THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Summit Bancshares, Inc. (SBIT)

3/24/2006 Proxy Information

LOANS

Certain directors, officers and shareholders of the Corporation and their affiliates are customers of the Corporation. Accordingly, such persons have deposit accounts with the Corporation, and the Corporation makes loans or extends credit to such persons in the ordinary course of its business. All loans or other extensions of credit made by the Corporation to directors, officers and shareholders of the Corporation and their affiliates were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with independent third parties and did not involve more than the normal risks of collectibility or present other unfavorable features. The Corporation expects to continue to enter into such transactions in the ordinary course of its business, and such transactions will be subject to the insider lending restrictions of Section 22(h) of the Federal Reserve Act and the requirements of Section 13(k) of the Securities Exchange Act.

OTHER TRANSACTIONS

During the CorporationÕs fiscal year ended December 31, 2005, the Corporation retained Barlow Garsek & Simon, LLP to perform legal services. Elliott S. Garsek, a director of the Corporation, is a shareholder of Barlow Garsek & Simon, LLP. During 2005, the Corporation also engaged Coldwell Banker Commercial Š Kelly, Geren & Searcy, Inc. as real estate brokers or advisors in connection with certain real estate transactions. Byron B. Searcy, a director of the Corporation, is a commercial real estate broker affiliated with Coldwell Banker Commercial Š Kelly, Geren & Searcy, Inc. In addition, the Corporation engaged The Rigg Group, Inc. during 2005 as a broker to place certain property and casualty insurance coverage. The Corporation also has a contract with The Rigg Group, Inc. to assist in providing property and casualty insurance products to the CorporationÕs customers. William W. Meadows, a director of the Corporation, is an executive of The Rigg Group, Inc.

3/18/2005 Proxy Information

During the CorporationÕs fiscal year ended December 31, 2004, the Corporation retained Barlow Garsek & Simon, LLP to perform legal services. Elliott S. Garsek, a director of the Corporation, is a shareholder of Barlow Garsek & Simon, LLP.

During 2004, the Corporation also engaged Kelly, Geren & Searcy, Inc. as real estate brokers or advisors in connection with certain real estate transactions. Byron B. Searcy, a director of the Corporation, is a commercial real estate broker affiliated with Kelly, Geren & Searcy, Inc.

The Corporation engaged Wm. Rigg Insurance Co. during 2004 as a broker to place certain property and casualty insurance coverage. The Corporation also has a contract with Wm. Rigg Insurance Co. to assist in providing property and casualty insurance products to the CorporationÕs customers. William W. Meadows, a director of the Corporation, is an executive of Wm. Rigg Insurance Co.

Mr. Gunn retired from Summit Bancshares, Inc. as an employee on December 31, 1997. He holds or has held the following positions with Summit Bancshares: Vice Chairman from October 1993 to January 1998 and President from January 1990 to January 1993.