OXFORD, Mich., Dec. 21 /PRNewswire-FirstCall/ -- The board of directors of Oxford Bank Corporation (OTC:OXBC) (BULLETIN BOARD: OXBC) , the holding company for Oxford Bank, announced today the Bank appointments of Anthony P. Lasher and Sandra D. Whitehead to assistant vice president and Nathan E. Davidson to bank officer. (Photo: http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-a http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-b http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-c ) Mr. Lasher initially joined Oxford Bank as marketing manager in July of 1999 with the responsibility for overseeing and implementing all of the Bank's marketing, communications, and community relations efforts. He was promoted to bank officer and marketing director in December of 2002. Prior to joining Oxford Bank, he spent the previous four years directing the communications efforts of three professional sports franchises in Detroit and Grand Rapids. A resident of Orion Township, Michigan, Mr. Lasher has an undergraduate degree in liberal arts from Albion College, along with a degree from the Robert M. Perry School of Banking at Central Michigan University. The immediate past president for the Kiwanis Club of Oxford-Orion, he also donates his time locally to Crossroads For Youth, Meals-On-Wheels, and the American Cancer Society "Relay For Life." Ms. Whitehead is a 25-year employee of Oxford Bank. She attained her current position of items processing manager in July of 1996 and was appointed a bank officer in December of 1998. Ms. Whitehead is responsible for overseeing all of the Bank's items processing activities as well as assisting in the planning, development, and direction of systems analyses, programming, and operation of its in-house electronic data processing system. A long-time resident of Oxford, she joined the Bank's items processing department in September of 1981 as a co-op student from Oxford High School. Ms. Whitehead transferred to the accounting department as a clerk in June of 1986 and then rejoined the items processing area in March of 1993 as a specialist. A six-year employee of Oxford Bank, Mr. Davidson is the supervisor of the Bank's internal audit function; a position he has held since September of 2005. His responsibilities include evaluating the development and implementation of the Bank's operational and administrative control procedures and monitoring those procedures on a day-to-day basis. Mr. Davidson began his career at Oxford Bank as a teller at its Clarkston retail office. He was promoted twice before joining the auditing department as a clerk in January of 2004. Mr. Davidson is currently pursuing a bachelor's degree in accounting management at Baker College and resides, with his family, in Davison, Michigan. Jeffrey M. Davidson, president and chief executive officer of Oxford Bank Corporation, announced the appointments and commented, "I'm proud to announce the appointments of these three fine individuals. Each has exhibited a strong commitment and consistent contributions to Oxford Bank over the years." Davidson added that, "each of these officers reflect those basic intrinsic values that are the foundation of community banking." Oxford Bank Corporation is a registered holding company. Its subsidiary, Oxford Bank, is the oldest commercial bank in Oakland County and operates eight full-service offices in Clarkston, Davison, Dryden, Goodrich, Lake Orion, Oakland Township, Ortonville and Oxford. It also manages a consumer lending center in Oxford and a commercial lending office in Lake Orion. The Bank has operated continuously under local ownership and management since it first opened for business in 1884. http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-a http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-b http://www.newscom.com/cgi-bin/prnh/20061221/DETH017-c DATASOURCE: Oxford Bank Corporation CONTACT: Anthony P. Lasher of Oxford Bank Corporation, +1-248-628-2533, fax: +1-248-969-7230 Web site: http://www.oxfordbank.com/

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