June 3, 2002

Reporters may contact:
MiLisa Gaertner at State Bank (979) 968-7256
milisa.gaertner@statebanktx.com

Richard Leaf has joined State Bank as Vice President of Credit and Operations, for the Working Capital Finance Group. He will serve as the group's senior officer and will manage the implementation of the bank's entre into Asset Based Lending, "ABL". Leaf has been assigned to operate the new Loan Production Office in North Austin at Mopac and Duval.

"Richard's successful track record in Asset Based Lending along with his in depth knowledge will play a crucial role in the expansion of State Bank's, Working Capital Finance Group" said Don Stricklin. " This area of the bank has grown considerably and with Richard's help we will meet and exceed projections for 2002."

Most recently, Richard worked for Transamerica's Small Business Capital Group. While at Transamerica, he was responsible for Sales Management with Transamerica's Distribution Finance Division in Chicago, Illinois for almost twenty years. With several years of experience in Asset Based Lending, Richard was also part of a senior management team that started the ABL group for Transamerica.

Richard is a graduate from the University of Houston.

About State Bank:

State Bank™ is bringing a whole new brand of banking to central Texas. We're preserving and promoting the spirit of community banking and providing all the latest services found in mega-financial institutions. State Bank continues to expand with 14 banking centers and counting. We offer a full range of business and personal banking services that address the needs of families and business both today and tomorrow. In choosing State, you'll find everything from online banking, free checking, home loans, credit cards as well as a complete range of business banking services.

Based in La Grange, Texas, State Bank™ a subsidiary of Texas United Bancshares, recently consolidated with Central Texas Bank. State Bank recently reached $425 million in assets upon finalization of the consolidation on February 15, 2002.

Our History:

For generations State Bank™ has been part of the heritage of Texas. Beginning in 1865 when John Schumacher's general store opened for business and then converted to a private bank in 1868. Over the decades State Bank has grown steadily, meeting head-on the financial challenges presented more than once in Texas banking history with an unfaltering spirit. Today, State Bank™ has grown into a $500 million financial institution with banking centers located throughout central Texas.

All Around. Great Banking.

More than ever, families and businesses from a diverse range of Texas communities are choosing State Bank™ as their financial partner. In banking with us, they know they are more than just a number and that real people committed to serving their needs is what State Bank™ is all about. Caring, working and delivering, not just once in a while, but every day for every customer.