price.   Subject  to  adjustment  in  accordance  with
                  -------------
     Section  5.2  and  the  other  provisions of this Section 3.2, the exercise
     price  (the  "Exercise  Price")  per  share  of Stock purchasable under any
     Option  shall  be as set forth in the applicable Stock Incentive Agreement.
     With  respect  to  each grant of an Incentive Stock Option to a Participant
     who  is  not  an  Over 10% Owner, the Exercise Price per share shall not be
     less  than  the  Fair  Market Value on the date the Option is granted. With
     respect  to each grant of an Incentive Stock Option to a Participant who is
     an  Over  10%  Owner, the Exercise Price shall not be less than 110% of the
     Fair  Market  Value on the date the Option is granted. With respect to each
     grant of a Nonqualified Stock Option, the Exercise Price per share shall be
     no  less  than  the  Fair  Market  Value.

          (b)     Option  Term.  The  term of an Option shall be as specified in
                  ------------
     the applicable Stock Incentive Agreement; provided, however that any Option
     granted  to  a Participant shall not be exercisable after the expiration of
     ten (10) years after the date the Option is granted and any Incentive Stock
     Option  granted  to  an  Over  10% Owner shall not be exercisable after the
     expiration of five (5) years after the date the Option is granted.

                                        7
<PAGE>
          (c)     Payment.  Payment  for  all shares of Stock purchased pursuant
                  -------
     to  the  exercise  of  an  Option  shall  be  made in cash or, if the Stock
     Incentive  Agreement  provides, in a cashless exercise through a broker. In
     its  discretion, the Committee also may authorize (at the time an Option is
     granted  or  thereafter)  Company financing to assist the Participant as to
     payment  of  the  Exercise  Price  on  such  terms as may be offered by the
     Committee  in  its  discretion.  Payment shall be made at the time that the
     Option  or  any part thereof is exercised, and no shares shall be issued or
     delivered  upon  exercise  of an Option until full payment has been made by
     the  Participant.  The holder of an Option, as such, shall have none of the
     rights  of  a  stockholder.

          (d)     Conditions  to the Exercise of an Option.  Each Option granted
                  ----------------------------------------
     under  the  Plan  shall  be  exercisable  by  the  Participant or any other
     designated  person,  at  such time or times, or upon the occurrence of such
     event or events, and in such amounts, as the Committee shall specify in the
     Stock  Incentive Agreement; provided, however, that subsequent to the grant
     of  an  Option,  the  Committee, at any time before complete termination of
     such  Option,  may accelerate the time or times at which such Option may be
     exercised in whole or in part, including, without limitation, upon a Change
     in Control and may permit the Participant or any other designated person to
     exercise  the  Option,  or  any  portion  thereof,  for  all or part of the
     remaining  Option term notwithstanding any provision of the Stock Incentive
     Agreement to the contrary. Notwithstanding the foregoing, no Option granted
     prior  to  the  third  anniversary  of the date the Bank opens for business
     shall  contain  provisions  which  allow  the  Option  to become vested and
     exercisable  at a rate faster than in equal one-third increments commencing
     with  the  first  anniversary  of  the  Option's  grant  date.

          (e)     Termination of Incentive Stock Option Status.  With respect to
                  --------------------------------------------
     an  Incentive Stock Option, in the event of the Termination of Service of a
     Participant, the Option or portion thereof held by the Participant which is
     unexercised  shall expire, terminate and become unexercisable no later than
     three  (3)  months  after  the date of termination of employment; provided,
     however,  that  in  the case of a holder whose termination of employment is
     due  to death or Disability, up to one (1) year may be substituted for such
     three (3) month period. For purposes of this Subsection (e), Termination of
     Service  of  the  Participant  shall  not be deemed to have occurred if the
     Participant  is  employed by another corporation (or a parent or subsidiary
     corporation  of  such  other  corporation)  which has assumed the Incentive
     Stock  Option  of  the  Participant  in a transaction to which Code Section
     424(a)  is  applicable.

          (f)     Special  Provisions  for  Certain  Substitute  Options.
                  ------------------------------------------------------
     Notwithstanding  anything  to  the contrary in this Section 3.2, any Option
     issued  in  substitution for an option previously issued by another entity,
     which  substitution  occurs  in connection with a transaction to which Code
     Section 424(a) is applicable, may provide for an exercise price computed in
     accordance  with  such  Code Section and the regulations thereunder and may
     contain  such  other terms and conditions as the Committee may prescribe to
     cause  such  substitute  Option  to  contain as nearly as possible the same
     terms  and  conditions  (including  the  applicable vesting and termination
     provisions)  as  those  contained  in  the  previously  issued option being
     replaced  thereby.

                                        8
<PAGE>
     3.3     Treatment  of  Awards  Upon  Termination  of  Service.   Except  as
             -----------------------------------------------------
otherwise  provided  by  Plan  Section  3.2(e),  any  award under this Plan to a
Participant  who suffers a Termination of Service may be cancelled, accelerated,
paid  or  continued,  as  provided  in  the Stock Incentive Agreement or, in the
absence  of  such provision, as the Committee may determine.  The portion of any
award  exercisable in the event of continuation or the amount of any payment due
under  a  continued  award  may  be  adjusted  by  the  Committee to reflect the
Participant's  period  of service from the date of grant through the date of the
Participant's  Termination  of  Service  or  such other factors as the Committee
determines  are  relevant  to  its  decision  to  continue  the  award.

                        SECTION 4  RESTRICTIONS ON STOCK

     4.1     Escrow  of  Shares.  Any  certificates  representing  the shares of
             ------------------
Stock  issued  under the Plan shall be issued in the Participant's name, but, if
the  Stock Incentive Agreement so provides, the shares of Stock shall be held by
a  custodian  designated  by  the  Committee (the "Custodian").  Each applicable
Stock  Incentive  Agreement  providing  for  transfer  of shares of Stock to the
Custodian  shall  appoint  the  Custodian  as  the  attorney-in-fact  for  the
Participant  for the term specified in the applicable Stock Incentive Agreement,
with  full  power  and  authority  in the Participant's name, place and stead to
transfer,  assign  and  convey  to  the  Company any shares of Stock held by the
Custodian for such Participant, if the Participant forfeits the shares under the
terms  of  the applicable Stock Incentive Agreement.  During the period that the
Custodian  holds  the  shares  subject to this Section, the Participant shall be
entitled  to  all  rights,  except as provided in the applicable Stock Incentive
Agreement, applicable to shares of Stock not so held.  Any dividends declared on
shares of Stock held by the Custodian shall, as the Committee may provide in the
applicable Stock Incentive Agreement, be paid directly to the Participant or, in
the  alternative,  be retained by the Custodian until the expiration of the term
specified  in  the  applicable  Stock  Incentive  Agreement  and  shall  then be
delivered,  together  with  any  proceeds,  with  the  shares  of  Stock  to the
Participant  or  to  the  Company,  as  applicable.

     4.2     Restrictions on Transfer.  The Participant shall not have the right
             ------------------------
to  make  or  permit  to  exist  any  Disposition  of the shares of Stock issued
pursuant  to  the  Plan  except  as provided in the Plan or the applicable Stock
Incentive  Agreement.  Any  Disposition  of the shares of Stock issued under the
Plan  by  the Participant not made in accordance with the Plan or the applicable
Stock  Incentive  Agreement  shall be void.  The Company shall not recognize, or
have the duty to recognize, any Disposition not made in accordance with the Plan
and  the  applicable  Stock  Incentive  Agreement, and the shares so transferred
shall  continue  to  be  bound  by  the  Plan and the applicable Stock Incentive
Agreement.

                          SECTION 5  GENERAL PROVISIONS

     5.1     Withholding.  The  Company shall deduct from all cash distributions
             -----------
under  the  Plan  any  taxes  required to be withheld by federal, state or local
government.  Whenever  the  Company proposes or is required to issue or transfer
shares  of Stock under the Plan, the Company shall have the right to require the
recipient  to  remit to the Company an amount sufficient to satisfy any federal,
state  and  local  tax  withholding  requirements  prior  to the delivery of any
certificate  or  certificates  for  such  shares.  A  Participant  may  pay  the
withholding  obligation  in  cash,  by tendering shares of Stock which have been
owned  by  the  holder for at least

                                        9
<PAGE>
six  (6)  months  prior  to  the  date  of  exercise or, if the applicable Stock
Incentive  Agreement  provides,  a  Participant  may elect to have the number of
shares  of Stock he is to receive reduced by the smallest number of whole shares
of  Stock which, when multiplied by the Fair Market Value of the shares of Stock
determined as of the Tax Date (defined below), is sufficient to satisfy federal,
state and local, if any, withholding obligation arising from exercise or payment
of  a  Stock  Incentive  (a  "Withholding  Election").  A Participant may make a
Withholding  Election  only  if  both  of  the  following  conditions  are  met:

          (a)     The  Withholding  Election  must  be  made on or prior to  the
     date  on which the amount of tax required to be withheld is determined (the
     "Tax Date") by executing and delivering to the Company a properly completed
     notice  of  Withholding  Election  as  prescribed  by  the  Committee;  and

          (b)     Any  Withholding  Election  made will be irrevocable; however,
     the Committee may, in its sole discretion, disapprove and give no effect to
     the  Withholding  Election.

     5.2     Changes  in  Capitalization;  Merger;  Liquidation.
             --------------------------------------------------

          (a)      The  number  of  shares  of  Stock  reserved for the grant of
     Options,  the  maximum  number  of shares of Stock for which Options may be
     granted  to  any employee during any calendar year, the number of shares of
     Stock  reserved  for issuance upon the exercise of each outstanding Option,
     and  the Exercise Price of each outstanding Option shall be proportionately
     adjusted  for  any  increase  or decrease in the number of issued shares of
     Stock  resulting from a subdivision or combination of shares or the payment
     of  an ordinary stock dividend in shares of Stock to holders of outstanding
     shares  of  Stock or any other increase or decrease in the number of shares
     of  Stock  outstanding  effected  without  receipt  of consideration by the
     Company.

          (b)     In  the  event  of  any merger, consolidation, reorganization,
     extraordinary  dividend,  spin-off,  sale  of  substantially  all  of  the
     Company's  assets,  other change in the capital structure of the Company or
     its  Stock  (including any Change in Control) or tender offer for shares of
     Stock,  the  Committee,  in  its sole discretion, may make such adjustments
     with  respect to awards and take such other action as it deems necessary or
     appropriate  to  reflect  or in anticipation of such merger, consolidation,
     reorganization, extraordinary dividend, spin-off, sale of substantially all
     of the Company's assets, other change in capital structure or tender offer,
     including,  without  limitation;  the  assumption  of  other  awards,  the
     substitution  of  new awards, the adjustment of outstanding awards (with or
     without  the  payment  of any consideration), the acceleration of awards or
     the  removal  of restrictions on outstanding awards, all as may be provided
     in  the applicable Stock Incentive Agreement or, if not expressly addressed
     therein,  as  the  Committee subsequently may determine in the event of any
     such  merger,  consolidation,  reorganization,  extraordinary  dividend,
     spin-off,  sale  of substantially all of the Company's assets, other change
     in  the  capital  structure of the Company or its Stock or tender offer for
     shares  of  Stock  or the termination of outstanding awards in exchange for
     the  cash value, as determined in good faith by the Committee of the vested
     and/or  unvested  portion  of  the award. The Committee's general authority
     under  this  Section  5.2

                                       10
<PAGE>
     is  limited by and subject to all other express provisions of the Plan. Any
     adjustment  pursuant  to  this  Section 5.2 may provide, in the Committee's
     discretion,  for the elimination without payment therefor of any fractional
     shares  that  might  otherwise  become  subject  to  any  Stock  Incentive.

          (c)     The  existence  of  the  Plan and the Stock Incentives granted
     pursuant  to the Plan shall not affect in any way the right or power of the
     Company  to  make  or  authorize  any  adjustment,  reclassification,
     reorganization  or  other  change in its capital or business structure, any
     merger  or  consolidation  of  the  Company,  any  issue  of debt or equity
     securities  having  preferences or priorities as to the Stock or the rights
     thereof,  the  dissolution  or  liquidation  of  the  Company,  any sale or
     transfer  of  all  or  any  part  of  its  business or assets, or any other
     corporate  act  or  proceeding.

     5.3     Cash Awards.  The Committee may, at any time and in its discretion,
             -----------
grant to any holder of a Stock Incentive the right to receive, at such times and
in  such amounts as determined by the Committee in its discretion, a cash amount
which  is intended to reimburse such person for all or a portion of the federal,
state  and  local  income taxes imposed upon such person as a consequence of the
receipt of the Stock Incentive or the exercise of rights thereunder.

     5.4     Compliance  with  Code.  All  Incentive Stock Options to be granted
             ----------------------
hereunder  are  intended  to comply with Code Section 422, and all provisions of
the Plan and all Incentive Stock Options granted hereunder shall be construed in
such  a  manner  as  to  effectuate  that  intent.

     5.5     Right  to  Terminate  Service.  Nothing in the Plan or in any Stock
             -----------------------------
Incentive  Agreement  shall confer upon any Participant the right to continue as
an  officer,  employee  or  director  of  the Company or affect the right of the
Company  to  terminate  the  Participant's  services  at  any  time.

     5.6     Restrictions  on  Delivery and Sale of Shares; Legends.  Each Stock
             ------------------------------------------------------
Incentive  is subject to the condition that if at any time the Committee, in its
discretion,  shall  determine that the listing, registration or qualification of
the shares covered by such Stock Incentive upon any securities exchange or under
any  state  or  federal  law  is  necessary or desirable as a condition of or in
connection with the granting of such Stock Incentive or the purchase or delivery
of  shares  thereunder, the delivery of any or all shares pursuant to such Stock
Incentive  may  be  withheld  unless  and  until  such  listing, registration or
qualification  shall  have been effected.  If a registration statement is not in
effect  under the Securities Act of 1933 or any applicable state securities laws
with  respect  to the shares of Stock purchasable or otherwise deliverable under
Stock  Incentives then outstanding, the Committee may require, as a condition of
exercise of any Option or as a condition to any other delivery of Stock pursuant
to  a  Stock  Incentive,  that  the  Participant  or  other recipient of a Stock
Incentive  represent, in writing, that the shares received pursuant to the Stock
Incentive  are being acquired for investment and not with a view to distribution
and  agree  that  the  shares  will  not  be  disposed  of except pursuant to an
effective  registration  statement,  unless  the  Company shall have received an
opinion  of  counsel that such disposition is exempt from such requirement under
the  Securities  Act  of  1933  and  any  applicable state securities laws.  The
Company  may include on certificates representing shares delivered pursuant to a
Stock  Incentive  such  legends  referring  to  the foregoing representations or

                                       11
<PAGE>
restrictions  or  any other applicable restrictions on resale as the Company, in
its  discretion,  shall  deem  appropriate.

     5.7     Non-Alienation  of  Benefits.  Other  than as specifically provided
             ----------------------------
herein,  no  benefit  under  the  Plan  shall  be  subject  in  any  manner  to
anticipation,  alienation,  sale,  transfer,  assignment, pledge, encumbrance or
charge; and any attempt to do so shall be void.  No such benefit shall, prior to
receipt by the Participant, be in any manner liable for or subject to the debts,
contracts,  liabilities,  engagements  or  torts  of  the  Participant.

     5.8     Termination  and  Amendment of the Plan.  The Board of Directors at
             ---------------------------------------
any time may amend or terminate the Plan without stockholder approval; provided,
however, that the Board of Directors may condition any amendment on the approval
of  stockholders  of the Company if such approval is necessary or advisable with
respect  to  tax,  securities  or other applicable laws.  No such termination or
amendment without the consent of the holder of a Stock Incentive shall adversely
affect  the  rights  of  the  Participant  under  such  Stock  Incentive.

     5.9     Stockholder  Approval.   The  Plan  must  be  submitted  to  the
             ---------------------
stockholders  of the Company for their approval within twelve (12) months before
or after the adoption of the Plan by the Board of Directors.

     5.10     Choice  of Law.  The laws of the State of Georgia shall govern the
              --------------
Plan, to the extent not preempted by federal law.

     5.11     Effective Date of the Plan.  The Plan was approved by the Board of
              --------------------------
Directors as of _______________, 2003 and will be effective as of that date.

                                        FLINT RIVER BANCSHARES, INC.

                                        By:
                                           -------------------------------------

                                        Title:
                                              ----------------------------------

ATTEST:

---------------------------------
Secretary

       [SEAL]

                                       12
<PAGE>EMPLOYMENT AGREEMENT

     THIS AGREEMENT is made as of the  8th  day of September, 2003, by and among
FLINT RIVER BANCSHARES, INC., a bank holding company incorporated under the laws
of  the  State of Georgia (the "Company" or the "Employer") and HARRY N. PARK, a
resident  of  the  State  of  Georgia  (the  "Executive").

                                    RECITALS:

     The  Employer desires to employ the Executive as Chief Executive Officer of
the Company and the Executive desires to accept such employment.

     At  such  time  as  the  Flint  River  National  Bank  (Proposed)  receives
preliminary  approval  of  its  regulatory  charter  from  its  primary  federal
regulator,  the Company intends to cause Flint River National Bank (Proposed) to
employ  the  Executive  as  its  Chief Executive Officer on terms and conditions
substantially similar to those set forth herein.

     In  consideration  of  the  above  premises  and  the  mutual  agreements
hereinafter set forth, the parties hereby agree as follows:

1.     DEFINITIONS.  Whenever  used  in  this Agreement, the following terms and
       -----------
their variant forms shall have the meaning set forth below:

     1.1     "AGREEMENT" shall mean this Agreement and any exhibits incorporated
              ---------
herein  together with any amendments hereto made in the manner described in this
Agreement.

     1.2     "AREA"  shall  mean  the  geographic  area within the boundaries of
              ----
Mitchell County, Georgia.  It is the express intent of the parties that the Area
as defined herein is the area where the Executive performs services on behalf of
the Employer under this Agreement as of the Opening Date.

     1.3     "BANK"  shall  mean  Flint  River  National  Bank  (Proposed).
              ----

     1.4     "BUSINESS OF THE EMPLOYER" shall mean the business conducted by the
              ------------------------
Employer, which is the business of commercial banking.

     1.5     "CAUSE"  shall  mean:
              -----

          1.5.1     With  respect  to  termination  by  the  Employer:

               (a)     A  material  breach of the terms of this Agreement by the
          Executive,  including, without limitation, failure by the Executive to
          perform  his  duties  and  responsibilities  in  the manner and to the
          extent  required under this Agreement, which remains uncured after the
          expiration  of  thirty  (30)  days  following  the delivery of written
          notice  of  such  breach to the Executive by the Employer. Such notice
          shall (i) specifically identify the duties that the Board of Directors
          of  the Employer believes the Executive has failed to perform and (ii)
          state  the  facts  upon  which  such  determination  is  made;

<PAGE>
               (b)     Conduct  by  the  Executive  that  amounts  to  fraud,
          dishonesty, disloyalty or willful misconduct in the performance of his
          duties  and  responsibilities  hereunder;

               (c)     Conviction  of  the  Executive during the Term of a crime
          involving  breach  of  trust  or  moral  turpitude  or  any  felony;

               (d)     Conduct  by  the  Executive  that  amounts  to  gross and
          willful  insubordination  or  inattention  to  his  duties  and
          responsibilities  hereunder;  or

               (e)     Conduct by the Executive that results in removal from his
          position  as  an  officer  or  executive of the Employer pursuant to a
          written  order by any regulatory agency with authority or jurisdiction
          over  the  Employer.

          1.5.2     With respect  to  termination  by  the Executive, a material
     diminution  in  the  powers,  responsibilities  or  duties of the Executive
     hereunder  or  a  material  breach  of  the  terms of this Agreement by the
     Employer,  which  remains  uncured after the expiration of thirty (30) days
     following  the delivery of written notice of such breach to the Employer by
     the  Executive.

     1.6     "CHANGE  OF  CONTROL"  means  any  one  of  the  following  events:
              -------------------

          (a)     the  acquisition by any person or persons acting in concert of
     the  then  outstanding  voting  securities  of  the  Employer if, after the
     transaction,  the  acquiring  person  or persons owns controls or holds the
     power  to  vote  thirty  percent  (30%)  or  more  of  any  class of voting
     securities  of  the  Employer;

          (b)     within  any  twelve-month  period  (beginning  on or after the
     Opening  Date),  the persons who were directors of the Employer immediately
     before  the  beginning  of  such  twelve-month  period  (the  "Incumbent
     Directors")  shall cease to constitute at least a majority of such Board of
     Directors;  provided  that  any  director  who was not a director as of the
     beginning  of  such  twelve-month period shall be deemed to be an Incumbent
     Director if that director were elected to such Board of Directors by, or on
     the  recommendation  of or with the approval of, at least two-thirds of the
     directors  who  then qualified as Incumbent Directors; and provided further
     that  no  director whose initial assumption of office is in connection with
     an  actual  or  threatened  election  contest  relating  to the election of
     directors  shall  be  deemed  to  be  an  Incumbent  Director;

          (c)     a  reorganization,  merger,  share  exchange  combination  or
     consolidation,  with  respect to which persons who were the stockholders of
     the  Employer  immediately  prior  to  such  reorganization,  merger, share
     exchange  combination  or consolidation do not, immediately thereafter, own
     more than fifty percent (50%) of the combined voting power entitled to vote
     in  the  election  of  directors  of  the  reorganized, merged, combined or
     consolidated  company's  then  outstanding  voting  securities;  or

          (d)     the  sale,  transfer or assignment of all or substantially all
     of the assets of the Employer to any third party.

                                        2
<PAGE>
     1.7     "CONFIDENTIAL  INFORMATION"  means data and information relating to
              -------------------------
the  business  of  the  Employer  (which  does not rise to the status of a Trade
Secret)  which  is  or  has  been  disclosed  to  the  Executive or of which the
Executive  became  aware  as  a  consequence  of  or  through  the  Executive's
relationship  to  the  Employer  and  which has value to the Employer and is not
generally  known to its competitors.  Confidential Information shall not include
any data or information that has been voluntarily disclosed to the public by the
Employer  (except  where  such  public disclosure has been made by the Executive
without authorization) or that has been independently developed and disclosed by
others, or that otherwise enters the public domain through lawful means.

     1.8     "DISABILITY"  shall  mean the inability of the Executive to perform
              ----------
each  of  his  material  duties  under  this  Agreement  for the duration of the
short-term  disability  period  under  the  Employer's  policy then in effect as
certified by a physician chosen by the Employer and reasonably acceptable to the
Executive.

     1.9     "EFFECTIVE  DATE"  shall  mean  May 1, 2003.
              ---------------

     1.10     "EMPLOYER  INFORMATION"  means  Confidential Information and Trade
               ---------------------
Secrets.

     1.11     "INITIAL  TERM"  shall  mean that period of time commencing on the
               -------------
Effective  Date  and  running  until the earlier of the close of business on the
last  business  day immediately preceding the fifth anniversary of the Effective
Date  or  any  earlier  termination  of  employment  of the Executive under this
Agreement  as  provided  for  in  Section  3.

     1.12     "OPENING  DATE"  shall  mean the date the Bank opens for business.
               -------------

     1.13     "TERM"  shall  mean  the  Initial  Term and all subsequent renewal
               ----
periods.

     1.14     "TRADE  SECRETS"  means  Employer  information  including, but not
               --------------
limited  to,  technical  or nontechnical data, formulas, patterns, compilations,
programs,  devices,  methods,  techniques,  drawings, processes, financial data,
financial  plans,  product  plans  or  lists of actual or potential customers or
suppliers  which:

          (a)     derives  economic  value,  actual or potential, from not being
     generally known to, and not being readily ascertainable by proper means by,
     other persons who can obtain economic value from its disclosure or use; and

          (b)     is  the  subject  of  efforts  that  are  reasonable under the
     circumstances to maintain its secrecy.

2.     DUTIES.
       ------

     2.1     POSITION.  The  Executive is employed as Chief Executive Officer of
             --------
the  Employer  and,  subject  to  the direction of the Board of Directors of the
Employer  or  the  Board's  designee(s),  shall  perform  and discharge well and
faithfully  the  duties  which  may  be assigned to him from time to time by the
Board  of  Directors  in connection with the conduct of the Employer's business.
The  duties  and  responsibilities of the Executive are set forth on Exhibit "A"
                                                                     -----------
attached  hereto.  At such time as the Bank receives preliminary approval of its
regulatory  charter  from its primary federal

                                        3
<PAGE>
regulator, the Company shall cause the Bank to employ the Executive as its Chief
Executive  Officer.  The terms and conditions of the Executive's employment with
the  Bank shall be reflected by an amendment to this Agreement pursuant to which
the  Bank  shall  become  a  party  hereto.

     2.2     FULL-TIME  STATUS.  In  addition to the duties and responsibilities
             -----------------
specifically  assigned  to  the  Executive  pursuant  to Section 2.1 hereof, the
Executive  shall:

          (a)     devote  substantially all of his time, energy and skill during
     regular  business  hours to the performance of the duties of his employment
     (reasonable  vacations and reasonable absences due to illness excepted) and
     faithfully  and  industriously  perform  such  duties;

          (b)     diligently  follow  and  implement  all  reasonable and lawful
     management  policies  and  decisions  communicated  to  him by the Board of
     Directors  of  the  Employer;  and

          (c)     timely  prepare  and  forward to the Board of Directors of the
     Employer all reports and accountings as may be requested of the Executive.

     2.3     PERMITTED  ACTIVITIES.   The  Executive  shall  devote  his  entire
             ---------------------
business  time, attention and energies to the Business of the Employer and shall
not  during the Term be engaged (whether or not during normal business hours) in
any  other  business  or  professional activity, whether or not such activity is
pursued  for  gain,  profit  or other pecuniary advantage; but this shall not be
construed  as  preventing  the  Executive  from:

          (a)     investing  his personal assets in businesses which (subject to
     clause  (b) below) are not in competition with the Business of the Employer
     and  which  will  not  require any services on the part of the Executive in
     their operation or affairs and in which his participation is solely that of
     an  investor;

          (b)     purchasing  securities  in  any corporation, the securities of
     which  are regularly traded provided that such purchase shall not result in
     him  collectively owning beneficially at any time five percent (5%) or more
     of  the  equity securities of any business in competition with the Business
     of  the  Employer;

          (c)     participating  in  civic  and  professional  affairs  and
     organizations  and  conferences, preparing or publishing papers or books or
     teaching  so  long  as  the  Board of Directors of the Employer approves in
     writing  of  such activities prior to the Executive's engaging in them; and

          (d)     participating on the board of directors of Lamar EMC.

3.     TERM  AND  TERMINATION.
       ----------------------

     3.1     TERM.     This  Agreement  shall  remain  in  effect  for the Term.
             ----
Commencing with the first day of the Initial Term, the Term shall renew each day
such  that  the  Term remains a five-year term from day-to-day thereafter unless
either  party  gives  written  notice to the other of its or his intent that the
automatic  renewals  shall  cease.  In  the  event such notice of non-renewal is
properly

                                        4
<PAGE>
given,  this  Agreement and the Term shall expire on the fifth (5th) anniversary
of  the thirtieth (30th) day following the date such written notice is received.

     3.2     TERMINATION.  During  the  Term,  the  employment  of the Executive
             -----------
under this Agreement may be terminated only as follows:

          3.2.1     By  the  Employer:

               (a)     In  the  event  that  the  Bank  fails  to  receive  its
          regulatory  charter,  or  the  Employer  fails  to raise the necessary
          capital  required to open the Bank, and should the Employer's Board of
          Directors  decide  to  forgo future efforts to open the Bank, in which
          event  the  Employer  shall  be  required  to  continue  to  meet  its
          obligation  to the Executive under Section 4.1 at the Base Salary rate
          that  would  have  become effective as of the Opening Date for six (6)
          months  following  the  effective  date  of  termination;

               (b)     For  Cause, upon written notice to the Executive pursuant
          to  Section  1.5.1  hereof,  in which event the Employer shall have no
          further  obligation  to  the  Executive  except for the payment of any
          amounts  due  and  owing  under  Section  4  on  the effective date of
          termination;

               (c)     Without  Cause  at  any  time, provided that the Employer
          shall give the Executive thirty (30) days' prior written notice of its
          intent  to terminate, in which event the Employer shall be required to
          continue to meet its obligation to the Executive under Section 4.1 for
          six  (6)  months  following  the  effective  date  of  termination;

               (d)     Upon  the  Disability  of  the  Executive  at  any  time,
          provided  that the Employer shall give the Executive thirty (30) days'
          prior  written  notice of its intent to terminate, in which event, for
          six  (6)  months  following the effective date of termination or until
          the Executive begins receiving payments under the long-term disability
          policy maintained for the employees of the Employer, if any, whichever
          occurs  first,  the Employer shall be required to continue to meet its
          obligation  to  the  Executive  under  Section  4.1;  or

               (e)     In  the event that the primary regulator for the Employer
          object  to  the  Executive's service as Chief Executive Officer of the
          Employer, in which event the Employer shall be required to continue to
          meet  its  obligation  to  the Executive under Section 4.1 for six (6)
          months  following  the  effective  date  of  termination.

          3.2.2     By  the  Executive:

               (a)     For  Cause,  upon written notice to the Employer pursuant
          to Section 1.5.2 hereof, in which event the Employer shall be required
          to  continue to meet its obligation to the Executive under Section 4.1
          for  six  (6)  months  following the effective date of termination; or

                                        5
<PAGE>
               (b)     Without Cause, provided that the Executive shall give the
          Employer  sixty  (60)  days'  prior  written  notice  of his intent to
          terminate,  in  which  event  the  Employer  shall  have  no  further
          obligation  to the Executive except for payment of any amounts due and
          owing  under  Section  4  on  the  effective  date of the termination.

          3.2.3     At  any  time upon mutual, written agreement of the parties,
     in  which  event  the  Employer  shall  have  no  further obligation to the
     Executive  except  for  payment of amounts due and owing under Section 4 on
     the  effective  date  of  termination.

          3.2.4     Notwithstanding  anything in this Agreement to the contrary,
     the Term shall end automatically upon the Executive's death, in which event
     the  Employer  shall  have  no further obligation to the Executive's estate
     except  for payment of amounts due and owing under Section 4 on the date of
     the  Executive's  death.

     3.3     CHANGE OF CONTROL.  If, within six (6) months following a Change of
             -----------------
Control,  the  Executive  terminates his employment with the Employer under this
Agreement  for  Cause  or the Employer terminates Executive's employment without
Cause,  the  Executive,  or in the event of his subsequent death, his designated
beneficiaries  or  his  estate, as the case may be, shall receive, as liquidated
damages,  in lieu of all other claims, a lump sum severance payment equal to the
amount  of  the  Executive's  current  Base  Salary that would be payable over a
period  equal  to six (6) months following the effective date of termination, to
be  paid  in  full  on the last day of the month following the effective date of
termination.  In  no  event  shall  the payment(s) described in this Section 3.3
exceed  the  amount  permitted  by Section 280G of the Internal Revenue Code, as
amended  (the "Code").  Therefore, if the aggregate present value (determined as
of  the  date  of  the  Change  of  Control in accordance with the provisions of
Section  280G  of the Code) of both the severance payment and all other payments
to  the Executive in the nature of compensation which are contingent on a change
in  ownership  or  effective  control  of  the Employer or in the ownership of a
substantial  portion  of  the assets of the Employer (the "Aggregate Severance")
would  result  in  a  "parachute  payment," as defined under Section 280G of the
Code,  then the Aggregate Severance shall not be greater than an amount equal to
2.99  multiplied  by  Executive's  "base amount" for the "base period," as those
terms  are  defined  under Section 280G of the Code.  In the event the Aggregate
Severance  is required to be reduced pursuant to this Section 3.3, the Executive
shall  be entitled to determine which portions of the Aggregate Severance are to
be  reduced so that the Aggregate Severance satisfies the limit set forth in the
preceding  sentence.  Notwithstanding  any  provision  in this Agreement, if the
Executive  may exercise his right to terminate employment under this Section 3.3
or  under  Section  3.2.2(a),  the Executive may choose which provision shall be
applicable.

     3.4     EFFECT  OF  TERMINATION.  Upon  termination  of  the  Executive's
             -----------------------
employment  hereunder  for  any  reason,  the  Employer  shall  have  no further
obligations  to  the  Executive  or  the Executive's estate with respect to this
Agreement,  except  for  the payment of any amounts accrued or otherwise due and
owing  under  Section  4  hereof  and  unpaid  as  of  the effective date of the
termination  of employment and payments set forth in Sections 3.2.1(a), (c), (d)
and  (e),  Section  3.2.2(a),  or  Section  3.3,  as  applicable.

4.     COMPENSATION.  The  Executive  shall  receive  the  following  salary and
       ------------
benefits during the Term, except as otherwise provided below:

                                        6
<PAGE>
     4.1     BASE  SALARY.
             ------------

          (a)     The  Executive  shall be compensated at an annual base rate of
     $72,600  (the  "Base Salary"). The Base Salary will be increased to $87,500
     on  the  Opening Date. The Executive's Base Salary shall be reviewed by the
     Board  of  Directors  of  the Employer at least annually, and the Executive
     shall  be  entitled to receive annually an increase in such amount, if any,
     as  may  be determined by the Board of Directors based on its evaluation of
     the  Executive's  performance.  Base  Salary shall be payable in accordance
     with  the  Employer's  normal  payroll  practices.

          (b)     As  soon  as practicable after the Opening Date, the Executive
     shall  be  eligible  to  receive  a one-time salary adjustment payment (the
     "Salary Adjustment Payment") in an amount equal to $1,242 multiplied by the
     number  of  months  (full  and  partial)  in  the  period  beginning on the
     Effective  Date  and  ending  on  the  Opening  Date. The Salary Adjustment
     Payment  will be payable in a lump sum cash payment within thirty (30) days
     following  the  Opening  Date.

     4.2     INCENTIVE COMPENSATION.  Beginning on or after the Opening Date the
             ----------------------
Executive  shall  be  eligible to receive annual bonus compensation (the "Annual
Bonus")  in an amount up to five percent (5%) of the pre-tax income of the Bank.
The  bonus  amount shall be determined based on performance goals established by
the  Board  of  Directors of the Employer; provided, however, that the Executive
shall  only  be entitled to an Annual Bonus if the Bank has a CAMELS rating of 1
or  2  for the year to which the Annual Bonus relates.  Any Annual Bonus will be
payable  within ninety (90) days following the last day of the calendar year for
which  such  Annual  Bonus  is  earned.

     4.3     STOCK  OPTIONS.  As  soon  as practicable after the Effective Date,
             --------------
the  Employer  will  establish  a  stock  incentive  plan  and will grant to the
Executive an incentive stock option to purchase a number of shares that does not
exceed  five percent (5%) of the number of shares sold in the Employer's initial
offering  of  its  stock.  The option will be issued by the Employer pursuant to
the  Employer's stock incentive plan and subject to the terms of a related stock
option  agreement.

     4.4     AUTOMOBILE.  Beginning  as of the Effective Date, the Employer will
             ----------
provide the Executive with a monthly automobile allowance not to exceed $300 per
month.  Beginning  as  of  the  Opening  Date,  the  Employer  will  provide the
Executive  with  an  automobile  of  a  make  and  model to be determined by the
Employer  with  a  value  not to exceed $25,000. The Employer will reimburse the
Executive for expenses associated with the operation, maintenance and repair for
the automobile.  Not less frequently than once annually, the Executive will make
a  good  faith  allocation  between business and personal use of such vehicle as
required  by  the  Internal  Revenue  Service  guidelines.

     4.5     HEALTH  INSURANCE.  The  Employer  will reimburse the Executive for
             -----------------
the cost of premium payments paid by the Executive for COBRA continuation health
and  dental  insurance  coverage  covering  the Executive and the members of his
immediate family as offered by the Executive's prior employer until such time as
the Executive and the members of his immediate family are no longer eligible for
COBRA  continuation  health  and  dental  insurance coverage or the

                                        7
<PAGE>
Employer,  as  applicable,  adopts  a health insurance plan for employees of the
Employer,  whichever  occurs  first.

     4.6     LIVING  EXPENSES.  The  Employer  will  reimburse the Executive for
             ----------------
reasonable  and  necessary  moving and temporary living expenses (including, but
not  limited  to  rent and utility expenses) incurred by the Executive following
the  Effective  Date  in  the  Mitchell  County,  Georgia  area.  The  aggregate
reimbursement  made  by the Employer under this Section shall not exceed $5,000.
As  a  condition  to reimbursement pursuant to this Section, the Executive shall
submit verification of the nature and amount of such expenses in accordance with
reimbursement  policies  from  time  to  time  adopted  by  the  Employer and in
sufficient  detail  to  comply  with  rules  and  regulations promulgated by the
Internal Revenue Service.  The Executive acknowledges that the Employer has made
no  representations  concerning  the  taxability  or nontaxability of any of the
reimbursements  contemplated  by  this  Section.

     4.7     LIFE  INSURANCE.  The Employer will provide the Executive with term
             ---------------
life  insurance  coverage  with  a  death  benefit equal to $250,000.  The death
benefit  offered  under  such  coverage  shall be payable to such beneficiary or
beneficiaries  as  the  Executive  may  designate.

     4.8     BUSINESS  EXPENSES;  MEMBERSHIPS.  The Employer specifically agrees
             --------------------------------
to  reimburse  the  Executive  for:

          (a)      reasonable and necessary business expenses (including travel)
     incurred  by  him in the performance of his duties as approved by the Board
     of  Directors  of  the  Employer;

          (b)     the  reasonable  dues  and  business  related  expenditures
     associated  with  membership in trade and professional associations, as are
     mutually  agreed  upon  by  the  Executive  and  the  Employer,  which  are
     commensurate  with  the  Executive's  position;  and

          (c)     the  dues  and  business  related  expenditures,  including
     initiation  fees, associated with membership in a single country club and a
     single  civic organization as selected by the Executive and approved by the
     Board  of  Directors  of  the  Employer;

provided,  however,  that  the  Executive  shall,  as  a  condition  of  any
reimbursement,  submit verification of the nature and amount of such expenses in
accordance with reimbursement policies from time to time adopted by the Employer
and in sufficient detail to comply with rules and regulations promulgated by the
Internal Revenue Service.  The Executive acknowledges that the Employer has made
no  representation  concerning  the  taxability  or  nontaxability of any of the
reimbursements  contemplated  by  this  Section.

     4.9     VACATION.  On  a  non-cumulative  basis,  the  Executive  shall  be
             --------
entitled  to  four  (4) weeks of vacation in each successive twelve-month period
during the Term, during which his compensation shall be paid in full.

     4.10     SICK  LEAVE.  The  Executive shall be entitled to thirty (30) days
              -----------
of  paid sick leave time in each successive twelve-month period during the Term,
during  which  Executive's  compensation  shall  be  paid  in  full.

                                        8
<PAGE>
     4.11     BENEFITS.  In  addition  to the benefits specifically described in
              --------
this  Agreement,  the  Executive  shall  be  entitled to such benefits as may be
available  from time to time to executives of the Employer similarly situated to
the  Executive.  All  such  benefits  shall  be  awarded  and  administered  in
accordance  with  the Employer's standard policies and practices.  Such benefits
may  include,  by  way  of  example  only,  profit-sharing and retirement plans,
dental,  health,  life  and  disability  insurance benefits, sick leave and such
other  benefits  as  the  Employer  deems  appropriate.

     4.12     WITHHOLDING.  The  Employer  may  deduct  from  each  payment  of
              -----------
compensation  hereunder  all  amounts  required  to  be deducted and withheld in
accordance  with  applicable  federal  and  state  income  tax,  FICA  and other
withholding  requirements.

5.     EMPLOYER  INFORMATION.
       ---------------------

     5.1     OWNERSHIP  OF  EMPLOYER  INFORMATION.   All  Employer  Information
             ------------------------------------
received  or  developed  by  the  Executive  while employed by the Employer will
remain  the  sole  and  exclusive  property  of  the  Employer.

     5.2     OBLIGATIONS OF THE EXECUTIVE.  The Executive agrees:
             ----------------------------

          (a)     to hold Employer Information in strictest confidence;

          (b)     not  to  use,  duplicate,  reproduce,  distribute, disclose or
     otherwise  disseminate  Employer Information or any physical embodiments of
     Employer  Information;  and

          (c)     in  any  event, not to take any action causing or fail to take
     any  action  necessary  in  order  to prevent any Employer Information from
     losing its character or ceasing to qualify as Confidential Information or a
     Trade  Secret.

In  the  event  that  the  Executive is required by law to disclose any Employer
Information,  the  Executive will not make such disclosure unless (and then only
to  the extent that) the Executive has been advised by independent legal counsel
that such disclosure is required by law and then only after prior written notice
is  given  to the Employer when the Executive becomes aware that such disclosure
has  been  requested and is required by law.  This Section 5 shall survive for a
period  of  two (2) years following termination of this Agreement for any reason
with  respect to Confidential Information, and shall survive termination of this
Agreement  for  any  reason  for so long as is permitted by applicable law, with
respect  to  Trade  Secrets.

     5.3     DELIVERY  UPON  REQUEST  OR  TERMINATION.   Upon  request  by  the
             ----------------------------------------
Employer, and in any event upon termination of his employment with the Employer,
the  Executive  will  promptly deliver to the Employer all property belonging to
the  Employer,  including,  without limitation, all Employer Information then in
his  possession  or  control.

                                        9
<PAGE>
6.     NON-COMPETITION.  The  Executive agrees that during his employment by the
       ---------------
Employer hereunder and, in the event of his termination:

     -    by the Employer for Cause pursuant to Section 3.2.1(b),
     -    by the Employer without Cause pursuant to Section 3.2.1(c),
     -    by the Executive for Cause pursuant to Section 3.2.2(a),
     -    by the Executive without Cause pursuant to Section 3.2.2(b), or
     -    by  the  Employer  or  the  Executive  in  connection with a Change of
          Control pursuant to Section 3.3,

for  a period of twelve (12) months thereafter, he will not (except on behalf of
or  with  the  prior  written  consent of the Employer), within the Area, either
directly  or  indirectly,  on  his  own behalf or in the service or on behalf of
others,  as an executive employee or in any other capacity which involves duties
and  responsibilities similar to those undertaken for the Employer (including as
an  organizer,  director  or  proposed  executive  officer  of  a  new financial
institution),  engage  in  any  business which is the same as or essentially the
same  as  the  Business  of  the  Employer.

7.     NON-SOLICITATION  OF  CUSTOMERS.  The  Executive  agrees  that during his
       -------------------------------
employment by the Employer hereunder and, in the event of his termination:

     -    by the Employer for Cause pursuant to Section 3.2.1(b),
     -    by the Employer without Cause pursuant to Section 3.2.1(c),
     -    by the Executive for Cause pursuant to Section 3.2.2(a),
     -    by the Executive without Cause pursuant to Section 3.2.2(b), or
     -    by  the  Employer  or  the  Executive  in  connection with a Change of
          Control  pursuant  to  Section  3.3,

for  a period of twelve (12) months thereafter, he will not (except on behalf of
or  with the prior written consent of the Employer), within the Area, on his own
behalf  or in the service or on behalf of others, solicit, divert or appropriate
or  attempt  to  solicit,  divert  or  appropriate, any business from any of the
Employer's  customers,  including  prospective  customers actively sought by the
Employer,  with  whom  the Executive has or had material contact during the last
two  (2) years of his employment, for purposes of providing products or services
that  are  competitive  with  those  provided  by  the  Employer.

8.     NON-SOLICITATION  OF  EMPLOYEES.  The  Executive  agrees  that during his
       -------------------------------
employment by the Employer hereunder and, in the event of his termination:

     -    by the Employer for Cause pursuant to Section 3.2.1(b),
     -    by the Employer without Cause pursuant to Section 3.2.1(c),
     -    by the Executive for Cause pursuant to Section 3.2.2(a),
     -    by the Executive without Cause pursuant to Section 3.2.2(b), or
     -    by  the  Employer  or  the  Executive  in  connection with a Change of
          Control  pursuant  to  Section  3.3,

                                       10
<PAGE>
for  a period of twelve (12) months thereafter, he will not, within the Area, on
his  own  behalf  or  in the service or on behalf of others, solicit, recruit or
hire  away  or  attempt  to  solicit,  recruit or hire away, any employee of the
Employer,  whether  or  not:

     -    such  employee  is a full-time employee or a temporary employee of the
          Employer,
     -    such employment is pursuant to written agreement, or
     -    such employment is for a determined period or is at will.

9.     REMEDIES.  The  Executive agrees that the covenants contained in Sections
       --------
5 through 8 of this Agreement are of the essence of this Agreement; that each of
the covenants is reasonable and necessary to protect the business, interests and
properties  of  the  Employer,  and  that  irreparable  loss  and damage will be
suffered  by the Employer should he breach any of the covenants.  Therefore, the
Executive  agrees and consents that, in addition to all the remedies provided by
law  or  in  equity,  the  Employer shall be entitled to a temporary restraining
order  and  temporary  and  permanent  injunctions  to  prevent  a  breach  or
contemplated  breach  of  any  of the covenants.  The Employer and the Executive
agree  that  all  remedies  available  to  the  Employer  or  the  Executive, as
applicable,  shall  be  cumulative.

10.     SEVERABILITY.  The parties agree that each of the provisions included in
        ------------
this  Agreement is separate, distinct and severable from the other provisions of
this  Agreement  and  that  the  invalidity or unenforceability of any Agreement
provision shall not affect the validity or enforceability of any other provision
of this Agreement.  Further, if any provision of this Agreement is ruled invalid
or  unenforceable  by  a  court  of competent jurisdiction because of a conflict
between  the  provision  and  any applicable law or public policy, the provision
shall  be  redrawn  to  make  the  provision  consistent  with,  and  valid  and
enforceable  under,  the  law  or  public  policy.

11.     NO SET-OFF BY THE EXECUTIVE.  The existence of any claim, demand, action
        ---------------------------
or cause of action by the Executive against the Employer whether predicated upon
this  Agreement  or otherwise, shall not constitute a defense to the enforcement
by  the  Employer  of  any  of  its  rights  hereunder.

12.     NOTICE.  All  notices  and  other  communications  required or permitted
        ------
under  this  Agreement shall be in writing and shall be delivered by hand or, if
mailed,  shall  be  sent  via  the United States Postal Service, certified mail,
return  receipt requested or by overnight courier.  All notices hereunder may be
delivered  by  hand  or  overnight  courier,  in which event the notice shall be
deemed effective when delivered. All notices and other communications under this
Agreement  shall  be  given  to  the  parties hereto at the following addresses:

          (i)    If to the Employer, to it at:

                 Flint River Bancshares, Inc.
                 94-B Oakland Avenue.
                 Camilla, GA  31730

                                       11
<PAGE>
          (ii)   If to the Executive, to him at:

                 Harry N. Park
                 3809  Willis  Road
                 Yatesville,  GA  31097

Any  party  hereto  may  change  his  or  its address by advising the others, in
writing,  of  such  change  of  address.

13.     ASSIGNMENT.  Neither  party hereto may assign or delegate this Agreement
        ----------
or  any  of  its rights and obligations hereunder without the written consent of
the  other  party  to  this  Agreement.

14.     WAIVER.  A  waiver  by one party to this Agreement of any breach of this
        ------
Agreement  by the other party to this Agreement shall not be effective unless in
writing,  and no waiver shall operate or be construed as a waiver of the same or
another  breach  on  a  subsequent  occasion.

15.     ARBITRATION.  Any  controversy  or  claim  arising out of or relating to
        -----------
this contract, or the breach thereof, shall be settled by binding arbitration in
accordance  with  the  Commercial  Arbitration Rules of the American Arbitration
Association.  Judgment  upon the award rendered by the arbitrator may be entered
only  in  a  state  court of Mitchell County or the federal court for the Middle
District  of Georgia.  The Employer and the Executive agree to share equally the
fees  and  expenses  associated  with  the  arbitration  proceedings.
EXECUTIVE MUST INITIAL HERE: _________.

16.     ATTORNEYS'  FEES.  In the event that the parties have complied with this
        ----------------
Agreement  with respect to arbitration of disputes and litigation ensues between
the  parties  concerning  the  enforcement  of  an  arbitration award, the party
prevailing  in such litigation shall be entitled to receive from the other party
all reasonable costs and expenses, including without limitation attorneys' fees,
incurred  by  the  prevailing  party in connection with such litigation, and the
other  party  shall pay such costs and expenses to the prevailing party promptly
upon  demand  by  the  prevailing  party.

17.     APPLICABLE  LAW.  This  Agreement  shall be construed and enforced under
        ---------------
and in accordance with the laws of the State of Georgia.

18.     INTERPRETATION.  Words  importing any gender include all genders.  Words
        --------------
importing  the singular form shall include the plural and vice versa.  The terms
"herein",  "hereunder", "hereby", "hereto", "hereof" and any similar terms refer
to  this  Agreement.  Any captions, titles or headings preceding the text of any
article,  section  or  subsection herein are solely for convenience of reference
and  shall  not  constitute  part  of  this  Agreement  or  affect  its meaning,
construction  or  effect.

19.     ENTIRE  AGREEMENT.  This  Agreement  embodies  the  entire  and  final
        -----------------
agreement  of  the  parties  on the subject matter stated in this Agreement.  No
amendment  or  modification of this Agreement shall be valid or binding upon the
Employer  or  the  Executive  unless made in writing and signed by both parties.
All  prior  understandings and agreements relating to the subject matter of this
Agreement  are  hereby  expressly  terminated.

                                       12
<PAGE>
20.     RIGHTS  OF  THIRD  PARTIES.  Nothing  herein expressed is intended to or
        --------------------------
shall  be  construed to confer upon or give to any person, firm or other entity,
other  than  the  parties  hereto  and  their  permitted  assigns, any rights or
remedies  under  or  by  reason  of  this  Agreement.

21.     SURVIVAL.  The  obligations  of the Executive pursuant to Sections 5, 6,
        --------
7,  8  and  9  shall  survive the termination of the employment of the Executive
hereunder  for  the  period  designated under each of those respective sections.

     IN  WITNESS  WHEREOF,  the  Employer  and  the  Executive have executed and
delivered  this  Agreement  as  of  the  date  first  shown  above.

                                         FLINT RIVER BANCSHARES, INC.

                                         By:  /s/ Joe B. Bostick, Jr.
                                              ---------------------------------
                                              Signature

                                              Joe B. Bostick, Jr.
                                              ---------------------------------
                                              Print Name

Attest: /s/ Taylor D. Bankston                Chairman of the Board
        ------------------------------        ---------------------------------
        Secretary                             Title
        Board of Directors

                                         /s/ Harry N. Park
                                         --------------------------------------
                                         HARRY  N.  PARK

                                         Date: September 8, 2003
                                              ---------------------------------

                                       13
<PAGE>
                                  EXHIBIT "A"
                                  -----------
                              POSITION DESCRIPTION
                             CHIEF EXECUTIVE OFFICER

FUNCTION:
--------

     The  Chief  Executive  Officer  has  responsibility  for  management of all
     aspects of the Employer to ensure maximum profits within the best interests
     of the shareholders, customers, employees and the community. In conjunction
     with  the  Board  of Directors of the Employer, the Chief Executive Officer
     has  responsibility  for  the formation and maintenance of capital, capital
     expenditures,  acquisition and/or disposition of assets and the declaration
     of  dividends.

     The Chief Executive Officer is responsible for the planning, implementation
     and control of long-term objectives subject to the approval of the Board of
     Directors  of  the  Employer.  The  Chief  Executive  Officer  develops and
     maintains organizational structure, hires competent personnel and plans for
     management succession with the concurrence of the Compensation Committee of
     the  Board  of  Directors.  The  Chief  Executive Officer coordinates major
     activities  through  subordinates,  approves  budgets  and  evaluates
     Employer-wide  operations  under  the  guidance  of the Board of Directors.

     The  Chief  Executive  Officer  provides leadership in establishing overall
     objectives,  policies  and  plans. The Chief Executive Officer develops the
     pricing  and  investment policies in conjunction with various committees of
     the  Board  of Directors. The Chief Executive Officer reviews financial and
     operating  statements,  and  determines  adequacy  of  reserves  and  makes
     recommendations  to  the  Board  of  Directors  of  the  Employer.

     The  Chief  Executive Officer maintains relationships with customers, peers
     within  the  banking  community,  employees,  the Board of Directors of the
     Employer  and  regulators.  The  Chief Executive Officer is responsible for
     implementing  the overall marketing plan for the Bank under the guidance of
     the  Board  of  Directors  of  the Employer. The Chief Executive Officer is
     responsible  for  shareholder  relationships  and  planning  the  annual
     shareholders'  meeting.

     The  Chief  Executive  Officer  acts as the principal representative of the
     Employer  with  the  press,  other  businesses,  community  and  industry
     associations  and  government  agencies.

     The  Chief  Executive  Officer  serves as a member of all committees of the
     Board of Directors of the Employer, except the audit committee.

REPORTS  TO:
-----------

The Chief Executive Officer reports to the Board of Directors of the Employer.

                                       A-1
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}]]