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Two River Community Bank Announces Executive Promotions

MIDDLETOWN, N.J., Dec. 23, 2010 (GLOBE NEWSWIRE) -- William D. Moss, President and CEO of Two River Community Bank, has announced that A. Richard Abrahamian has been promoted to Executive Vice President and Chief Financial Officer, and that Robert C. Werner has been promoted to Executive Vice President and Chief Operating Officer of the Bank.
/ Source: GlobeNewswire

MIDDLETOWN, N.J., Dec. 23, 2010 (GLOBE NEWSWIRE) -- William D. Moss, President and CEO of Two River Community Bank, has announced that A. Richard Abrahamian has been promoted to Executive Vice President and Chief Financial Officer, and that Robert C. Werner has been promoted to Executive Vice President and Chief Operating Officer of the Bank.

"Rich and Rob play key roles in providing for the continued growth and prosperity of our bank," Mr. Moss stated. "Our industry and our economy will face numerous challenges in 2011, and we are fortunate to have such experienced, proven individuals in these key leadership positions," he concluded.

Mr. Abrahamian previously served as Vice President, Treasurer and Chief Financial Officer of Center Bancorp, Inc., the holding company of Union Center National Bank, based in Union, NJ.  His 29-year banking career also includes senior management positions with Synergy Financial Group, PNC Bank and United National Bancorp.

Mr. Abrahamian holds an MBA in Finance from Fairleigh Dickinson University. He also graduated with distinction from the Stonier Graduate School of Banking, sponsored by the American Bankers Association.

Mr. Werner most recently served as Executive Vice President and Chief Operating Officer of QNB Bank, a 10-branch bank headquartered in Quakertown, PA. He served that institution for more than 24 years. Mr. Werner was also an Associate of Littlewood, Shain & Company, a bank consulting firm based in Wayne, PA, for more than six years. 

Mr. Werner holds a BA in Economics from Villanova University, Villanova, PA. He also completed numerous graduate-level courses from that institution.

Headquartered in Middletown, New Jersey, Two River Community Bank is a full service banking institution, operating 11 branches throughout Monmouth County and four branch locations in Union County. The Company serves residential, commercial and private banking customers in Monmouth, Union, Ocean, and Middlesex counties. Two River Community Bank is a wholly owned subsidiary of Community Partners Bancorp (Nasdaq:CPBC), also headquartered in Middletown.

CONTACT: Two River Community Bank William D. Moss, President & CEO 732-706-9009 wmoss@tworiverbank.com