First M&F Corp.

Mr. Potts has been the Chairman of the Board and CEO of the Company since 1994. He served as Vice Chairman from 1983 to 1993 and Vice President from 1979 to 1983. He has been a director of the Company since 1979.

Mr. Wiggers was named Vice-Chairman of the Board in December 2008. Mr. Wiggers has been the President of the Company since 1988. He also served as the Chief Operating Officer and Corporate President of M&F Bank until December 2008. He has been a director of the Company since 1983.

EVP & Chief Credit Officer, M&F Bank since February 17, 2009; President, Community Church Capital from May 2008 through December 2008; President, Therizo Capital from October 2006 through December 2008; President, Foundation Capital Resources from January 2006 through September 2006; Vice President, Foundation Capital Resources prior to January 2006

EVP & Chief Financial Officer, First M&F Corporation and M&F Bank since May 2004; Consultant, November 2000 to April 2004

Mr. Cheek is the President of J.C. Cheek Contractors, Inc., as well as a Member of Techno Catch, LLC. He has been a director of the Company since 2004. He is a member of the Audit Committee of the Board of Directors.

Mr. Ivey is the President of Ivey National Corporation, a holding company for various businesses. He has been a director of the Company since 1979. He is a member of the Audit Committee of the Board of Directors.

Mr. Tims is currently the President of LT Corporation. He served as President of First Bolivar Capital Corporation through 1998. He has been a director of the Company since 2000.

Mr. Love is a Principal in Greengate Capital, LLC and Greengate Partners, LLC. Mr. Love is the founder and former CEO of Lanworth, Inc., a timber management technological organization. Previous to beginning this company in 2000, he worked in software development for both DuoDesign LLC and Accenture. Mr. Love has been a director of the Company since 2008. Mr. Love is a member of the Audit Committee of the Board of Directors.

Mr. Crocker is currently retired. He worked as a Business Development Officer for M&F Bank from 1999 to 2005. He also served as the Chairman and CEO of the M&F Bank branch in Bruce, Mississippi from 1995 to 1999. He has been a director of the Company since 1996.

Mr. Sams is a shareholder of Mitchell, McNutt & Sams, P.A., a law firm. He has been a director of the Company since 2000.

Mr. Terrell has been the President and CEO of Ivey Mechanical Company since January 2003. Prior to this, he was the President of Encompass Mechanical Services, S.E. He has been a director of the Company since 2004.

Mr. Nelson has been the President of M. Nelson & Associates, Inc. since April 2001. He worked as a consultant from January 2000 to April 2001. He served as President of the Forsythe Solutions Group until January 2000. He has been a director of the Company since 2004.

Mr. Sanders is currently the President and CEO of Jimmy Sanders, Inc., a company involved in the sale of seed, grain, chemicals and fertilizer. He has been a director of the Company since 2000.

Mr. Ritter is the former President of The Attala Company, a feed manufacturing company. He has been a director of the Company since 1979. He is a member of the Audit Committee of the Board of Directors. Mr. Ritter is a Director of Sanderson Farms, Inc.

Mr. Potts has been the Vice President-Corporate Planning, Performance & Risk Management for M&F Bank since July 2008. Mr. Potts was a Vice President in Commercial Lending of M&F Bank from March 2004 to July 2008. He was a Credit Review Officer with M&F Bank from June 2003 to February 2004. Between February 2002 and May 2003, he was employed with Regions Bank as a Management Associate. He has been a director of the Company since 2007.

Mr. Hall is the former President of Thomas-Walker-Lacey, a retail discount store. He has been a director of the Company since 1984. He is a member of the Audit Committee of the Board of Directors.