Press Releases

February 29, 2012

Mark S. Kelly joins The Ohio State Bank as President, Chief Executive Officer, and Board Member of the Bank and Holding Company.

Marion, Ohio, February 29, 2012. Rbancshares, Inc. ("Company"), parent company of The Ohio State Bank, ("Bank") announced the election of Mark S. Kelly as the bank's President, Chief Executive Officer, and Board member. James A. Deer has been serving as acting President and Chief Executive Officer and will now assume his former duties of Executive Vice President & Chief Financial Officer.

"We are honored and delighted to welcome Mr. Kelly to The Ohio State Bank," said Marc Tortora, Chairman of the Board of the Company. "His high energy, leadership abilities and proven expertise in community banking will be of great value to our institution as we continue to position ourselves for future success."

Mark Kelly is a veteran banker having served over 38 years in the community banking sector, 28 of those years as a community bank CEO or other senior management position. Those years included leading a bank in NE Ohio to significant and profitable growth, assisting a troubled community bank through numerous regulatory issues, and overseeing the creation of a new bank in the northern Columbus market.

He is a past President of the Community Bankers Association of Ohio and served on the Boards of the Federal Home Loan Bank of Cincinnati, the Ohio Bankers League, and the Ohio League of Financial Institutions. Mark is a member of the Westerville Sunrise Rotary and has served on the Boards of the Red Cross and Central Ohio Alzheimer's Association. Mr. Kelly graduated from Mount Union University with a BA in Business Administration and has completed the Graduate School of Banking, Madison, Wisconsin programs.

Company Profile

The Ohio State Bank is a state charted, FDIC insured community bank with offices in Marion and Lewis Center, Ohio. Currently the bank operates four offices and manages $130 million in assets. The principal business activities of the Bank are developing community banking focused relationships, mortgage lending, and commercial lending to small business owners.

Contact Information

James A. Deer, Corporate Secretary

740-387-2265

February 18, 2012

Ohio State Bank Executives planning for turnaround 2.0

AN INVESTOR GROUP put $8 million in the troubled bank in 2010 thinking it could fix the problems. Now they're back looking for more.

BY ADRIAN BURNS | BUSINESS FIRST

Ohio State Bank is getting a recovery plan for its recovery plan.

The Marion-based bank was acquired in 2010 by a group of mainly Central Ohio investors whose plan was to quickly clear away its bad loans while ramping up the supply of good ones. But in an indication of how deep the troubles were at many financial institutions, the plans haven't gone as expected.

Click here for complete article.

April 1, 2011

KASASA CHANGES THE FACE OF LOCAL BANKING

The Ohio State Bank Introduces Kasasa, a Striking Alternative to the Mega Bank Rollercoaster

The Ohio State Bank asks consumers, "Do you Kasasa?" as it becomes the first financial institution headquartered in Marion to launch the country's most innovative financial products.

Kasasa® is a new brand of free checking and savings accounts that pays consumers to use their account with what interests them most—cash back or digital downloads from iTunes® or Amazon.com. These accounts, combined with the personal service that only community financial institutions can deliver, are offering residents a better checking account option than the mega bank experience.

"Consumers deserve to wake up to happier days of banking and leave behind the nightmare of mega bank fees and mistreatment. We are pleased to be the first bank headquartered in Marion to offer these unique products," said Shawn Keller, President/CEO at The Ohio State Bank. "Kasasa delivers what research shows people really want but believe they can't have--great financial products with the personal service of a community based financial institution."

The Ohio State Bank is offering two Kasasa financial products, including Kasasa Cash Back™ and Kasasa Tunes™. All Kasasa products are free accounts, with no monthly fees, free online banking, nationwide ATM fee refunds, and no minimum balance is required to get the rewards.

• Kasasa Cash Back—A free checking account that rewards account holders with major cash back on everyday debit card purchases, without points or category restrictions like the big guys. The cash back amount is based on how much you spend on each debit card transaction as well as your average daily balance.
• Kasasa Tunes—A free checking account that rewards consumers with digital downloads from Amazon.com or iTunes every month.

To receive the Kasasa account benefits, account holders are asked to meet easy monthly qualifications, including receiving an e-statement, making a minimum number of debit card purchases, and making an electronic transaction (such as direct deposit or automatic bill pay)…things they probably already do anyway. If an account holder does not meet the qualifications in a given month, The Ohio State Bank will alert the individual, who will be eligible the following month for the benefits.

"Extensive research has shown us that consumers would prefer to do business with community financial institutions, but feel they would lose access to products," continued Mr. Keller. "Kasasa is opening people's eyes to a new banking model where no sacrifices are necessary. It's a win-win because account holders get innovative products and personalized service."

In 2009, Kasasa was piloted in six other markets across the U.S. In just the first two months of offering Kasasa, participating community financial institutions reported growth rates upwards of 150% on new account openings and 372% in deposits at institutions focused on deposit growth.

Kasasa is being introduced with an aggressive, highly engaging marketing campaign. It comes to life through a fresh mix of eye-popping advertising, the likes of which exceed the typical mega bank's high-budget programs. The ads feature America's top slam poets www.kasasa.com/news-and-media/advertising riffing lyrical threads around the theme of "Do you Kasasa?"

Kasasa is distributed to The Ohio State Bank from BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community financial institutions nationwide to help them win the war against the megabanks.

For more information on Kasasa accounts, consumers can visit www.theohiostatebank.com or www.Kasasa.com/ohiostatebank.

Do you Kasasa?

Kasasa is the first national brand of the most innovative checking accounts available today. The accounts, offered exclusively by the finest community financial institutions, are designed to be the first and only accounts that actually take an interest in their account holders by paying them to use their account with what interests them most—high interest, cash back, automatic savings, or digital downloads from iTunes. Kasasa, developed and distributed by BancVue, marries innovative banking products with the personal touch of community financial institutions. For more information, visit www.kasasa.com.

March 31, 2010

Rbancshares, Inc. Finalizes Closing Arrangements on The Ohio State Bank

On March 31, 2010, Rbancshares, Inc. finalized closing arrangements on The Ohio State Bank headquartered in Marion, Ohio. With the finalized closing, Rbancshares, Inc. ("RBS") is providing $7 million in new capital to The Ohio State Bank. The new capital is to be used to restore The Ohio State Bank's regulatory capital ratios which now exceed the regulatory definition of a well-capitalized bank.

The Ohio State Bank, with offices in Marion, Richwood, Green Camp and Lewis Center, Ohio, is now in a stronger financial position. There will be no changes to existing client account numbers, client records or current Ohio State Bank products as a result of this alliance with RBS.

Mr. Shawn Keller, the new president and chief executive officer of The Ohio State Bank, said this alliance with RBS will allow The Ohio State Bank to continue to service existing clients with current Ohio State Bank personnel and provide a greater level of client service in the future. "The Ohio State Bank has been a cornerstone in our community for over 20 years. The Marion market provides a strong base for us, while our Lewis Center facility will allow future expansion in the Delaware and Westerville, Ohio markets" said Keller. Mr. Keller will also continue to serve as president of RBS.

A new board of directors and management team comprised of local business leaders will oversee The Ohio State Bank and maintain a commitment to serving clients in Central Ohio. The new board of directors consists of:

• Ted McKinniss – Marion attorney
• Thurman Mathews – Marion auto dealer
• Jon Sisler – Marion business owner
• Roger Vanover – Marion business owner
• Marc Tortora – Certified public accountant
• Rick Rano – Commercial real estate broker
• Judi DeVillers – former Commerce National Bank board member
• Dr. Doug Fosselman – Member of the Central Ohio Primary Care Corporation
• Jim Deer – The Ohio State Bank's chief financial officer
• Shawn Keller – President and chief executive officer of The Ohio State Bank

Dean Lucas of Dublin, Ohio will serve as senior development officer. According to Keller, "The improved financial condition of The Ohio State Bank allows us to focus on our mission to deliver excellence to all we serve. It's also vital that we maintain local ownership and are managed by people with a shared commitment to our local communities. While our 'big bank' competitors from New York and Pittsburgh, among others, restrict lending in our area, we intend to be part of the local economic solution through support of small businesses, home owners, agriculture and the citizens in our area."

On March 31, 2010, a letter announcing and explaining this new alliance between RBS and The Ohio State Bank was sent to all existing Ohio State Bank clients.

RBS is a bank holding company headquartered in the Lewis Center office of The Ohio State Bank. RBS was formed for the purpose of raising the capital necessary to bring financial stability to The Ohio State Bank. With no individual owning more than eight percent of the company, RBS is owned by just under 100 shareholders from Marion and the surrounding Central Ohio area

For additional information, please contact Shawn Keller at (614) 574-0044.