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Mr. Nocella a director of Franklin Bank Corp. since April 2002 is our President and Chief Executive Officer and is the Chairman Chief Executive Officer and President of Franklin Bank SSB. Mr. Nocella was co-founder Vice Chairman and director of Bank United Corp. and was Chief Financial Officer of Bank United from its inception in 1988 until its merger with Washington Mutual in February 2001. He founded and managed commercial banking financial markets (mortgage banking and capital markets) and was Chairman of the brokerage division of that bank. Mr. Nocella directed the issuance of the first commercial mortgage-backed bonds (REMIC) and the first single-family residential REMIC issued by Salomon Brothers and FNMA and brought three companies public Bank United Corp. (1996) PSFS (1983) and Humana Inc. formerly American Medicorp Inc. (1970). From 1981 to 1987 Mr. Nocella served as Executive Vice President and Chief Financial Officer of Meritor Financial Group as well as President and founder of its commercial banking/financial markets arm Meritor Financial Markets. During his 13 years at Meritor (1974 to 1987) he also served as President of PSFS Management Company the holding company of The Philadelphia Saving Fund Society the nation’s largest savings institution at the time. Mr. Nocella’s other positions have included Controller and Director of Financial Services for American Medicorp Inc. Senior Managing Auditor and Consultant for KPMG Peat Marwick and adjunct professor of finance at St. Joseph’s University and Drexel University. Mr. Nocella a Certified Public Accountant received an undergraduate degree in accounting from LaSalle University and an M.B.A. in computer science and finance from Temple University. He also completed the Graduate Bank Financial Management Program of the Wharton School at the University of Pennsylvania. Mr. Nocella is a director of the America’s Community Bankers Past Chairman and a director of the Texas Savings and Community Bankers Association and delegate Past President and Key Member of the Financial Executives Institute. Mr. Nocella also serves on the National Association of Home Builders Mortgage Roundtable. | 