For Immediate Release

DEPPING JOINS Main Street Bank

KINGWOOD, TEXAS , November 2, 2004 - Main Street Bank, Kingwood, Texas announced that an investor group led by Thomas Depping has made an investment of over $21 million in the Bank. Main Street will use these funds to capitalize its new equipment leasing division to provide funding to equipment leasing companies and lease brokers on a national basis.

As a result of the transaction Depping was elected Chief Executive Officer and Chairman of the Board of Directors of the Bank.

Depping has been active in the equipment leasing industry for over 22 years. In 1994 he founded publicly traded First Sierra Financial, Inc. which was acquired by American Express in 2001. Prior to 1994 he served as President of Sun America, Inc's equipment leasing subsidiary.

Depping stated: "We are excited about the opportunity to serve the needs of the equipment finance industry. As part of a strong financial institution we are able to provide the industry with favorable pricing and prompt application approval".

Further, he said: "As we develop our national presence in the equipment leasing industry Main Street Bank will truly become ' America 's Small Business Bank.'"

Main Street Bank was formed in 1984 and currently serves the Texas market.

http://www.uael.org/
http://www.elaonline.com/
http://www.eael.org/
http://www.monitordaily.com/index.asp
http://www.naelb.org/