Mr Dorr will be responsible for providing accounting, budgeting and investment and treasury management to the corporation, the bank and its subsidiaries. He will officially join the bank later this month. Prior to this, Mr Dorr was an associate at Plante & Moran, which specializes in auditing financial institutions, employee benefit plans and manufacturing distribution systems.

Jeffrey Davidson, chairman, president, and CEO, said: It is with great pleasure that I welcome Tom to our senior management team. He brings a wealth of practical financial institution accounting and auditing experience that will prove invaluable as we move forward in 2008.