Board of Governors of the Federal Reserve System

FRYJJ OMS tlumber 7100-0297 Approval vplm Nowml>tr 30, 2019 Ptgt 1 of2

Annual Report of Holding Companies-FR Y-6

Report at the close of business as of the end of fiscal year This Report Is required by law: Section 5(c)(1)(A) of the Bank This report form Is to be filed by all top-tier bank holding compa• Holding Company Act (12 U.S.C. § 1844(c)(1)(A)); aectfona B(a) nles, top-tier savings and loan holding companies, and U.S. Inter-and 13(a) of the lntematlonal Banking Act (12 U.S.C. §§ 3106(a) mediate holding companies organized under U.S. law, and by and 3108(a)); sections 11(a)(1), 25, and 25A of the Federal any foreign banking organization that does not meet the require-Reserve Act (12 U.S.C. §§ 248(e)(1), 602, end 611a); and sec- ments of and Is not treated as a queltfylng foreign banking orga-tlons 113,165, 312, 618, end 809 of the Dodd-Frank Act (12 U.S.C. nlzation under Section 211.23 of Regulation K (12 C.F.R. § §§ 5381, 5385, 5412, 1850a(c)(1), and 5468(b)(1)). Return to the 211.23). (See page one of the general 1'111trucuons for more detail appropriate Federal Reserve Bank the ortglnal and the number of of who must file.) The Federal Reserve may not conduct or spon-coples specified. sor, and en organization (or a person) Is not required to respond

to, an Information collecUon unless It displays e currently valid 0MB control number.

NOTE: The Annual Report of Holding Companies must be signed by one director of the top-tier holding company. This Individual should also be II senior offlctal of the lop-tier holding company. In the event that the top-tier holding company does not have an Individual who Is a senior official and Is also a director. the chairmen or the board must sign the report. If the holding company Is an ESOP/ESOT formed as e corporation or Is an LLC, see the General Instructions ror the authorized lndlvldual who must sign the report. I.ERIN B WATSON

Name cf the Holding COIIIP'ny Dlnlcior 111d Olllclal

CFO llllt ol lht Holding Company Dkoctor and Ofllclal

attest that the Annual Report of Holding Companies (including the supporting attachments) for this report data has been pre­pared In conformance with the Instructions Issued by the Federal Reserve System and are true and correct to tha best of my knowledge and belief.

With respect to Information regarding /ndlv/dua/s contained In this report, the Reporter certifies that It hes the authority to provide this Information to the Federal Reserve. The Reporter also certifies that It ha, the euthority, on behalf of each lndlvldue/, to consent or object to public releese of information regarding that individual. The Federal Reserve msy assume, In the absence of B request for confidontlel treetment submitted In accordance with the Board's "Rules Regarding Avalfab/11/y of lnformeUon, • 12 C.F.R. Part 261, that the Reporter amt. lnd/vldue/ consent to pub'lc release of all d all~ in e re ort concerning that Individual.

For ho/ding companies rui1 registered with the SEC-Indicate atatus of Annual Report to Shsrehotders:

lg] Is Included with the FR Y-6 report 0 win be sen1 under sep11r11te cover 0 le not prepared

For Federal Reaerve Bank Use Only

RSSD ID C.I.

Date of Recort ttnn.tJer holding company's fiscal year-end): December 3~1~,-2.Pw.-.18 ...... _________ _

ff1U41l11 I UWf I 1 .II(

Ropcru,1'1 Loglll Entity ld111Uner (LEI) (20-Cl\a,_ew LEI Cede)

Reporter's Name, Street, and Malllng Address

ALAPAHA HOLDING COMPANY Ltoal llUa or Ho!dlrlo Company

201 WMARION AVE (M1lllngAddm1 or Ille Holdlng Compar,y) Slrltl/ P.O. !IOx

NASHVILLE GA 31639 __ City Slalo Zip Code

l"i A: Phylk:II LocaUon (W dllf111nt from mating addretl) .

Per.ion to whom quesUons about this report should be directed: ERIN B WATSON ...:.C.;...FO~------Namt 229-686-7491 Ar9• Code I Phone Number/ Exttnllotl

229-686-7161

llUo

Area Cede TFAX Numbel

ewatsorl@bankofalapaha.com E-mal1Add1111 www.bankofalapaha.com Addreaa (URL! for lh1 Holding Company'• web page

la confidenUal treatment requealed for any portion of O•No this report submission? ................ ................... . ..,1_•Y_es......._ _ _, In accordance with Iha General Instructions for this report (checlt only one),

1. a letter ju1Ufying thl1 request 111 being provided along with the report ..... ................. .......... .. ... ... ...... .......... D

2. 1 letter justifying thl11 requeat ha11 been provided Iep■rately •.. D NOTE: lnformaUon for which confidenttal 1/oatment Is being requested

mu■t be provided aoparataly and labeled a■ •c:onlldentl■I."

Pubic 11por11ng blwen rar lhlt lnlormallon ccllldlon II utlmalad to vary ltom U 10 101 houn per ra1pon1e, with an ..,11110• r:I uo hlNII pw rwaponn, nc:ludillQ 1me to gather 11'111 maintain dllla In lht 19q11lred lotm and lo review ln11Ndlo.'1 and complelo \ht Wormatlon collec:tlcn. Stnd commenll teoa,dln; thla burden Ulffllll llt IIIIY ouw Hpect Cl( 1h11 colfflloll 1/l lnlormallon, N:ludlno ltlggHllonl lor 19Ckx:fng 1111, burden lo: &aawla,y, Board cl Gov"110f1 Of 1111 Fll<faral RIHtlll Sy■\em, 201h end C Sv..t,, rm. Wllllington, DC 20551, 111d 10 11w Ob cl ManaQoment and Budge!, PapelWOrll ReduCUon Prc)lcl (7100-0297), V..~IOII. OC 20503. 03/2018

FORM FR Y-6

ALAPAHA HOLDING COMPANY ALAPAHA, GEORGIA

FISCAL YEAR ENDING DECEMBER 31, 2017

REPORT ITEM 1: Annual Report to Shareholders-

The bank holding company prepares an annual report for its securities holders and is not registered with the SEC. As specified by the appropriate Reserve bank, 2017 copies are included. (See Attachment #1).

REPORT ITEM 2a: Organization Chart-

• (1) ALAPAHA HOLDING COMPANY (2) LEI NIA (3) 245 NE Railroad Street, Alapaha, Georgia 31622 ( 4) Incorporated in the State of Georgia (5) - (6) The Alapaha Holding Company owns 100% of the stock of the Bank of Alapaha

o (1) BANK OF ALAPAHA (2) LEI NIA (3) 245 NE Railroad Street, Alapaha, Georgia 31622 ( 4) Incorporated in the State of Georgia (5)- (6) Owned 100% by the Alapaha Holding Company

REPORT ITEM 2b: Domestic Branch Listing-

• Bank of Alapaha Opened in March of 1905

245 NE Railroad Street, Alapaha, Berrien County, Georgia, United States of America, 31622 Full Service Branch

• Bank of Alapaha- Enigma Branch Opened in 1973

615 Main Street, Enigma, Berrien County, Georgia, United States of America, 317 49 Full Service Branch

• Bank of Alapaha- Nashville Branch Opened in 1976

FORMFRY-6

ALAPAHA HOLDING COMPANY ALAPAHA, GEORGIA

FISCAL YEAR ENDING DECEMBER 31, 201s

201 West Marion Avenue, Nashville, Berrien County, Georgia, United States of America, 3163 9 Full Service Branch

• Cook Community Bank- A Division of the Bank of Alapaha Opened in March of 2002 204 East Fourth Street, Adel, Cook County, Georgia, United States of America, 31620 Full Service Branch

REPORT ITEM 3: Securities Holders-

Marguerite J. Gaskins Trust Alapaha, Georgia, United States of America Citizenship: United States of America 2200 shares, 6.33% Ownership/Voting Securities

REPORT ITEM 4: Insiders-

See attached report. (Attachment #2).

Report Item 3(2)

N/A

I (2) Principal

Occupation, if

(1) Name, City and other than Holding (a) Holding

State/country Company Company

Rickey Carter,

Nashville, GA, USA Entrepreneur Director

Luther L. Duke, Ill

Adel, GA, USA Entrepreneur Director

James R. Gaskins,

Alapaha, GA, USA N/A Director

Cecil W. Hill, Nashville,

GA, USA N/A Director

Kenneth E. Hughes,

Nashville, GA, USA N/A President

Tommy Lee, Nashville, Farmer & GA, USA Entrepreneur Director

Steve McMillan,

Enigma, GA, USA Farmer Director

C. Dane Perkins,

Nashville, GA, USA Judge Director

FORM FR Y-6

ALAPAHA HOLDING COMPANY- ALAPAHA, GEORGIA

FISCAL YEAR ENDING DECEMBER 31, 2017

A h #2 ttac ment

Report Item 4: Insiders Pa e_ I c~Z... C1

"1

(3) Title or position: (4) % of each class of voting securities owned, controlled, or

(b) Direct and (b) Direct (c) Any other Company if 25%+

indirect (c) Any other (a) Holding and indirect of voting securities or interest

subsidiaries Company Company subsidiaries are held

Director- Bank Nashville Tractor,

of Alapaha Inc.- CEO Less than 1% None Nashville Tractor, Inc.- 100%

Adel Ice Company,

Inc.- CEO; Hopeful Adel Ice Company, Inc.- 100%

Director- Bank Ice of South Georgia, Hopeful Ice of South Georgia,

of Alapaha Inc.- CEO Less than 2% None lnc.- 100%

Director- Bank

of Alapaha N/A Less than 2% None N/A

Director- Bank

of Alapaha N/A Less than 1% None N/A

President & CEO N/A Less than 1% None N/A

Lee Farm Supply,

Director- Bank LLC- Managing

of Alapaha Member Less than 1% None Lee Farm Supply, LLC- 100%

Berrien Peanut Co.-

CEO; Southern

Director- Bank Grace Farms, Inc.- Berrien Peanut Co- 50%;

of Alapaha CEO Less than 1% None Southern Grace Farms- 50%

Troutdale

Corporation- CEO;

Director- Bank Perkins Warehouse, Troutdale Corporation- 100%;

of Alapaha lnc.-CEO Less than 3% None Perkins Warehouse, Inc.- 100%

Sylvia L. Roberts,

Alapaha, GA, USA N/A Director

Daniel L. Studstill-

Nashville, GA, USA Attorney Director Erin B. Watson,

Nashville, GA, USA N/A N/A

FORM FR Y-6

ALAPAHA HOLDING COMPANY- ALAPAHA, GEORGIA

FISCAL YEAR ENDING DECEMBER 31, 2017

Attachment #2 Alapaha Station

Director- Bank Celebration, Inc.-

of Alapaha CEO Less than 1%

Daniel L. Studstill, PC

CEO; Studstill Firm,

LLP.- Member;

Managers of

Dogwood Centre

Director- Bank Partners, LLC.-

of Alapaha Member Less than 1% CFO- Bank of

Alapaha N/A None

None None

Daniel L. Studstill, PC.- 100%;

Studstill Firm, LLP.- 50%;

Managers of Dogwood Centre

None Partners, LLC.- 33.33%

None None