PRESS RELEASE
For additional information contact:
J. Vincent Ciroli, Jr.
President & CEO
Belmont National Bank
(740) 695-3323
For release March 16, 1999
ST. CLAIRSVILLE, OHIO-The Board of Directors of Belmont
Bancorp. and Belmont National Bank today announced the
resignation of executive vice president, William Wallace.
Wallace, who joined the bank in 1987, resigned to pursue
other business opportunities in the area. He will continue
his affiliation with the bank, remaining a director of both
Belmont Bancorp. and Belmont National Bank.
J. Vincent Ciroli, Jr., President and CEO of Belmont
Bancorp. and Belmont National Bank expressed his regret over
the loss of Mr. Wallace. "Although Bill is leaving, I am
pleased with his decision to continue to serve on our board
of directors. His knowledge of our industry and his lending
background will make him a continuing valuable asset to our
corporation." said Ciroli.
Belmont Bancorp. is a $446 million holding company with
Belmont National Bank offices in Bellaire, Bridgeport,
Cadiz, Lansing, New Philadelphia, The Ohio Valley Mall, St.
Clairsville, Schoenbrunn and Shadyside, Ohio and in the
Woodsdale and Elm Grove areas of Wheeling, West Virginia.
Belmont Bancorp. stock trades in the Small Cap Market of
NASDAQ under the symbol BLMT. Information about Belmont
National Bank can be accessed on the Internet at
http://www.belmontbank.com.
