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American National Names John H. Settle to Head Trust & Investment Services Division


For more information, contact:       John Settle Headshot
Jeffrey V. Haley
President & Chief Executive Officer
American National Bank and Trust Company
American National Bankshares Inc.
haleyj@amnb.com 434.773.2259


FOR IMMEDIATE RELEASE:  November 2, 2016


DANVILLE, VA – American National Bank and Trust Company, the bank subsidiary of American National Bankshares Inc. (the “Company” - NASDAQ: AMNB), has named John H. Settle, Jr. as EVP and President of Trust and Investment Services, announced Jeffrey V. Haley, president and CEO. Settle joins the Company with over 30 years of experience guiding clients in growing, managing, protecting and transferring wealth.

As of September 30, 2016, American National Trust and Investment Services manages $780 million of trust, investment and brokerage assets.

“Trust and Investment Services is a significant part of our Company,” Haley said. “It has a long tradition of serving customers, and now we are serving not only the children of our earliest customers, but their grandchildren and great-children, as well. It is an incredible legacy of serving both individuals and businesses and John’s leadership and proven ability to build and maintain meaningful client relationships will enhance and build on what we offer. We are excited to welcome him to our team.”

Settle most recently served as senior vice president and senior fiduciary advisor at Wells Fargo, where he and his team helped families and businesses meet their financial goals. Previously, he served as managing director in the Private Wealth Management area of SunTrust. He currently serves on the Investment Committee of the Cameron Foundation. A graduate of the University of Richmond earning both a B.S. and M.B.A., he went on to graduate from the Southeastern Trust School and the Executive Leadership Institute at the Virginia Bankers Association.

“American National has served individuals and businesses for over a century, earning the trust and loyalty of many people,” Settle said. “I believe there is a tremendous opportunity for us to introduce new generations of business owners and families to what we offer and to make a difference in their lives for years to come. This is an exciting time for us and for them. I’m glad to be here.”

About American National

American National Bankshares Inc. is a multi-state bank holding company with total assets of approximately $1.6 billion. Headquartered in Danville, Va., American National is the parent company of American National Bank and Trust Company, a community bank serving Virginia and North Carolina with 25 banking offices and two loan production offices. American National Bank and Trust Company also manages an additional $761 million of trust, investment and brokerage assets in its Trust and Investment Services Division. Additional information about the company and the bank is available on the bank's website at www.amnb.com.

Shares of American National are traded on the NASDAQ Global Select Market under the symbol "AMNB."

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