Community Bankers Trust Corp. Announces New Share Repurchase Program

3/3/21

Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has authorized the repurchase of up to 1,000,000 shares of its common stock through February 2022. Shares of common stock may be purchased under the program periodically in privately negotiated transactions or in open market transactions at prevailing market prices, and pursuant to a trading plan in accordance with applicable securities laws.

Rex L. Smith, III, the Company's President and Chief Executive Officer, stated, "We remain focused on our key growth strategies for 2021, including maintaining a balance between capital strength and total shareholder return. The use of our capital through this program is an important opportunity toward long-term growth, value enhancement and price efficiency for our shareholders."

About Community Bankers Trust Corporation and Essex Bank

Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 24 full-service offices, 18 of which are in Virginia and six of which are in Maryland. The Bank also operates two loan production offices.

Additional information on the Bank is available on the Bank's website at www.essexbank.com. For information on Community Bankers Trust Corporation, please visit its website at www.cbtrustcorp.com.

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