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Tysons Corner, Virginia and Washington, D.C., June 15, 2026 – ODNB Financial Corporation (private) (“ODNB”), the holding company of Old Dominion National Bank, and National Capital Bancorp, Inc. (OTCID: NACB) (“NACB”), the holding company of The National Capital Bank of Washington (“National Capital Bank”), today jointly announced they have entered into a definitive merger agreement pursuant to which NACB will merge into ODNB, with ODNB surviving as the bank holding company. The combined holding company, which will be named National Capital Bancorp, Inc., expects to list its common stock on Nasdaq or the New York Stock Exchange and trade under the ticker symbol “NACB”. Old Dominion National Bank will merge with and into National Capital Bank, with National Capital Bank surviving as the wholly owned subsidiary bank. In Pennsylvania, Centre 1st Bank will continue as a division of the combined bank. Richard B. (Randy) Anderson, Jr., current Chairman and CEO of NACB, will serve as non-executive Chairman of the Boards of the combined holding company and combined bank. Mark Merrill, current Chairman and CEO of ODNB, will serve as CEO of the combined holding company and combined bank. He will also serve as the President of the combined bank. Jack Infield, current President of ODNB, will serve as President of the combined holding company. The combined company’s board of directors will have seventeen directors, consisting of ten directors from ODNB and seven directors from NACB.
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