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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