2015 Summary ANNUAL REPORT Seeing tomorrow General Corporate Information Annual Meeting The 2016 Annual Meeting of Shareholders of American National Bankshares Inc. will be held on Tuesday, May 17, 2016, at 9 a.m. (EDT) at The Wednesday Club, 1002 Main Street, Danville, Va. Stock Listing The common stock of American National Bankshares Inc. (the “Company”) is traded on the NASDAQ Global Select Market under the symbol “AMNB.” American National Bankshares Inc. Stock Price and Dividends The following represent the intra-day high and low sales prices of the Company’s common stock as traded on the NASDAQ Global Select Market, as well as the quarterly cash dividends declared by the Company’s Board of Directors each quarter for the years 2015 and 2014. High Low Dividend Per Share 2015 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2014 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $24.72 24.31 24.28 26.42 $26.08 24.06 23.53 25.00 $21.31 21.68 21.88 23.02 $21.54 20.65 20.90 21.69 $0.23 0.23 0.23 0.24 $0.93 $0.23 0.23 0.23 0.23 $0.92 Shareholder Information Shareholders needing information on stock transfer requirements, lost certificates, dividends, the dividend retirement plan and other shareholder matters may contact: Computershare Inc. PO Box 30170 College Station, TX 77842 800.368.5948 Independent Auditors Yount, Hyde & Barbour PC 50 South Cameron Street Winchester, VA 22601 Regulatory and Securities Counsel LeClairRyan 919 East Main Street Twenty-Fourth Floor Richmond, VA 23219 2 Equal Opportunity Employer American National Bank and Trust Company, a wholly owned subsidiary of American National Bankshares Inc., is an equal opportunity employer. All matters regarding recruiting, hiring, training, compensation, benefits, promotions, transfers and all other personnel policies will remain free from discriminatory practices. This Report The American National Bankshares Inc. 2015 Summary Annual Report is presented in a summary format to provide information regarding the performance of the Company in a manner that is meaningful and useful to the widest range of readers. The audited consolidated financial statements of the Company and other more detailed analytical information regarding the Company are contained in the 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission. Investor Relations & Financial Statements A copy of the Company’s annual reports on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission, are available without charge to shareholders upon written request and are also available on our website, amnb.com. Those with requests for this or other financial information about American National Bankshares Inc. should contact: American National Bankshares Inc. Investor Relations PO Box 191 Danville, VA 24543 800.240.8190 Corporate Headquarters American National Bankshares Inc. 628 Main Street Danville, VA 24541 434.792.5111 Banking Offices NORTH CAROLINA Burlington (3) Graham Greensboro (2) Mebane Yanceyville VIRGINIA Lynchburg (2) Martinsville Ridgeway Rocky Mount South Boston Union Hall Bedford Chatham Collinsville Danville (4) Gretna Hardy Lovingston Table of Contents General Corporate Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Letter from the Chairman of the Board . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Letter from the President & Chief Executive Officer . . . . . . . . . . . . . . . 5 Seeing Tomorrow. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Financial Highlights. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Performance Graphs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Consolidated Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Consolidated Statements of Income. . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Management/Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Advisory Boards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 American National American National Bankshares Inc. is a bank holding company with assets of $1.5 billion. Headquartered in Danville, Va., it is the holding company of American National Bank and Trust Company (the “Bank”), a community bank serving Virginia and North Carolina through 25 banking offices. In addition, the Bank manages $749 million through its Trust & Investment Services division. The Bank provides a full array of financial products and services, including personal and business banking, trust and investment services, and mortgage and insurance services. Electronic banking solutions range from a convenient Automated Teller Machine (ATM) network and debit cards to real-time Online Banking with Bill Pay, Mobile Banking with Mobile Deposit, mobile Debit Card alerts and Telephone Banking. Chartered in 1909, the Bank is entering its 108th year of operation. It has grown from a single office on Main Street in Danville to a progressive multi-state, regional financial institution. The focus on building relationships through quality financial services with exceptional customer service has remained constant. The Bank operates under a strong community bank philosophy and is a leader in charitable and civic support in all its markets. Many Bank employees serve on the boards of civic organizations throughout the Bank’s market area. Forward-Looking Statements This Summary Annual Report may contain “forward-looking statements” within the meaning of federal securities laws that involve significant risks and uncertainties. Statements herein are based on certain assumptions and analyses by the Company and are factors it believes are appropriate in the circumstances. Actual results could differ materially from those contained in or implied by such statements for a variety of reasons including, but not limited to: financial market volatility including the level of interest rates could affect the values of financial instruments and the amount of net interest income earned; general economic or business conditions, either nationally or in the market areas in which the Company does business, may be less favorable than expected, resulting in deteriorating credit quality, reduced demand for credit, or a weakened ability to generate deposits; competition among financial institutions may increase and competitors may have greater financial resources and develop products and technology that enable those competitors to compete more successfully than the Company; businesses that the Company is engaged in may be adversely affected by legislative or regulatory changes, including changes in accounting standards; the ability to retain key personnel; the failure of assumptions underlying the allowance for loan losses; and risks associated with mergers, acquisitions, and other expansion activities. Consequently, all forward-looking statements made herein are qualified by these cautionary statements and the cautionary language in the Company's most recent Form 10-K report and other documents filed with the Securities and Exchange Commission. American National Bankshares Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. 3 Letter from the Chairman of the Board March 24, 2016 To Our Shareholders: I am pleased to report to you that 2015 was not just another successful year for American National. It was a year characterized by “growth.” We had significant growth in earnings, in loans and deposits, as well as adding three new offices in a new market area—Franklin County, a part of the Roanoke, Virginia, MSA. We began the year closing the acquisition of MainStreet BankShares, Inc., and its banking subsidiary, Franklin Community Bank, effective January 1, 2015. Our loan portfolio grew from the acquisition and from organic growth, as did our deposits. Our net income for the year was over $15 million, an 18% increase over 2014. Even though we increased our outstanding common shares due to the transaction, our per share income increased from $1.62 in 2014 to $1.73 in 2015. Our capital ratios remain strong and continue to exceed all regulatory minimums for “well capitalized” banking organizations. For the year ended December 31, 2015, average shareholders’ equity to average assets was 12.9%. Our book value per common share was $22.95 at year end compared to $22.07 at the end of 2014. We have a great team of employees here at American National, led by Jeff Haley and his very talented executive group. The integration of Franklin Community Bank went smoothly, due to the dedication and hard work of our employees, both our legacy American National group and our new team members from Franklin Community. We finished 2015 on a strong note and look forward to a successful 2016. We have a strong and effective Board of Directors. Bob Ward retired as a regular director last May pursuant to our directors’ retirement policy. He is serving this year as a Director Emeritus. We appreciate his valuable service to our Company. Joel Shepherd, the board chairman of MainStreet Bankshares, Inc., joined the Board of Directors on January 1, 2015. Ronda Penn joined our Board in August of 2015. A certified public accountant and a former partner in a regional public accounting firm, she is the chief financial officer of Plexus Capital, LLC, a North Carolina small business investment company. We are pleased to have Joel and Ronda join our Board. The Company and the Bank are fortunate to have dedicated and committed directors, who do an outstanding job of representing the shareholders by providing strategic policy leadership and management oversight. You should be proud of them—I am. Thank you for your investment in our Company. It is critically important to our continued success and we appreciate your support. We work hard to provide prudent and appropriate management and oversight for the Company. Very truly yours, Charles H. Majors Chairman of the Board American National Bankshares Inc. American National Bank and Trust Company 4 Letter from the President & Chief Executive Officer March 24, 2016 To Our Shareholders: The year 2015 brought excitement, productivity, challenges and, ultimately, success for American National. Charley Majors says it best in his letter— “It was a year characterized by growth” on several fronts… earnings, loans, deposits and our physical footprint. The theme was capital management, an appropriate focus for the Board and management group of our bank, which has remained extremely well-capitalized over the years. I am especially proud of four milestone achievements resulting from our capital management efforts. We successfully executed the acquisition of MainStreet BankShares, Inc. We experienced significant organic growth in our legacy markets. Loans and deposits grew organically by 7% and 6.6% respectively. Also, in the fourth quarter of 2015, (for the first time since 2007) we increased our quarterly cash dividend to shareholders to $0.24 per share, an increase of one cent or 4.3%. Lastly, we continued an active stock repurchase program, providing an additional outlet, when appropriate, to efficiently manage our capital. Another milestone accomplishment of 2015 was the completion of our 107th year as a community bank. We take this role seriously and understand we are only as good as the communities we serve. It’s our responsibility as a corporate citizen to continue our strong support of the communities in which we live, work and play. Each year, our bankers devote countless hours to civic groups and local causes, and we contribute thousands of dollars to efforts designed to strengthen our communities. Seeing tomorrow is about leveraging today’s insights for tomorrow’s success. Our industry is constantly changing. In order to be successful tomorrow, we need to accept and, more importantly, expect change to continue. My commitment to you is that our management team and the employees of American National will work tirelessly and collaboratively to effectively manage our capital and remain a high performing bank in the midst of these ever-present changes. As a shareholder, you’ve already taken the first step to helping us see tomorrow by believing in us. I sincerely appreciate your support as well as the hard work of our employees and management group and the guidance of our Board of Directors and Advisory Boards. Your investment and the talent and effort of these groups allowed us to achieve the financial results outlined in Charley’s letter, and it will position us for continued success in 2016. Seeing tomorrow is about leveraging today’s insights for tomorrow’s success. Sincerely, Jeffrey V. Haley President & Chief Executive Officer American National Bankshares Inc. American National Bank and Trust Company 5 Seeing tomorrow Customers walk through our doors each day. To open new accounts. To talk with us about their hopes and dreams. To ask for help when making important decisions. While they are here, they tell us about their lives. They share pictures of their families. New children. And grandchildren. Weddings. Vacations. And the dog. And, they ask about ours. It’s like Facebook in a way. … only better. 6 As technology enables engagement in new ways and on different terms, the question is asked, “Do people want this kind of service?” Or, “Do they prefer online and mobile?” To communicate from a distance rather than face to face? To deposit a picture of a check rather than share a picture of the family? To open an account online rather than open the door to an office? At American National, we think the answer is they want both. It is on this premise that we value our branch network and customer-facing team members, and value our investment in technology. So, what does tomorrow look like for American National? In many ways, it looks a lot like yesterday and today. 7 We also will focus on growing American National one customer, one individual, one business, one checking account, one loan, one mortgage and one relationship at a time. That’s what tomorrow looks like. We will do more with our resources, leveraging them to make American National a high performing company. We will do what it takes to become an even more engaging place to bank. For our employees, we will strive to become an even better place to work, a place that attracts and retains the best and brightest. And, we will enhance our commitment to rewarding our shareholders for believing in us. It is about stewardship. It is taking what we have and maximizing its value. Risk, it is said, is the potential of gaining or losing something of value. In business, there are different kinds of risk—strategic, financial, compliance, operational and reputational. There are risks in doing “something,” but also in “not doing something.” We will act in the face of risk with our customers, employees and shareholders ever present in our thinking, and with tomorrow and our legacy as a touchstone. Tomorrow, we will provide great service to our customers. We are going to deliver the financial products and services they need in the way they want to use them and at a fair price. We are going to offer those products and services through a well-trained staff and through technology. Tomorrow, we will remain focused on growing American National. In 2015, we added three offices—in Hardy, Union Hall and Rocky Mount, Virginia—through our acquisition of Franklin Community Bank. Those customers are now American National customers. Those employees are part of the American National team. They’ve joined a long line of staff members who continue to pass on what it means to be part of this organization, what it has meant for over a century. What it means today. And what it will mean tomorrow. 8 tomorrow What legacy will the American National of today leave for those who follow? We embraced yesterday, acted today and prepared for tomorrow. We served and supported people who needed us. We took some risks. We earned and kept your trust. We stood for something more. We gave back to our communities. We made a difference. When we see tomorrow, we see customers walking through our doors and visiting us online. We see people signing new account documents with a pen or electronically. We see people talking to us, texting us and messaging us their opportunities and their decisions. We see people sharing pictures of their families, their vacations and their pets. Their hopes and dreams. When we see tomorrow, we are humbled with responsibility, spurred by possibility and excited by opportunity. We’re ready… for 9 tomorrow Financial Highlights (Amounts in thousands, except per share information and ratios) Results of Operations: Interest income Interest expense Net interest income Provision for loan losses Noninterest income Noninterest expense Income before income tax provision Income tax provision Net income Financial Condition: Assets Loans, net of unearned income Securities Deposits Shareholders’ equity Shareholders’ equity, tangible Per Share Information: Earnings per share, basic Earnings per share, diluted Cash dividends paid Book value Book value, tangible 2015 2014 December 31, 2013 2012 2011 $ $ 55,169 5,904 49,265 950 13,287 40,543 21,059 6,020 15,039 $ 1,547,599 1,005,525 345,661 1,262,660 197,835 151,280 $ 1.73 1.73 0.93 22.95 17.55 $ $ 47,455 5,730 41,725 400 11,176 34,558 17,943 5,202 12,741 $ 1,346,492 840,925 349,250 1,075,837 173,780 132,692 $ 1.62 1.62 0.92 22.07 16.86 $ $ 52,956 6,583 46,373 294 10,827 35,105 21,801 6,054 15,747 $ 1,307,512 794,671 351,013 1,057,675 167,551 125,349 $ 2.00 2.00 0.92 21.23 15.89 $ $ 57,806 8,141 49,665 2,133 11,410 36,643 22,299 6,293 16,006 $ 1,283,687 788,705 340,533 1,027,667 163,246 119,543 $ 2.04 2.04 0.92 20.80 15.23 $ $ 49,187 8,780 40,407 3,170 9,244 30,000 16,481 4,910 11,571 $ 1,304,706 824,758 339,385 1,058,754 152,829 107,335 $ 1.64 1.64 0.92 19.58 13.75 Weighted average shares outstanding, basic Weighted average shares outstanding, diluted 8,680,502 8,688,450 7,867,198 7,877,576 7,872,870 7,884,561 7,834,351 7,845,652 6,982,524 6,989,877 Selected Ratios: Return on average assets Return on average equity1 Return on average tangible equity2 Dividend payout ratio Efficiency ratio3 Net interest margin Asset Quality Ratios: Allowance for loan losses to period-end loans Allowance for loan losses to period-end non-performing loans Non-performing assets to total assets Net charge-offs to average loans Capital Ratios: Total risk-based capital ratio Common equity tier 1 capital ratio Tier 1 risk-based capital ratio Tier 1 leverage ratio Tangible equity to tangible assets ratio4 0.99% 7.65% 10.62% 53.60% 63.81% 3.69% 0.97% 7.40% 10.31% 56.80% 63.41% 3.66% 1.20% 9.52% 13.75% 46.03% 57.57% 4.10% 1.23% 10.08% 15.25% 45.06% 58.23% 4.44% 1.25% 1.48% 1.59% 1.54% 242.09% 0.48% 0.08% 16.34% 12.88% 15.23% 12.05% 10.08% 302.21% 0.46% 0.07% 17.86% n/a 16.59% 12.16% 10.00% 248.47% 0.65% (0.02)% 18.14% n/a 16.88% 11.81% 9.91% 227.95% 0.90% 0.07% 17.00% n/a 15.75% 11.27% 9.64% 1.07% 8.88% 12.97% 55.50% 58.48% 4.35% 1.28% 76.76% 1.46% 0.16% 15.55% n/a 14.36% 10.32% 8.52% 1 Return on average equity is calculated by dividing net income available to common shareholders by average common equity. 2 Return on average tangible equity is calculated by dividing net income available to common shareholders plus amortization of intangibles tax effected by average common equity less average intangibles. 3 The efficiency ratio is calculated by dividing noninterest expense excluding gains or losses on the sale of other real estate owned by net interest income including tax equivalent income on nontaxable loans and securities and excluding (a) gains or losses on securities and (b) gains or losses on sale of premises and equipment. 4 Tangible equity to tangible assets ratio is calculated by dividing period-end common equity less period-end intangibles by period-end assets less period-end intangibles. 10 Performance Graphs Total Deposits (in millions) $1,059 $1,028 $1,058 $1,076 $1,263 2011 2012 2013 2014 2015 Total Loans (in millions) $825 $789 $795 $841 $1,006 2011 2012 2013 2014 2015 Total Assets (in millions) $1,548 $1,305 $1,284 $1,308 $1,346 2011 2012 2013 2014 2015 11 $1,750 $1,500 $1,250 $1,000 $750 $500 $1,750 $1,500 $1,250 $1,000 $750 $500 $1,750 $1,500 $1,250 $1,000 $750 $500 Consolidated Balance Sheets (Dollars in thousands, except per share data) ASSETS Cash and due from banks Interest-bearing deposits in other banks Securities available for sale, at fair value Restricted stock, at cost Loans held for sale Loans, net of unearned income Less allowance for loan losses Net loans Premises and equipment, net Other real estate owned, net of valuation allowance of $329 in 2015 and $2,971 in 2014 Goodwill Core deposit intangibles, net Bank owned life insurance Accrued interest receivable and other assets Total assets LIABILITIES and SHAREHOLDERS’ EQUITY Liabilities: Demand deposits—noninterest bearing Demand deposits—interest bearing Money market deposits Savings deposits Time deposits Total deposits Customer repurchase agreements Long-term borrowings Junior subordinated debt Accrued interest payable and other liabilities Total liabilities Commitments and contingencies Shareholders’ equity: Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding Common stock, $1 par, 20,000,000 shares authorized, 8,622,007 shares outstanding at December 31, 2015, and 7,873,474 shares outstanding at December 31, 2014 Capital in excess of par value Retained earnings Accumulated other comprehensive income, net Total shareholders’ equity Total liabilities and shareholders’ equity 12 December 31, 2015 2014 $ 19,352 75,985 $ 29,272 38,031 340,349 5,312 3,266 1,005,525 (12,601) 992,924 344,716 4,367 616 840,925 (12,427) 828,498 23,567 23,025 2,184 43,872 2,683 17,658 20,447 $ 1,547,599 2,119 39,043 2,045 15,193 19,567 $ 1,346,492 $ 322,442 227,030 200,495 115,383 397,310 1,262,660 40,611 9,958 27,622 8,913 1,349,764 $ 254,458 193,432 174,000 90,130 363,817 1,075,837 53,480 9,935 27,521 5,939 1,172,712 – – 8,605 75,375 111,565 2,290 197,835 $ 1,547,599 7,872 57,650 104,594 3,664 173,780 $ 1,346,492 (Dollars in thousands, except per share data) Consolidated Statements of Income For the Years Ended December 31, 2014 2015 2013 Interest and Dividend Income: Interest and fees on loans Interest on federal funds sold Interest and dividends on securities: Taxable Tax-exempt Dividends Other interest income Total interest and dividend income Interest Expense: Interest on deposits Interest on short-term borrowings Interest on long-term borrowings Interest on junior subordinated debt Total interest expense Net Interest Income: Provision for Loan Losses Net Interest Income after Provision for Loan Losses Noninterest Income: Trust fees Service charges on deposit accounts Other fees and commissions Mortgage banking income Securities gains, net Brokerage fees Income from Small Business Investment Companies Other Total noninterest income Noninterest Expense: Salaries Employee benefits Occupancy and equipment FDIC assessment Bank franchise tax Core deposit intangible amortization Data processing Software Other real estate owned, net Merger-related expenses Other Total noninterest expense Income before income taxes Income taxes Net Income Net Income Per Common Share: Basic Diluted Average Common Shares Outstanding: Basic Diluted $ 46,860 6 $ 39,257 – $ 44,817 – 4,072 3,681 346 204 55,169 4,811 9 324 760 5,904 49,265 950 48,315 3,935 2,066 2,377 1,320 867 946 912 864 13,287 16,554 4,311 4,425 750 898 1,201 1,725 1,158 99 1,998 7,424 40,543 21,059 6,020 15,039 1.73 1.73 $ $ $ 3,775 3,971 296 156 47,455 4,654 9 325 742 5,730 41,725 400 41,325 4,196 1,735 1,903 1,126 505 643 176 892 11,176 14,688 2,988 3,727 647 901 1,114 1,448 1,019 240 780 7,006 34,558 17,943 5,202 12,741 1.62 1.62 $ $ $ 3,530 4,213 245 151 52,956 5,460 40 329 754 6,583 46,373 294 46,079 3,689 1,750 1,864 2,008 192 469 12 843 10,827 14,059 3,848 3,614 647 745 1,501 1,248 923 1,523 – 6,997 35,105 21,801 6,054 15,747 2.00 2.00 $ $ $ 8,680,502 8,688,450 7,867,198 7,877,576 7,872,870 7,884,561 13 Executive Management (as of January 1, 2016) Jeffrey V. Haley President Chief Executive Officer R. Helm Dobbins Executive Vice President Chief Credit Officer Dabney T.P. Gilliam Jr. Executive Vice President Chief Administrative Officer (retired March 31, 2016) H. Gregg Strader Executive Vice President Chief Banking Officer Board of Directors (as of January 1, 2016) William W. Traynham Executive Vice President Chief Financial Officer American National Bankshares Inc. and American National Bank and Trust Company Director Emeritus Robert A. Ward Board of Directors Fred A. Blair President Blair Construction Inc. Gretna, VA Director since 1992 Committees 1, 5, 6 Frank C. Crist Jr., D.D.S. President Brady & Crist Dentists Inc. Lynchburg, VA Director since 2006 Committees 3, 5, 6 Ben J. Davenport Jr. Chairman First Piedmont Corporation Davenport Energy Inc. Chatham, VA Director since 1992 Committees 2, 4, 6 Jeffrey V. Haley President & Chief Executive Officer American National Bankshares Inc. American National Bank and Trust Company Danville, VA Director since 2010 Committee 7 Michael P. Haley Retired Advisor Fenway Partners New York, NY Director since 2002 Committees 1, 2, 4, 6, 8 Charles S. Harris Executive Vice President Averett University Danville, VA Director since 2008 Committees 5, 6 F. D. Hornaday III President & Chief Executive Officer Knit Wear Fabrics Inc. Burlington, NC Director since 2011 Committees 3, 6, 7 John H. Love President & Chief Executive Officer W. E. Love & Associates Inc. Burlington, NC Director since 2011 Committees 4, 5, 6 Franklin W. Maddux, M.D. Chief Medical Officer Executive Vice President for Clinical & Scientific Affairs Fresenius Medical Care North America Waltham, MA Director since 2002 Committees 1, 3, 6 Charles H. Majors Chairman of the Board American National Bankshares Inc. American National Bank and Trust Company Danville, VA Director since 1981 Committee 7 Claude B. Owen Jr. Retired Chairman & Chief Executive Officer DIMON Inc. Danville, VA Director since 1984 Committees 2, 3, 6, 7, 8 Ronda M. Penn Chief Financial Officer Plexus Capital LLC Raleigh, NC Director since 2015 Committees 1, 6 Dan M. Pleasant Chief Operating Officer The Dewberry Companies Inc. Fairfax, VA Director since 2011 Committees 4, 6, 8 Joel R. Shepherd President Virginia Home Furnishings Inc. 220 Self Storage Inc. Roanoke, VA Director since 2015 Committees 6, 8 Committees 1. Audit 2. Chief Executive Officer’s Advisory 3. Corporate Governance and Nominating 4. Human Resources and Compensation 5. Risk and Compliance 6. Stock Grant and Option 7. Trust 8. Capital Management 14 Advisory Boards (as of January 1, 2016) NORTH CAROLINA VIRGINIA Thomas E. Chandler Jr. President Chandler Concrete Company Inc. Dawn S. Chaney President Chaney Properties James B. Crouch Jr. Vice President Harris, Crouch, Long, Scott & Miller Inc. J. Nathan Duggins III Partner Tuggle, Duggins & Meschan P.A. Anthony E. Foriest Retired Xerox Corporation John A. Holt Sr. President & Chief Financial Officer DynaYarn USA LLC David S. Johnson, M.D. Physician Burlington Pediatrics Teena M. Koury Owner Carolina Hosiery Mills John B. Leath Chief Executive Officer Acucote Inc. Phillip J. Nahser Jr., M.D. Cardiologist Cone Health Medical Group Richard H. Ramsey Operating Partner New Page Capital President Engineered Steel Products, Inc. Diane M. Rumley, CPA Partner Leeper, Kean & Rumley LLP Adrian T. Smith Chief Executive Officer Ice Age Management James H. Smith Jr. President Villane Inc. Kim E. Adkins Former Mayor City of Martinsville President KEA Consulting Services Martha W. Medley Partner Daniel, Medley & Kirby P.C. Chris F. Mohr Chairman & Chief Executive Officer Ameristaff Inc. Jay E. Barker President JEB International Tobacco Company James K. Muehleck, D.D.S Dentist Martinsville Thomas S. Stump President & Chief Executive Officer First Piedmont Corporation Michael A. Thornton President Progress Printing William C. Vaughn Vice President J & R Management Inc. Lewis E. Wall Jr. President Davenport Energy James E. Barkhouser President Barkhouser Motors Inc. J. Brian Burton President J.E. Burton Construction Company Thomas C. Capps President Capps Shoe Company Inc. Timothy J. Clark Vice President Blair Construction Inc. James D. Coleman Jr. President Rives Brown Realty S. Cabell Dudley Jr. Retired Executive American National Bank and Trust Company Tiffany M. Franks, Ph.D. President Averett University Harold E. Green Jr. President Distinct Impressions Inc. Wanda B. Jeffress Owner Jeffress Funeral Home Earnest C. Jordan Retired Senior Vice President American National Bank and Trust Company Brian J. Kelleher Vice President Atlantic Precision Resources Inc. Chris A. Lumsden Chief Executive Officer Halifax Regional Hospital 15 PO Box 191 Danville, VA 24543 amnb.com