Princeton National Bancorp, Inc. & Citizens First National Bank Announce Retirement of James B. Miller, Executive Vice President
23 Diciembre 2010 - 9:00AM
Marketwired
Princeton National Bancorp, Inc., Princeton, Illinois (NASDAQ:
PNBC), the holding company of Citizens First National Bank.
Princeton National Bancorp, Inc. and Citizens First National
Bank today announced the retirement of Executive Vice President
& Commercial Banking Manager James B. Miller effective February
4, 2011. Miller joined the staff of Citizens First National Bank in
June of 1979 as an Ag Loan Officer. He was promoted several times
during his employment at Citizens and was appointed an Executive
Vice President in 1996.
"I've been proud to be a part of Citizens for over 30 years,"
commented Miller. "Many remarkable relationships have been forged
with customers and staff who are now close friends. As a nation and
as a Bank, we are now coming out of the most significant economic
downturn in three generations. The time is right for others to pick
up the torches and take the organization into the next era."
"I am fortunate to be able to retire at this stage of my life
and am looking forward to enjoying the perks that come along with
retirement," concluded Miller.
"Jim has been an integral part of Citizens First National Bank
for over 31 years," stated President and CEO Thomas Ogaard. "His
leadership and commitment to the organization have been invaluable.
His will be big shoes to fill and all of us wish him the best in
retirement."
"As we look to transition someone into Jim's position, we are
very cognizant of ensuring that we maintain the same high level of
commitment to our community banking philosophy," said Ogaard.
At the time of his retirement, Jim will have served as an
Executive Vice President for almost 15 years. Since he joined the
Bank, the Company's loans have grown in size from $69.3 million to
$709.2 million as of September 30, 2010. Jim has been instrumental
in this growth and as a member of the Company's management
team.
During Miller's tenure at Citizens, he has taken an active role
in many community service organizations. A few examples include:
Princeton High School Board; Chairman, Princeton Chamber of
Commerce; Vice Chairman, Upper River Valley Development Authority;
Chairman, Princeton Industrial Commission; Princeton Revolving Loan
Fund Committee; Illinois Agricultural Leadership Foundation; Bureau
Co. Livestock Association; various Farm Bureau Committees;
Princeton Jaycees; and Princeton Lions Club.
The Management, Staff and Board of Directors are very grateful
for Mr. Miller's contributions to the Company and wish him many
successes with his future endeavors. The Company will announce
Miller's successor in the near future.
Inquiries should be directed to: Lou Ann Birkey Vice President -
Investor Relations, Princeton National Bancorp, Inc. (815) 875-4444
E-Mail address: Email Contact
Princeton National Bancorp (CE) (USOTC:PNBC)
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