June 2, 2010
Hometown Bank Grows Assets, Reelects Board Members
By Matthew L. Brown
Oxford-based Hometown Bank grew its assets to $212.4 million in 2009, a more-than $8.5 million increase over the previous year.
The bank's profit dipped to $1.8 million from $2 million the previous year.
At its recent annual meeting, the bank's shareholders reelected four directors and the board elected officers for the year.
Shareholders reelected Brian Galonek, Hank LaMountain, Jeanne Katrenak and Matthew Sosik, the bank's CEO, to new terms on the board of directors. The board reelected Katrenak to a second term as chairman of the board.
Hometown has offices in Oxford, Webster and Sturbridge.
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