IMMEDIATE RELEASE: Carlinville, IL., May 25, 2022
The stockholders of CNB Bank Shares, Inc. held their annual meeting on Monday, April 25th, in 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 (Carlinville), and Spencer Cohn of Castle Creek Capital, LLC.
At a subsequent organizational meeting of the company on May 17th, 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, 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 incumbent board of the subsidiary, CNB Bank & Trust, N.A., was reelected. The Bank’s board consists of Walden (Chairman), Ashworth, Baker, Davis, Ruyle, Peter Genta, John T. Boehm, Jim Salske (Carlinville), Joe Heitz (Alton), Rick Champley and George Yard (Taylorville), Richard Foss and Kyle Schumacher (Jacksonville), and Andrew Tinberg (Oak Forest).
The officers of the Bank were reappointed to their current positions, including Ashworth as Vice Chairman, Davis as President and CEO, and Executive Officers Tinberg, Tom DeRobertis, Maureen Oswald, Diana Tone, Darlene Ward, and Chris Williams.
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, 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 12/31/21 were $1,584,030,724.