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First Vandalia Corp. gives 2012 highlights

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The annual stockholders’ meeting of First Vandalia Corp., parent company of The First National Bank, with locations in Vandalia, Ramsey, Patoka, Mulberry Grove and Greenville, was held on April 10 in Vandalia.
Greenville CPA Janice Romack was elected to the board of directors. Current directors  Thomas L. McCarty and R. Wynn Provines were re-elected to serve three-year terms. They join current directors William E. Chappel, Todd Shulman, B. Rand Edwards, Ann M. Schwarm and Haldon E. Warner.
Marla Becker, CPA with the accounting firm of RSM McGladrey, reviewed the company’s financial performance.  She confirmed the sound condition of The First National Bank and commented on the status of the banking industry in today’s economy.
First Vandalia Corp. Chairman Todd Shulman emphasized the importance of community banking, and thanked the stockholders for their attendance.
Bank President Ernie Chappel reviewed financial highlights of the past year and complimented  staff members on their outstanding performance.
The First National Bank has seven facilities in Vandalia, Ramsey, Patoka, Mulberry Grove and Greenville. Chartered in 1865, it has grown to more than $293 million in assets, while serving area communities for 148 years.