For Immediate Release                            For Further Information Contact
February 5, 2003                                 Stanley M. Kiser
                                                 President & CEO
                                                 (304) 652-3671


                  Sistersville Bancorp, Inc. Announces Stock Repurchase

     Sistersville,  WV - Sistersville Bancorp, Inc. (the "Company"),  the parent
holding company of First Federal Savings Bank (the "Bank"), today announced that
it has received Board approval to initiate a repurchase  plan covering up to 10%
or 43,759  shares of the  Company's  common  stock to be  purchased  in the open
market.  The Company  currently has 437,592 shares of common stock  outstanding.
Mr.  Stanley M. Kiser,  President  and Chief  Executive  Officer of the Company,
indicated  that the  repurchases  would be made from time to time in open-market
transactions, subject to the availability of stock. The repurchased shares would
be available for general corporate use.

     First  Federal  Savings  Bank,  a  federally  chartered  savings  bank,  is
headquartered  in Sistersville,  West Virginia,  with a branch office located in
Parkersburg,  West Virginia.  The Bank's  deposits are insured up to the maximum
legal amount by the Federal Deposit Insurance  Corporation (FDIC). The Company's
common stock is traded in the over-the-counter  market with quotations available
through the OTC "Electronic Bulletin Board" under the symbol "SVBC".