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VOLUME 1, NO. 1 JULY 2017


EDITOR


Donna Harden – SVP/Chief Marketing Officer


MIDWEST INDEPENDENT BANCSHARES, INC. Chairman – David Crader, CEO, The Bank of Missouri


Vice Chairman – Mike Hoffman, President/CEO, Bank of Sullivan


MIDWEST INDEPENDENT BANK Chairman – Ed Buscher,


President/CEO, The Missouri Bank Vice Chairman – Kurt Henstorf, President/CEO, First Heritage Bank


FIRST BANKERS’ BANC SECURITIES, INC. Chairman – David Crader, CEO, The Bank of Missouri


OUR MIB EXECUTIVE TEAM: Matt Sinnett – President/CEO


Roger Mealy – EVP/Chief Financial Officer Sheila Noll – EVP/Chief Operations Officer Joe Kollmeyer – SVP/Chief Lending Officer


OUR MIB SALES TEAM:


Chris Bryan – SVP/Sales Team Manager Western MO - 816-501-6481


Dan Ward – EVP/Relationship Manager Eastern MO - 573-230-7716


Tim Burns – SVP/Relationship Manager Nebraska - 402-480-0075


Stacy Snyder – VP/Relationship Manager Iowa - 515-468-9688


Ron Hobson – VP/Relationship Manager Northern IL - 217-685-6049


Marlene Luther – VP/Relationship Manager Southern IL - 618-381-3104


MIB MISSION STATEMENT:


We are a bankers’ bank dedicated to providing exceptional correspondent


banking products, services and solutions for community banks, while increasing value to our investor institutions.


MIB Community Banking Magazine All rights are strictly reserved, and reproduction in whole or in part is


expressly prohibited without permission from the editor.


FROM THE PRESIDENT


Matt Sinnett, President/Chief Executive Officer, Midwest Independent Bancshares, Inc. & Midwest Independent Bank


I’m pleased to say we’re off to a great start for the year. We had two one-time events dur- ing this first quarter that made things look exceptional. However, even without those events, we’re still off to a better start than last year. In fact, earnings are up 27.5%, driven largely by our loan growth. We have some new faces helping to lead MIB; two new directors were added to the


full board in March — Robbie Fuchs, President and CEO of Community Bank of Mar- shall and Mike Hoffman, President and CEO of Bank of Sullivan. Bringing with them many years of banking experience, two new advisory directors were also added in April — Scott Zimbelman, President and CEO of Homestead Bank and David Alderton, Jr., Chairman of the Board and President of Peoples Bank of Wyaconda. When it comes to adding new business, we’re as busy as we’ve ever been. Missouri


and Nebraska are really strong, and our Iowa and Illinois markets are picking up. We’re doing well on earnings and our efficiency ratio is one of the lowest among our


peers. We’re proud to say “your Bankers’ Bank” is in great health. Our classifications are below 5% and we’re very well capitalized. You can take pride in the fact that your bankers’ bank is clean and running well, something we know would not be possible without you, our stockholders and customers. Even in this difficult investment climate, First Bankers’ Banc Securities, Inc. is busy developing new business. Tey’ve added some new staff (Duane Kerner and Steve Tomp- son) and they look forward to meeting you in the near future. Our audit subsidiary remains busy as well, and is continuing to expand relationships and build business. Tey have also added new staff to their team, as Eric Fors (IT Auditor) started employment with us recently. We’re entering convention mode as summer is upon us. I look forward to seeing many of you in the com months. I know the rest of the staff is excited to get out and see everyone as well. Join us for one of our gololf outings or one of our community banking conferences in August or October as we focus on important issues for community banks.


he ne


well, and is d business. m, as Eri en ly


mer is upo he coming d to


et es nt We hope you like the first edition of our


new publication. As we transition from quarter- ly newsletters to bi-annual magazines we willll try to expand on the valuable content. We wiilll continue to send out brief electronic newslet- ters each month as well.


We hope to keep our great start to 2017


going, so please reach out to us with any needs you may have. Remember at MIB we are your Bankers’ Bank and we are here to assist community banks.


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