Federal Deposit
Insurance Corporation

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   [¶11,905] In the Matter of Tammy Kash, First Security State Bank, Cranfills Gap, Texas, Docket Nos. 01-086e and 01-133k (03-29-02).

   Respondent prohibited from participating in the conduct of affairs of, or exercising voting rights in, any insured institution without the prior written approval of the FDIC.

   [.1] Prohibition, Removal or Suspension—Prohibition From—Participation in Conduct of Affairs

   [.2] Prohibition, Removal or Suspension—Prohibition From—Voting Rights, Exercise of

   [.3] Civil Money Penalty—Indemnification Prohibited

In the Matter of
TAMMY KASH,
individually,and as an institution-affiliated party of
FIRST SECURITY STATE BANK
CRANFILLS GAP, TEXAS
(Insured State Nonmember Bank)
ORDER OF PROHIBITION FROM FURTHER PARTICIPATION AND CIVIL MONEY PENALTY

FDIC-01-086e
FDIC-01-133k

   Tammy Kash ("Respondent") has been advised of the right to receive a NOTICE OF INTENTION TO PROHIBIT FROM
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   FURTHER PARTICIPATION ("NOTICE") issued by the Federal Deposit Insurance Corporation ("FDIC") detailing the violations, unsafe or unsound banking practices, and/or breaches of fiduciary duty for which an ORDER OF PROHIBITION FROM FURTHER PARTICIPATION AND CIVIL MONEY PENALTY ("ORDER") may issue, and has been further advised of the right to a hearing on the alleged charges under 12 U.S.C. §1818(e) and 12 U.S.C. §1818(i) of the Federal Deposit Insurance Act ("Act"), and the FDIC's Rules of Practice and Procedure, 12 C.F.R. Part 308. Having waived those rights, the Respondent entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF AN ORDER OF PROHIBITION FROM FURTHER PARTICIPATION AND CIVIL MONEY PENALTY ("CONSENT AGREEMENT") with a representative of the Legal Division of the FDIC, whereby solely for the purpose of this proceeding and without admitting or denying any violations, unsafe or unsound banking practices, and/or any breaches of fiduciary duty, Respondent consented to the issuance of an ORDER by the FDIC.

   The FDIC considered the matter and determined it had reason to believe that:

   (a) The Respondent has engaged or participated in alleged violations, unsafe or unsound banking practices, and/or breaches of fiduciary duty as an institution-affiliated party of the First Security State Bank, Cranfills Gap, Texas ("Bank");

   (b) By reason of such alleged violations, practices and/or breaches of fiduciary duty, the Bank has suffered financial loss or other damage, the interests of the Bank's depositors have been prejudiced and Respondent received financial gain; and

   (c) such alleged violations, practices and/or breaches of fiduciary on the part of the Respondent demonstrate the Respondent's willful and/or continuing disregard for the safety or soundness of the Bank.

   The FDIC further determined that such alleged violations, practices and/or breaches of fiduciary duty demonstrate the Respondent's unfitness to serve as a director, officer, person participating in the conduct of the affairs or as an institution-affiliated party of the Bank, any other insured depository institution, or any other agency or organization enumerated in 12 U.S.C. §1818(e)(7)(A). Furthermore, the FDIC, after taking into account the CONSENT AGREEMENT, the appropriateness of the penalty with respect to the financial resources and good faith of the Respondent, the gravity of the alleged violations by Respondent, the history of previous violations by Respondent, and such other matters as justice may require, the FDIC accepted the CONSENT AGREEMENT and issued the following:

   1. Tammy Kash is hereby, without the prior written approval of the FDIC and the appropriate Federal financial institutions regulatory agency, as that term is defined in 12 U.S.C. §1818(e)(7)(D), prohibited from:

   [.1](a) participating in any manner in the conduct of the affairs of any financial institution or organization enumerated in 12 U.S.C. §1818(e)(7)(A);

   [.2](b) soliciting, procuring, transferring, attempting to transfer, voting, or attempting to vote any proxy, consent or authorization with respect to any voting rights in any financial institution enumerated in 12 U.S.C. §1818(e)(7)(A);

   (c) violating any voting agreement previously approved by the appropriate Federal banking agency;

   (d) voting for a director, or serving or acting as an institution-affiliated party;

   [.3](e) Assessed a penalty of $1,000.00, payable in certified funds to the Treasury of the United States; and

   (f) Respondent is further prohibited from seeking or accepting indemnification from any insured depository institution for the civil money penalty assessed and paid in this matter.

   2. This ORDER will become effective ten (10) days after its issuance. The provisions of this ORDER will remain effective and enforceable except to the extent that, and until such time as, any provision of this ORDER shall have been modified, terminated, suspended, or set aside by the FDIC.

   Pursuant to delegated authority.