The president and chief executive officer of Harleysville National Corp. resigned without explanation Tuesday.
Mr. Wagner joined the $3.2 billion-asset Harleysville, Pa., company in 1994 and became its CEO in May of last year, succeeding Walter E. Daller, who remains its chairman.
Demetra "Deb" M. Takes, the president of the company's sole banking subsidiary, Harleysville National Bank and Trust Co., was named the holding company's interim president and CEO while the board searches for a successor.
Mr. Daller would not discuss the details of the resignation. Mr. Wagner could be reached for comment. A call to Ms. Takes was not returned.
Harleysville National Bank, founded in 1909, has 45 branches in 10 Pennsylvania counties.
The bank's second-quarter earnings increased 3% from a year earlier, to $9.7 million. Its return on assets slipped 4 basis points, to 1.23%, and its return on equity dropped 82 basis points, to 13.81%. Its efficiency ratio improved by 252 basis points, to 54.45%.
Last year its earnings increased 2%, to $37 million.
