Commercial National Financial Corp. Finalizes Agency Purchases

December 11, 2002

Commercial National Financial Corporation has completed its previously announced acquisition of the insurance agencies, Gooder Agency, Inc. and Gooder & Mary, Inc. As part of the transaction, Commercial National acquired the sellers’ interest in Commercial National Insurance Services, giving it 100 percent ownership of that insurance agency. The Gooder Agency will operate as a wholly owned subsidiary of Commercial National Insurance Services.

The Gooder Agency, located in Ligonier, Pa., was formed in 1981 as a full service provider of insurance products for individuals and businesses. The agency represents fifteen (15) national, regional and mutual insurance companies. Gooder & Mary was formed in 1998 as the joint venture partner with Commercial National Investment Corporation in Commercial National Insurance Services.

Commercial National Financial Corporation is also the parent company of Commercial National Bank of Pennsylvania. In addition to Latrobe where it is headquartered, the company operates community banking facilities in Greensburg, Hempfield Township, Ligonier, Norwin, Unity Township and West Newton, Pa.

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