The Community Financial Corp. Appoints Kimberly Briscoe-Tonic to Board

10/6/19

Kimberly Briscoe-Tonic

WALDORF, Md., (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC), the holding company for Community Bank of the Chesapeake, announced that on September 25, 2019, the Board of Directors appointed Kimberly Briscoe-Tonic to the Company’s Board of Directors, effective September 25, 2019. Ms. Briscoe-Tonic will fill the vacancy on the Board created by the September 19, 2019 resignation of John K. Parlett, Jr. Ms. Briscoe-Tonic will be appointed to the Board of Director’s Enterprise Risk Committee. She will continue to serve on the Bank’s Credit Risk Committee.

Ms. Briscoe-Tonic has been a member of the Bank’s Board of Directors since 2016. She owns and operates the Briscoe-Tonic Funeral Home, P.A. with locations in Waldorf and Mechanicsville, Maryland. Ms. Briscoe-Tonic founded the company with her husband, Anthony Tonic, in 2008. She is a respected business leader in Charles and St. Mary’s counties, Maryland. Ms. Briscoe-Tonic earned an Associate of Arts degree in Mortuary Science and has served families throughout the Washington, DC metropolitan areas as a licensed mortician for over 30 years.

Commenting on the appointment, Michael L. Middleton, Chairman of the Board, stated, “Kim has been a valuable member of the Bank’s Board and we are honored to add her to Company’s Board. She is a widely respected small business owner and her experience and insights will greatly benefit the Company’s Board.” William J. Pasenelli, Chief Executive Officer and Vice Chair, commented, “We are grateful to Kim Briscoe-Tonic for her advocacy and support of the Bank. She understands the needs of the small business community and we look forward to her continued contributions as a Company director.”

About The Community Financial Corporation - Headquartered in Waldorf, MD, The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, a full-service commercial bank with assets of approximately $1.7 billion. Through its branch offices and commercial lending centers, Community Bank of the Chesapeake offers a broad range of financial products and services to individuals and businesses. The Company’s banking centers are located at its main office in Waldorf, Maryland, and branch offices in Waldorf, Bryans Road, Dunkirk, Leonardtown, La Plata, Charlotte Hall, Prince Frederick, Lusby and California; and downtown Fredericksburg, Virginia. More information about Community Bank of the Chesapeake can be found at www.cbtc.com.

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