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Centre1st Bank Celebrates Groundbreaking of Headquarters Building in State College, Pennsylvania

STATE COLLEGE, Pa. — November 10th, 2022 – Centre 1st Bank celebrated the groundbreaking of its new Pennsylvania Headquarters Building in the State College area of Centre County.

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ODNB Financial Corporation Releases Third Quarter 2022 Financial Results

TYSONS CORNER, Va., November 04, 2022 - Reflecting our continued solid growth and strong financial performance, ODNB Financial Corporation (the “Company” or “ODNB”), the holding company for Old Dominion National Bank (the “Bank”) ended the first nine months of 2022 marking our highest net income for any consecutive nine-month period at $6.1 million, and total assets reached a record level of $971.3 million at September 30, 2022.

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ODNB Financial Corporation Announces Completion of $24.0 Million Subordinated Debt Offering

TYSONS CORNER, Va., September 15, 2022– ODNB Financial Corporation (the “Company”) today announced the completion of a private placement of $24.0 million of 6.25% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”) to certain qualified institutional buyers and accredited investors.

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Pennsylvania Community Banks Flourishing Despite Inflation Rate Hikes

STATE COLLEGE, Pa., August 26, 2022 - Article in Pennysylvania Business Central by David Harry

                                  The continued growth of Centre 1st Bank in central PA is the latest example 
With record high inflation, accompanied by rising interest rates to combat it, the economy is struggling through a period of uncertainty. One industry well-positioned in the current economic climate is the banking industry, and especially community and independent banks. 

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ODNB Releases Second Quarter 2022 Financial Results

TYSONS CORNER, Va., August 17, 2022 - The second quarter of 2022 marked 10 consecutive quarters of profitability and total assets reached a record high. As ODNB executes its growth strategy, we continue to generate meaningful earnings for shareholders. In the second quarter of 2022, ODNB reported pretax income of $1.8 million compared to $1.5 million in the linked quarter and $1.4 million in the second quarter of 2021. Net income in the second quarter of 2022 was $3.5 million, compared to $1.2 million in the linked quarter and $911 thousand in the year-ago quarter.

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Old Dominion National Bank Completes Formation of New Holding Company, ODNB Financial Corporation, to Support Continued Execution of the Community Bank’s Growth Strategy

TYSONS CORNER, Va., July 5, 2022— ODNB Financial Corporation (the “Company”) and Old Dominion National Bank (the “Bank”) announced that effective July 1, 2022, the Company and the Bank consummated the statutory merger pursuant to which the Company has become the parent bank holding company of the Bank (such transaction, the “reorganization”).

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ODNB Releases First Quarter 2022 Financial Results

TYSONS CORNER, Va., May 13, 2022 - Old Dominion National Bank (ODNB) had its ninth consecutive quarter of profitability in the first three months of 2022, as exceptional levels of quality loan production and low cost deposit generation drove net interest income growth, while strong asset quality continued to lead to low credit costs.

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ODNB Releases Fourth Quarter and Full Year 2021 Financial Results

TYSONS CORNER, Va., February 14, 2022 - Old Dominion National Bank (ODNB) is pleased to report continued growth and strong financial performance for the quarter and year-ended December 31, 2021. ODNB delivered record earnings of $6.6 million for the twelve months ended December 31, 2021, with total assets reaching $837.5 million at December 31, 2021.

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Old Dominion National Bank Names Todd Rowley Regional President for Central Virginia

TYSONS CORNER, Va., November 23, 2021 -- Old Dominion National Bank (ODNB) announced the appointment of Todd Rowley to serve as the bank's Regional President for Central Virginia. Rowley will be based in Charlottesville, Virginia.

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ODNB and Centre 1st Bank Secure $301 Million in PPP Funds for Small Businesses and Nonprofits

TYSONS CORNER, Va. and STATE COLLEGE, Pa., May 19, 2021 — Old Dominion National Bank announced that ODNB and its Centre 1st Bank division secured $301 million in funding for more than 700 small businesses and nonprofits through the Paycheck Protection Program (PPP) before the U.S. Small Business Administration (SBA) announced in May that federal funds for the initiative were exhausted.

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