IMMEDIATE RELEASE:  Carlinville, IL., May 15, 2024

The stockholders of CNB Bank Shares, Inc. held their annual meeting on Tuesday, May 14th, at CNB’s corporate headquarters in Carlinville.  In addition to receiving a report on the past year’s performance, stockholders reelected the incumbent board of directors for the ensuing year.

Reelected to the parent company’s board were James Ashworth, Judith Baker, Shawn Davis, Nancy Ruyle, Richard Walden, Andrew Tinberg, and Spencer Cohn.

At a subsequent organizational meeting of the company on May 14th, Richard Walden was reelected by the board to serve as Chairman.  The officers of the company were reappointed to their current positions, including Ashworth as President, Tinberg as Executive Vice President, Davis as Senior Vice President, Tom DeRobertis as Vice President, and Diana Tone as Vice President & Chief Financial Officer.  Ruyle was named as Corporate Secretary.

The board of the subsidiary, CNB Bank & Trust, N.A., was also reelected.  The Bank’s board consists of Walden (Chairman), Ashworth, Baker, Davis, Ruyle, Jim Salske, Joe Heitz, Rick Champley, Kyle Schumacher, and Tinberg. Pete Genta and George Yard were recognized for their 20 years of dedicated service on the Board of Directors, following their recent retirement from these roles.

The officers of the Bank were reappointed to their current positions, including Tinberg as President and CEO, and Executive Officers Tom DeRobertis, Maureen Oswald, Diana Tone, Darlene Ward, Chris Williams, and Matthew Cors.

CNB Bank & Trust has full-service facilities in 17 communities, namely: Alton; Brighton; Carlinville; Carrollton; Chapin; Clayton, MO; Edwardsville/Glen Carbon; Hillsboro; Jacksonville; Jerseyville; Litchfield; Oak Forest; Palos Heights; Pittsfield; Taylorville; Tinley Park; and Virden. In addition to traditional loan and deposit banking services, CNB provides wealth management through its Trust operations, and investment brokerage through Financial Resources Group, as well as a wide range of residential fixed-rate loan products for access to the secondary market through CNB’s mortgage department. Total consolidated assets for the company at 12/31/23 were $1,673,148,000.