AMERICAN NATIONAL BANKSHARES INC. (NASDAQ:AMNB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Election of Director
On September 20, 2017, American National Bankshares Inc. (the "Company") announced the appointment effective September 19, 2017 of Tammy Moss Finley, Executive Vice President, General Counsel and Corporate Secretary for Advance Auto Parts, Inc., to the Board of Directors for both the Company and its subsidiary bank, American National Bank and Trust Company.
The Company has not yet determined the Board committees to which Ms. Finley will be named in connection with her appointment as a director. Ms. Finley will be compensated in the same manner as the other directors of the Company.
A copy of the Company's press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
AMERICAN NATIONAL BANKSHARES INC. ExhibitEX-99.1 2 tammyfinleyelectedtoboard.htm EXHIBIT 99.1 Exhibit Date: September 20,…To view the full exhibit click here
About AMERICAN NATIONAL BANKSHARES INC. (NASDAQ:AMNB)
American National Bankshares Inc. is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. Community banking involves making loans to and generating deposits from individuals and businesses. All assets and liabilities of the Company are allocated to community banking. Investment income from securities is also allocated to the community banking segment. Loan fee income, service charges from deposit accounts and non-deposit fees, such as automated teller machine fees and insurance commissions generate additional income for community banking. Trust and investment services include estate planning, trust account administration, investment management and retail brokerage. Investment management services include purchasing equity, fixed income and mutual fund investments for customer accounts.
