For release: Dec. 22, 2003

Contact:	Charles Henderson
	Office:	(314) 444-8311
	E-mail:	charles.b.henderson@stls.frb.org
	Mobile:	(314) 609-5972
	Pager:	(314) 538-9526
Online Press Room:		www.stlouisfed.org/news/press_room/contact.html

Small Re-Elected, Yarnell Elected to St. Louis Fed Board

St. Louis — Bradley W. Small, president and chief executive officer of The Farmers and Merchants National Bank in Nashville, Ill., has been re-elected to a three-year term on the board of directors of the Federal Reserve Bank of St. Louis. Small is also a member of the Community Bankers Association, the Illinois Bankers Association, the American Bar Association, and the Illinois State Bar Association.

A. Rogers Yarnell II, president of Yarnell Ice Cream Co. in Searcy, Ark., has been elected to a three-year term on the St. Louis Fed's board of directors. He previously served as a member of the board of directors of the St. Louis Fed's Little Rock Branch. Yarnell is also a member of the executive advisory board of the University of Arkansas School of Business, a founding member of the marketing council of the International Ice Cream Association, and a member of the selection committee for the Arkansas Business Hall of Fame.

With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. The St. Louis Fed is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, and provides payment services to financial institutions and the U.S. government.

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