The Board of Directors of Treasure State Bank (OTCBB:TRSU) today announced the appointment of James Salisbury as President & CEO. Mr. Salisbury replaces Shelley Boutelle, who has served as President & CEO since the Bank’s inception in January 2007.

Mr. Salisbury was one of the original organizers of the Bank and has been an active member of the Board of Directors. He serves as Vice Chairman of the Board and Chairman of the Asset Liability Management and Interest Rate Risk Committee. He is also a member of the Executive Committee and Loan Committee.

Mr. Salisbury has over 20 years experience in banking. Prior to being involved with Treasure State Bank, he served as Executive Vice President and Chief Financial Officer of the Missoula-based Western Security Bank, a subsidiary of the publicly traded WesterFed Financial Corporation, with over $1 billion in assets.

According to Mark Hawkins, Board Chairman, “Mr. Salisbury has the full confidence of the Board. His expertise in directing the financial affairs of large institutions, coupled with his intimate knowledge of the Bank and experience managing bank capital and dealing with regulatory compliance issues, makes him an ideal person to assume leadership responsibility during this critical period in the Bank’s development. His appointment has been approved by the FDIC and Montana Division of Banking and Financial Institutions.”

About Treasure State Bank

Treasure State Bank, a state chartered bank, is headquartered in Missoula, Montana. The Bank was founded in January 2007. Treasure State Bank currently trades on the Over the Counter Bulletin Board (OTCBB) under the ticker symbol “TRSU”. Treasure State Bank serves businesses, professionals, non-profit organizations and individuals through customized banking services and products. For more information, please visit www.treasurestatebank.com.