Community Bank Announces Hiring of Michael Mangione as Chief Credit Officer and David Mitchell as Senior Lender

LAKEWOOD RANCH, Fla., May 13, 2011 /PRNewswire/ -- Community Bank & Company today announced that Michael Mangione has joined the Bank as Chief Credit Officer. Mike joins Community Bank from Regions Bank where he last served as Region's most senior credit officer in the West Coast of Florida market. Mike has worked in credit since 1978 when he first joined a predecessor to Bank of America. Mike has had senior credit roles at Citibank, Iberia Bank and Chase Bank before joining Regions Bank and its predecessors in 1998.

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At Community Bank Mike will oversee the Bank's credit activities including credit approval, portfolio management and special assets resolution. Community Bank Chairman and CEO, Bill Sedgeman said, "Mike brings a wealth of credit experience to Community Bank and joins at a perfect time as we are dedicated to leading the regional recovery through business and residential lending."

Community Bank also announced that David Mitchell has joined the Bank as Senior Lender. David joins Community Bank from Florida Bank where he last served as Commercial Banking Executive overseeing commercial banking in Hillsborough, Pinellas, Manatee and Sarasota counties. David has worked in financial services since 1985 including roles at The Bank of Baltimore, Bank of America, Allstate Insurance, Regions Bank and Wells Fargo Bank.

At Community Bank David will oversee the Bank's commercial and consumer lending activities leading a team of over 20 dedicated client relationship managers. Community Bank President, Katie Pemble noted, "David is a not only an extremely experienced and senior banker but he has an amazing ability to lead teams. As we integrate the First Community Bank of America network we will have 17 branches across Hillsborough, Pinellas, Manatee, Charlotte and Pasco counties. David's leadership will make sure we are serving small and medium sized business clients as well as consumers who need to finance their American Dream."

ABOUT COMMUNITY BANK:

Founded in 1995, Community Bank continues to specialize in solutions for individuals by offering the regions best checking account, "Clover Gold," residential mortgages including "jumbo mortgages" with local, quick decision-making, and in business solutions including Small Business Administration loans. Community Bank was recently ranked as the number one local community bank for SBA loans.

Community Bank is a local, independent bank serving the communities of Florida's Tampa Bay currently with six branches (shown below) and will soon have 17 branches post merger.

Lakewood Ranch - 2025 Lakewood Ranch Boulevard
Braden River - 6000 State Road 70 East
West Bradenton - 7202 Manatee Avenue West
South Tampa - 110 South Boulevard, Tampa, FL
Brandon-Riverview - 10109 U.S. Highway 301 South
St. Petersburg - 158 Beach Drive Northeast

SOURCE Community Bank & Company