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Apr 24, 2013

Community Trust Bank Appoints James S. D'Agostino, Jr. to Board of Directors

Houston, TX – Following on the heels of Community Trust Bank’s recent entry into the Houston market, Community Trust Bank has announced that James S. D’Agostino, Jr. has been appointed to the bank’s Board of Directors. Mr. D’Agostino has long been a prominent bank executive, businessman and resident of Houston.

“We are very pleased to have James D’Agostino join our Board of Directors,” said Drake Mills, President and Chief Executive Officer. “During his long tenure as a respected banker and business leader, he has seen much of the evolution of Houston. We look forward to utilizing his experience and insights as we work to help businesses and consumers across the market with their financial needs.”

Mr. D’Agostino founded Encore Bancshares in 2000 and served as Chairman of the Board of Encore Bank from 1999 through 2012, when the company was purchased by Cadence Bancorp, Inc. Currently, he is the Managing Director of Encore Interests, LLC, which is involved with banking, energy and investments. Mr. D’Agostino is Chairman of the Board of Houston Trust Company, a privately owned independent trust company with $3.7 billion under management. Additionally, he has served as a director of Basic Energy Services (NYSE: BAS) since 2004 and currently serves on its compensation and audit committees.

“I’m excited to join Community Trust Bank’s Board of Directors,” said Mr. D’Agostino. “My financial experience and community focus are in sync with the core values of the bank. I want to help Community Trust Bank reach its goals so that the communities it serves may benefit.”

From 1986 until 1999, D’Agostino worked for American General Corporation in Houston, where he held the offices of Vice Chairman and Group Executive – Consumer Finance of American General Financial Group, and President, Member of Office of Chairman and Director. Prior to that, he was the Chairman, President and CEO of American General Life and Accident Insurance Company in Nashville, Tennessee. From 1976 until 1986, D’Agostino worked for Citigroup, where he established the first private banking office for Citibank outside of New York. He also worked for Chase Manhattan Bank from 1974 until 1976 and Fidelity Union Trust Company from 1968 until 1974.

Mr. D’Agostino holds a Bachelors of Science in economics from Villanova University and a J.D. from Seton Hall University School of Law. Additionally, he has completed the Advance Management Program at Harvard Business School.

About Community Trust Bank

Community Trust Bank, a more than century-old, Louisiana-chartered bank, provides a wide range of traditional banking services with 32 banking centers throughout north Louisiana, north Texas, and north and central Mississippi. Community Trust Bank is a wholly-owned subsidiary of Community Trust Financial Corporation, a financial holding company with assets over $3 billion. Community Trust Financial Corporation’s common stock is not listed on any exchange and is traded through individually negotiated transactions. To learn more, visit Community Trust’s website at ctbonline.com. Member FDIC.