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Jefferson Security Bank Announces Earnings for the First Quarter of 2010

April 27, 2010 - Jefferson Security Bank Post Office Box 35, 105 East Washington Street, Shepherdstown, West Virginia 25443 (304) 876-9000

FOR IMMEDIATE RELEASE Contact: K. Stephen Morris, President and CEO 304-876-9025

President and CEO of Jefferson Security Bank (OTCBB: JFWV), K. Stephen Morris, announced the results of operations for the first quarter of 2010 and commented, “First quarter 2010 net income was $225,025, $0.78 per share. The results are reflective of the continuing sluggish economy. Despite the challenges related to the current economy, Jefferson Security Bank remains well capitalized as defined by regulatory guidelines.”

As of March 31, 2010, total assets of the Bank were $258.1 million, loans, net of reserve, were $142.9 million and deposits were $236.0 million. The return on average assets was 0.36%, and the return on average equity was 4.71% for the quarter ended March 31, 2010. At March 31, 2010, net loans to deposits was 60.55% and book value per share was $67.30.

Jefferson Security Bank, founded in 1869, is a community bank engaged in general banking business in Berkeley County and Jefferson County, West Virginia, and Washington County, Maryland. The Bank has six offices.

This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections. Readers are encouraged to read filings the Bank has made with the Federal Deposit Insurance Corporation for additional information. Offices: 105 East Washington Street, Shepherdstown, WV (304-876-9000) 7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800) 873 East Washington Street, Charles Town, WV (304-725-9752) 277 Mineral Drive, Suite 1, Inwood, WV (304-229-6000) 1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900) 103 West Main Street, Sharpsburg, MD (301-432-3900)

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