Business & Finance
Business and Finance
Business and Finance 
Mon, December 7, 2009
Sun, December 6, 2009
Sat, December 5, 2009
Fri, December 4, 2009
SMITHTOWN, NY--(Marketwire - December 4, 2009) - Bank of Smithtown (a subsidiary of Smithtown Bancorp) (
The Bank's Chief Lending Officer is Mr. Robert Anrig, who has more than 39 years of lending experience and has been Bank of Smithtown's Chief Lending Officer for the past 11 years. The Bank also has three other loan officers at the level of Vice President or above. These four lenders have more than 90 years of banking experience combined.
The Bank also announced Friday that it has hired Mr. Michael Spolarich as a Vice President in the Loan Department. Mr. Spolarich has more than 15 years experience in banking, most of that time with Bridgehampton National Bank and First National Bank of Long Island as a loan officer.
The Bank's Chairman & Chief Executive Officer, Brad Rock, commented: "Although we regret Mr. Stevens leaving, we are confident in the balance of the lending team, which remains intact. We are also pleased to have a new officer, Mike Spolarich, joining our loan department. We think that his strong background will add depth to the group."
With approximately $2.7 billion in assets, Bank of Smithtown is the largest independent commercial bank headquartered on Long Island. Founded in 1910, Bank of Smithtown is nearing its 100th anniversary as a community bank. The stock of its parent holding company, Smithtown Bancorp, is traded on the NASDAQ Global Select Market under the symbol "SMTB."
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