Citizens Bank of West Virginia

News: Current

May 10, 2005

Derbyshire Named Executive Vice President

Naming an experienced banker from within the ranks of its organization, Citizens National Bank announces the appointment of Thomas K. Derbyshire as the new Executive Vice President of Citizens National Bank.

Derbyshire joined Citizens National Bank in 1991 as comptroller and has served as Vice President/Comptroller, Vice President/CFO and Senior Vice President/CFO. Prior to moving to Elkins, he worked for public accountant firms in Philadelphia, PA and Princeton, NJ, and formerly served as controller for Lowndes Bank in Clarksburg and United Bank in Parkersburg.

In making the announcement, President & CEO William T. Johnson, Jr. stated: “We are indeed fortunate to have a professional with the skills of Tom Derbyshire be our new EVP. His experience in senior management and the bank’s finances and investments make him the ideal person to assume the new position. He has a forthright business perspective that will enhance his responsibility of overseeing the day-to-day operations of Citizens National Bank.”

Derbyshire graduated from Delhaas High School in Bristol, PA. He earned his undergraduate degree at Rider College in Lawrenceville, NJ, graduating magna cum laude with a B.S. in Commerce and Accounting. A summa cum laude graduate of West Virginia University’s masters program, he holds an M.S. in agriculture economics - completing a thesis on the impact of branch banking in rural economies of West Virginia.

Expanding his banking education, Derbyshire graduated from the WV School of Banking, Graduate School of Banking at the University of Wisconsin, and AICPA School of Banking at the University of Virginia. He has earned a CPA designation and is Member AICPA, WVSCPA.

Currently a member of the board of directors of Youth Health Service, he has served on the board of directors of the Harrison County YMCA and Elkins Randolph County YMCA. Married to Sue Derbyshire, he is a member of the St. Brendan’s Catholic Church and Knights of Columbus Third Degree Member.

In his executive role, Derbyshire will still continue to serve as Citizens’ chief financial officer. “I am honored to assume the position of executive vice president of Citizens National Bank,” commented Derbyshire. “Since joining Citizens, I have been impressed with its business strategy and look forward to helping Citizens continue to build on the successes that have made this bank a financial leader.”

Citizens National Bank is a $218 million bank with offices in Elkins, Parsons, Beverly, Petersburg, Snowshoe and Marlinton. It is a subsidiary of Citizens Financial Corp. thriving as a full service commercial bank with trust and investment services.

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