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American National to Present at Community Bank Conference

8/2/2011

Company Release - 08/02/2011 15:42

CEO and Bank President to Present Growth Strategy and Performance to Potential Investors in New York City

DANVILLE, VA -- (MARKET WIRE) -- 08/02/11 -- American National Bankshares Inc. (NASDAQ: AMNB) ("American National") today announced that Charles H. Majors, chief executive officer of American National, and Jeffrey V. Haley, executive vice president of American National and president of its subsidiary bank, American National Bank and Trust Company, will present at the Keefe, Bruyette & Woods 12th Annual Community Bank Investor Conference. The presentation is scheduled for approximately 9 a.m. Eastern Daylight Time at the Waldorf Astoria in New York City on Wednesday, Aug. 3, 2011.

The conference presentation may be viewed via live webcast and may be accessed at http://www.kbw.com/news/conferenceCommunity2011_Webcast.html. All audio and presentations will be archived for 60 days after the event. Any webcast-related questions should be directed to HELPME@kbw.com or (212) 887-6778.

"The KBW Community Bank Investor Conference has served as a proven conduit for connecting quality investors with promising, high-performing community banks," said Charles H. Majors, chief executive officer of the company. "American National has remained stable and strong even in uncertain economic times due to our management and staff, strategic foresight, and commitment to our employees, customers and shareholders. We have grown to approximately $1.3 billion with our July 1 merger with MidCarolina Financial Corporation (based in Burlington, N.C.), and we seek sound opportunities for more growth -- growth of our products, services, talent and new markets."

KBW, the host and organizer of the annual conference for potential investors, is a global, full-service investment bank that specializes exclusively in the financial services sector. Their focus includes banking and insurance companies, real estate companies and real estate investment trusts, broker-dealers, mortgage banks, asset management companies and specialty finance companies.

About American National

American National Bankshares Inc. is a multi-state bank holding company with total assets of approximately $1.3 billion following the July 1, 2011, completion of the MidCarolina merger. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving southern and central Virginia and northcentral North Carolina with 26 banking offices. The banking offices in Alamance and Guilford counties in North Carolina operate as MidCarolina Bank, a division of American National Bank. American National Bank and Trust Company also manages an additional $520 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."

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of federal securities laws. Certain of these statements involve significant risks and uncertainties. The statements herein are based on certain assumptions and analyses by American National and are factors it believes are appropriate in the circumstances. Actual results could differ materially from those contained in or implied by such statements for a variety of reasons including, but not limited to: changes in interest rates; changes in accounting principles, policies or guidelines; significant changes in the economic scenario; significant changes in regulatory requirements; significant changes in securities markets; and changes regarding acquisitions and dispositions. Consequently, all forward-looking statements made herein are qualified by these cautionary statements and the cautionary language in American National's most recent Form 10-K report and other documents filed with the Securities and Exchange Commission. American National Bankshares Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Source: American National Bankshares Inc.

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