Leadership

Board of Directors

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Michael L. Middleton

Chairman of the Board

Photo of Michael L. Middleton

Michael L. Middleton is the Chairman of the Board for The Community Financial Corporation and its banking subsidiary, Community Bank of the Chesapeake, Waldorf, Maryland. Mr. Middleton joined the Bank in 1973 and was promoted to President and Chief Executive Officer in 1979. Mr. Middleton assumed his role as Executive Chairman of the Board on July 1, 2014. Prior to joining the Bank, Mr. Middleton was employed by KMPG-Peat Marwick, Baltimore, Maryland.

Education and Professional Accreditations

Mr. Middleton graduated from Bellarmine University, Louisville, Kentucky with a Bachelor of Arts degree in Accounting. He earned his Master of Business Administration with a concentration in Finance from the Robert H. Smith School of Business at the University of Maryland.

His professional accreditation includes a Certificate of Public Accounting and the Program for Negotiation for Senior Executives at Harvard University.

Professional Memberships

Mr. Middleton is the former Director and Chairman of the Board of Directors of the Maryland Bankers Association and the Federal Home Loan Bank of Atlanta and was a Director of the Council of the Federal Home Loan Banks. He is a former director of the Federal Reserve Bank of Richmond, Baltimore Branch and a member of the Federal Reserve Board's Community Depository Institutions Advisory Committee.

Community Involvement

Mr. Middleton gives generously of his time. He is a director on several boards, philanthropic foundations and a historical preservation foundation.

William J. Pasenelli

Chief Executive Officer

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Bill Pasenelli is the Chief Executive Officer of Community Bank of the Chesapeake. He is responsible for the strategic direction of the Bank. Prior to joining Community Bank in 2000, Mr. Pasenelli served as Chief Financial Officer of Acacia Federal Savings Bank, Annandale, Virginia, since 1987.

Education and Professional Accreditations

Mr. Pasenelli graduated magna cum laude from Duke University with a Bachelor of Arts degree in Management Science. He is a Certified Public Accountant and graduated from the National School of Banking.

Community Involvement 

Mr. Pasenelli serves on the board of directors for the Maryland Bankers Association and the Maryland Chamber of Commerce. He is a member of the American Institute of Certified Public Accountants, the Greater Washington Society of Certified Public Accountants and other civic groups.

James M. Burke

President 

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Jimmy Burke is President of Community Bank of the Chesapeake. Prior to joining Community Bank in 2005, he served as Executive Vice President and Senior Loan Officer at Mercantile Southern Maryland Bank. In his current capacity, Mr. Burke is responsible for managing the Bank's resources to achieve strategic and financial goals and objectives, while meeting the expectations of directors, clients, staff, shareholders and regulators.

Education and Professional Accreditations

Mr. Burke received his Bachelor of Arts in Political Science from High Point College, High Point, North Carolina. He is a graduate of the Maryland Bankers School and the East Carolina Advanced School of Commercial Lending.

Community Involvement

Mr. Burke is on the board of directors for the ARC of Southern Maryland, and a Trustee for St. Mary's Ryken High School and Historic Sotterley Plantation.

Todd L. Capitani

Executive Vice President and Chief Financial Officer

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Todd Capitani is Executive Vice President and Chief Financial Officer for Community Bank of the Chesapeake. Prior to joining Community Bank in 2009, he served as Senior Manager at Deloitte Consulting and as Chief Financial Officer at Ruesch International, Inc. Mr. Capitani has more than 25 years of experience in government contract accounting, controllership, corporate finance, business operations and external audit.

Education and Professional Accreditations

Mr. Capitani is a certified accountant and received his Bachelor of Arts in business economics with a concentration in accounting from the University of California at Santa Barbara. He is a member of the American Institute of Certified Public Accountants.

Community Involvement

Todd is involved with several local charities, religious and community organizations.

Christy M. Lombardi

Executive Vice President and Chief Operations Officer

Photo of Christy M. Lombardi

Christy Lombardi is Executive Vice President and Chief Operations Officer of Community Bank of the Chesapeake. She is responsible for administrative and corporate governance matters for the Company, and oversees human resources and shareholder relations. Mrs. Lombardi joined Community Bank in 1998, and has 20 years of banking experience.

Education and Professional Accreditations

Mrs. Lombardi graduated from the University of Maryland University College with a Bachelor of Science in human resources management. She received her Master's of Management and Master of Business Administration from University of Maryland University College in 2014 and 2015, respectively. Mrs. Lombardi is also a graduate of the Maryland Banking School.

Community Involvement

Mrs. Lombardi serves as immediate past chair of the Calvert County Chamber of Commerce Board of Directors, member of the Advisory Board for the Maryland Banker's Association Council of Professional Women in Banking and Finance and member of the College of Southern Maryland Foundation Board. She also serves on the Audit Committee of the Tri-County Council and is a member of the Southern Maryland Workforce Development Board.

John Chappelle

Executive Vice President and Chief Digital Officer 

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John Chappelle is Executive Vice President and Chief Digital Officer of Community Bank of the Chesapeake. Mr. Chappelle joined Community Bank in 2007 as a Commercial Services Officer. He has over 20 years of experience in the financial industry and is responsible for overseeing the digital banking strategy and customer experience.

Education and Professional Accreditations

Mr. Chappelle graduated from Mount St. Mary's University with a Bachelor of Science in Business Administration and Economics. He received his Master of Business Administration from University of Maryland University College. Mr. Chappelle is also a graduate of Maryland Banking School and holds multiple industry certifications related to electronic banking and payments. 

Community Involvement 

Mr. Chappelle serves on the board for Bay Community Support Services and is Chair Elect of the Charles County Chamber of Commerce. 

Scot Ebron

Executive Vice President and Chief Banking Officer, Virginia 

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Scot Ebron is Executive Vice President and Chief Banking Officer of Community Bank of the Chesapeake, overseeing the Virgina Market. Prior to joining Community Bank, Mr. Ebron has nearly 30 years of banking experience in roles including commercial loan officer, senior lender and market executive. 

Education and Professional Accreditations

Mr. Ebron graduated from University of North Carolina with a bachelor's degree in economics. 

Community Involvement 

Mr. Ebron currently serves on the boards of Sagepoint Foundation, Maryland Veterans Memorial Museum and Gwyneth's Gift Foundation. He also serves on the College of Southern Maryland's Business Advisory Council.

Lacey Pierce

Executive Vice President and Chief Administrative Officer

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Lacey Pierce is Executive Vice President and Chief Administrative Officer of Community Bank of the Chesapeake. Ms. Pierce joined Community Bank in 2007 as a Junior Lender. In 2012 she was promoted to Vice President and Senior Lender for the Calvert County market and then promoted to Senior Vice President in 2015. 

Education and Professional Accreditations

Ms. Pierce graduated from Maryland Banking School in 2013. She has a bachelor's degree from Towson University. 

Community Involvement 

Ms. Pierce serves on the boards of The Arc of Southern Maryland and Farming 4 Hunger. 

Patrick Pierce

Executive Vice President and Chief Banking Officer, Maryland 

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Patrick Pierce is Executive Vice President and Chief Banking Officer of Community Bank of the Chesapeake for the Maryland Market. Mr. Pierce joined the Community Bank team in 2003 as Branch Manager Trainee and transitioned into commercial lending in 2006. In 2013, Patrick became the Senior Lender for the Charles County market. 

Education and Professional Accreditations

Mr. Pierce earned a bachelor's degree in business management from the University of Maryland University College. He graduated from Maryland Banking School in 2008. 

Community Involvement 

Mr. Pierce currently serves on the University of Maryland Charles Regional Medical Center's board of directors and is a board member and Treasurer for the La Plata Business Association. 

Talal Tay

Executive Vice President and Chief Risk Officer 

Photo of Talal Tay

Talal Tay is Executive Vice President and Chief Risk Officer of Community Bank of the Chesapeake. In this role he provides oversight to the compliance department and leadership to the risk, credit, loan review and information security departments. 

Prior to joining Community Bank, Mr. Tay held various positions in the audit and risk areas of the financial services industry, including 2 years of international experience, specializing in audits of financial institution clients and risk management framework methodologies. 

Education and Professional Accreditations

Mr. Tay earned a bachelor's degree in business marketing from Florida State University and accounting studies from the University of Texas at San Antonio. He has a Certified Anti-Money Laundering Specialist designation.