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Press Release

BOB ITTNER APPOINTED EXECUTIVE VICE PRESIDENT, LENDING FOR TEXAS GULF BANK, N.A.

HOUSTON, TX, May 17, 2011: Bob Ittner has been appointed Executive Vice President of Lending for Texas Gulf Bank, N.A. - Houston, an independently owned and operated bank established in 1913.

Ittner brings 40 years of experience in lending, management, policy and planning and has served at the senior management level at both major financial institutions and community banks. Prior to joining Texas Gulf Bank Houston, Ittner spent 12 years with Bank of Texas- West University and its predecessor bank where he was the President of that location. Before Bank of Texas-West University he served as Senior Vice President for River Oaks Bank/Compass Bank for 16 years.

"We are thrilled to have Bob in this new role,” stated Rich Jochetz, President of Texas Gulf Bank. "He is a pioneer in this industry. His vast banking industry expertise, commitment, customer focus, and deep ties to the Houston community are a perfect fit with Texas Gulf Bank's long-term goals. As Executive Vice President, Lending, Bob will help the bank grow by expanding our commercial lending portfolio further strengthening our ties to Houston's business community.”

Ittner earned both a BBA and an MBA from the University of Texas, Austin. He is active in numerous charitable organizations and served in many leadership roles including the Archway Academy - Director, Finance Chair; Upper Kirby District - Director, Chairman; Stella Link Redevelopment-Director, President; and Diverse Works - Director, Chairman.

About Texas Gulf Bank

Texas Gulf Bank is an independently owned and operated community bank that offers a full range of personal and business banking services, personal and business loans, cash management services, trust services, and wealth management, through eight locations in Brazoria County, Galveston County, and Harris County, Texas. Established in 1913 in Freeport, Texas, the bank has a reputation for strength, stability and prudent capital management. Texas Gulf Bank's capital far exceeds regulation guidelines and they have a substantial loan capacity. Texas Gulf Bank holds a four star Safe & Sound rating from Bankrate.com and a five star rating from BauerFinancial. For more information, visit http://www.texasgulfbank.com/.

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