William D. Spain

William D. Spain, Jr. has served as a Director of the Company since 2000, as a Director of Mahopac Bank since 1991, and as Chairman of the Board of Directors of Mahopac Bank since 1999.  He has been the Managing Partner of Spain & Spain, PC, a law firm in Mahopac, New York, since 1983.  Mr. Spain is also a General Partner in W. D. Spain & Sons, LLP, a family limited partnership that owns Common Stock of the Company. Mr. Spain is a member of the Mahopac Volunteer Fire Department, among other community organizations.  His brother, Michael H. Spain, is also a Director of the Company.  We believe Mr. Spain’s qualifications to sit on our Board of Directors include his strong connections to the business community in and around the Hudson Valley, coupled with more than twenty years of service as a bank Director.  We also note Mr. Spain’s involvement, through board service and in other capacities, with civic organizations in the Hudson Valley.