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Kish Bancorp, Inc. Announces Chief Financial Officer Succession; Tina M. Collins Promoted to Interim CFO as part of Mark J. Cvrkel’s Retirement Transition

By: via Business Wire

Kish Bancorp, Inc. (OTCQX: KISB) (“Kish” or the “Company”), parent company of Kish Bank, today announced that Tina M. Collins has been promoted to interim Chief Financial Officer (CFO) and Treasurer from SVP, Accounting and Controls Director following the commencement of Mark J. Cvrkel’s phased retirement. Cvrkel, who has served as Executive Vice President, Treasurer, and CFO of the Company and the Bank since 2016, will continue with the Company in a part-time role as Strategic Advisor to the CFO. In this capacity, he will support the transition process and contribute to key financial initiatives, including capital planning, balance sheet management, and interest rate strategy.

“We are extremely grateful for Mark’s many contributions to Kish,” stated Gregory T. Hayes, President and CEO. “He has been integral in helping guide us through a period of significant growth and excellent financial performance that has put Kish in a strong position to sustain its growth and performance for shareholders well into the future. We thank him for his dedicated service as CFO and are pleased that he will stay on as Strategic Advisor to the CFO.

“In the months ahead, we will commence a broad-based search for our next Chief Financial Officer. Given her qualifications and excellent service to the organization over the years, Tina Collins will be given full consideration for that role,” Hayes added.

Tina M. Collins is a seasoned accounting and finance executive with over 25 years of experience in community banking. Most recently she has served as SVP, Accounting & Controls Director at Kish Bank, where she has been responsible for financial reporting, compliance with regulatory reporting requirements, internal controls, and asset/liability management. Collins has deep expertise in corporate accounting, audit oversight, budgeting, and treasury operations, with prior leadership roles at Riverview Bank and CBT Bank. A graduate of Indiana University of Pennsylvania with advanced training from the Pennsylvania Bankers Association, she is recognized for strengthening financial systems, managing complex audits and reporting, and guiding strategic financial and capital planning.

“Completing my professional career as a member of the extraordinary team at Kish has been one of the great pleasures of my life,” Cvrkel stated, “and I am confident that Tina Collins has the strong qualifications to take on the duties of interim CFO for Kish. We have worked together for the past six years, and she is one of the most skilled finance and accounting professionals I know. I look forward to assisting her as Strategic Advisor as we go forward.”

Kish Bancorp currently has assets of $1.8 billion with 19 offices across central Pa and northeastern Ohio.

About Kish Bancorp, Inc.

Kish Bancorp, Inc. is a diversified financial services corporation headquartered in Belleville, PA, with executive offices in State College, PA and an Innovation Center in Reedsville, PA. Kish Bank, a subsidiary of Kish Bancorp, Inc., operates 19 locations serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties in Pennsylvania, as well as northeastern Ohio. In addition to Kish Bank, other business units include: Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers trust, fiduciary, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; and Kish Travel, a full-service travel agency. KISB is the OTCQX stock ticker symbol for Kish Bancorp, Inc. For additional information, please visit ir.kishbancorp.com or otcmarkets.com/stock/KISB.

Forward Looking Statements

Certain statements regarding Kish Bancorp, Inc. set forth in this document and any related materials, as well as in related oral and written presentations, contain forward-looking information and speak only as of the date of such statement. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans and prospects. This forward-looking information is subject to numerous material risks, uncertainties and assumptions, certain of which are beyond the control of Kish Bancorp, including the impact of general economic conditions, industry conditions, competition from other industry participants, the effect of federal, state and local regulation on financial institutions, market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the material assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or achievement could differ materially from those expressed in, or implied by, this forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Kish Bancorp will derive therefrom. Kish Bancorp disclaims any intention or obligation to update or revise any forward-looking information, whether, because of new information, future events or otherwise, except as required by applicable securities laws.

Contacts

Gregory T. Hayes, President and Chief Executive Officer, 814-325-7530

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