NEWS RELEASE
                                    FOR MORE INFORMATION CONTACT
                                    Shirley B. Kessler
                                    President and
                                    Chief Executive Officer      
                                    ----------------------------

                                    FOR IMMEDIATE RELEASE
                                    (618) 395-8676

                   COMMUNITY FINANCIAL CORP.
               TO ACQUIRE EGYPTIAN BANCSHARES, INC.,
     THE EGYPTIAN STATE BANK AND SALINE COUNTY STATE BANK

     Olney, Illinois - May 22, 1997.  Community Financial Corp.
(Nasdaq.nms: CFIC), the holding company for Community Bank &
Trust, N.A., and Egyptian Bancshares, Inc., the holding company
for The Egyptian State Bank and Saline County State Bank, an
nounced today that they have signed an agreement pursuant to
which Community Financial Corp. will acquire Egyptian Bancshares,
Inc. for a cash purchase price currently estimated to be $8.0
million.

     The Egyptian State Bank has one office, located in Carrier
Mills, Illinois, with total assets of $24.9 million, and Saline
County State Bank has two offices, located in Stonefort and Creal
Springs, Illinois, with total assets of $16.4 million.  It is
anticipated that both banks will remain as separate bank subsid
iaries of Community Financial Corp. following the acquisition.
Most of the existing Directors of the banks have agreed to
continue to serve as Directors of the Banks.  All staff members
will be retained to ensure the high level of service the custom
ers have come to expect.

     "Community Financial Corp. is very enthusiastic about its
agreement to purchase Egyptian Bancshares, Inc.," stated Shirley
B. Kessler, President of Community Financial Corp.  "We are
excited about the growth potential these markets hold and the
opportunity to offer our existing products to new customers."

     Thomas E. Overstreet, President of both The Egyptian State
Bank and Saline County State Bank, said, "We believe that affili
ation with Community Bank & Trust will enable us to enhance our
product offerings and better serve our communities.  Community
Bank & Trust provides the same kind of personal service that has
been the foundation of our growth.  We are confident that our
customers will benefit from this affiliation."

    The acquisition would result in consolidated assets for
Community Financial Corp. of approximately $224.0 million,
consolidated loans of approximately $137.6 million and consoli
dated deposits of approximately $174.1 million based on March 31,
1997 financial information.  The acquisition is expected to be
completed in the fourth quarter of 1997 and is subject to various
conditions, including regulatory approval and the approval of the
shareholders of Egyptian Bancshares, Inc.

    Community Financial Corp. is the bank holding company for
Community Bank & Trust, N.A.  Community Bank & Trust, N.A.
operates five offices serving Richland, Coles, Jasper, Lawrence,
and Wayne Counties in Southeastern Illinois.