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American National Bankshares Inc. Forms Virginia State Banking Board and Names Inaugural Members


DANVILLE, VA, May 29, 2019 – American National Bankshares Inc. (NASDAQ: AMNB – “American National”) has formed a Virginia state banking board. The newly established state board and its thirteen members were approved at the Company’s May 21, 2019 board meeting.

The members joining the Virginia state banking board of American National Bank & Trust Company are as follows:  

  1. Thomas S. Stump   President, First Piedmont
  2. Timothy J. Clark      President, Blair Construction
  3. Rickey J. Barker      President, Supply Resource
  4. William C. Vaughn   Vice President, J & R Mgmt Inc.
  5. J. Brian Burton        President, J. E. Burton Construction
  6. Deanna P. Stone     Attorney, Rhodes, Ferguson and Stone 
  7. John D. Lugar         Owner, Virginia Varsity Transfer & Storage
  8. William Farrell         President, Berglund Automotive Group
  9. Monica T. Monday   Managing Partner, Gentry Locke
  10. Barton J. Wilner      President & Owner, Entre Computer Center
  11. Bill Rakes               Senior Counsel, Gentry Locke
  12. Nathaniel L. Bishop President, Jefferson College
  13. Daniel D. Hamrick   Attorney, Hamrick Law


“I am pleased to have the opportunity to engage additional community leaders as we continue our 110-year legacy of community banking excellence in each of our Virginia markets, remarked Jeffrey Haley, President & CEO of American National Bank & Trust Company. We are extremely committed to the strength of our Virginia communities and I look forward to working with this notable group of professionals.”

The first state banking board meeting will be held in July of 2019. In addition to serving as Chairman American National Bankshares Inc., Charles H. Majors will chair the Virginia state banking board. Roanoke has been named the state banking headquarters for Virginia.

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