Bank of Smithtown Names New Executives

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Bank of Smithtown (a subsidiary of Smithtown Bancorp) (NASDAQ: SMTB) has named several new executives for both the Bank and the holding company.

John Romano has been named as President & Chief Operating Officer of the Bank and the holding company. For the past ten years, Mr. Romano has served at Bank of Smithtown as Executive Vice President & Chief Retail Officer. He previously served as a Vice President at Astoria Federal Savings.

Christopher Becker has been named Executive Vice President & Chief Financial Officer of the Bank and the holding company. Mr. Becker joined the Bank this past April as an Executive Vice President in the finance area. He previously served in roles as Chief Financial Officer and Chief Operating Officer at Bridgehampton National Bank. Anita Florek has also been named as Executive Vice President & Chief Accounting Officer of the Bank and the holding company.

The Chairman of the Board & Chief Executive Officer, Brad Rock, commented: "The Board and I feel that these appointments will strengthen our executive management team. Each of these individuals is capable and experienced, and we look forward to their contributions in their new roles."

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."

Contact:
Ms. Judith Barber
Corporate Secretary

Corporate Headquarters
100 Motor Parkway, Suite 160
Hauppauge, NY  11788-5138
Direct Dial:  631-360-9304
Direct Fax:   631-360-9380
brock@bankofsmithtown.net

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