June 10, 2009 (FinancialWire) — PAB Bankshares, Inc. (NASDAQ: PABK), the parent company for The Park Avenue Bank, announced the election of Donald J. “Jay” Torbert, Jr. as chief executive officer of the company and the bank.

“Jay has demonstrated the leadership and ability to direct the company in implementing its strategic objectives,” stated James L. Dewar, Jr., chairman of the board of the company. Torbert joined the company in May 2000 and has served as president and Interim chief executive officer of the company and the Bank since April 6, 2009.

The company is a $1.35 billion bank holding company headquartered in Valdosta, Georgia, and its sole operating subsidiary is The Park Avenue Bank.

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