Community Bankers Association of Illinois
+
May 2013
41
Raymond Adolphson
has retired as chairman of
Tompkins
State Bank, Avon
and the board of its holding company,
Tompkins Bancorp, Inc.
His retirement marks the end
of more than 53 years of continuous service to the bank.
Adolphson began serving on the board of directors in 1969
and became president/chairman of the bank board in 1980.
R. Keith Douglass
, president & CEO, was elected by the
board of directors as the new chairman of the board for
Tompkins State Bank. Douglass has been with the bank since
1988. In addition, he remains as president of the holding
company. In other news, the bank has promoted
Brad Clark
to executive vice president. Hired in 2009 as senior credit
officer, he was elected to the board of directors in 2011.
Midland States Bank, Effingham (MSB)
has acquired
Securant Bank’s Settlement Trust Group to expand its wealth-
management business line. The Settlement Trust Group,
based in the Milwaukee area, specializes in providing trust
administration to clients receiving litigation settlements; it
serves a wide range of clients across the nation. MSB has also
agreed to acquire
Grant Park Bancshares, Inc.
, the parent
company of
First National Bank of Grant Park.
First National Bank of Steeleville
has added
Doug
Cash
to its team as the new Investment Professionals’
financial advisor for First National Investment Services. This
partnership will provide on-site access to a range of financial
products and services through Investment Professionals,
Inc. Cash comes to the bank with five years of experience in
financial planning at major financial services companies and
27 years of experience as a senior marketing and management
executive in diverse industries.
Congratulations to The First National Bank of Dieterich
(FNBD)
, the only bank in Illinois to make the Top 100 Best
Performing banks between $500M and $5B in 2012. SNL
Financial has named FNBD as the 62nd best performing
community bank between $500 million and $5 billion in the
United States. SNL ranked the best performing community
banks using six core financial performance metrics that focus
on profitability, asset quality, and growth for the 12-month
period ended December 31, 2012. The metrics used were:
return on average tangible assets before tax, net charge-
offs as a percentage of average loans, adjusted Texas ratio,
efficiency ratio, net interest margin and loan growth. SNL
measured each company’s standard deviation from the mean
of each metric. The standard deviations, which are equally
weighted, were added together to calculate a performance
score for each company.
Bank of Farmington
has entered a new venture, Bank
of Farmington Investment Services, aimed at providing
customers with services such as IRAs, employer-sponsored
retirement plans, investment brokerage services, and more.
Chad Mayall
, who has been with the bank for five years, will
lead the new division as financial advisor. A vice president at
the bank, he holds Series 7 and 66 securities licenses.
West Central Bank, Ashland (WCB)
has announced the
addition of two staff members and five officer promotions to
its Springfield branch.
Darren Jones
has joined WCB as vice
president. He has nearly 15 years’ experience in commercial
lending and is a graduate of Illinois State University, Normal.
Kris Krones
joined as a mortgage loan originator; she has 10
years of experience in retail banking and has also worked as a
realtor since 2005.
Kate Alsup
has been promoted to branch
manager in WCB’s Springfield branch. Alsup started with
WCB in 2011 and has eight years of retail banking experience.
Kelly Donnan
was promoted to executive assistant and has
been with WCB for more than 20 years.
Ron Aggertt
is now
senior vice president in the Ashland branch with over 25
years’ experience with the bank.
Kay Miller
has been named community president in WCB’s
Beardstown branch with
Sherry Herald
to AVP-human
resources at the bank’s Rushville branch.
After less than 60 days on the market, SHAZAM BOLT$,
the mobile app offered by the
SHAZAM
®
Network
, is live
at more than 200 of the network’s participating financial
institutions. The app, available to smartphone and tablet users,
allows debit cardholders to check balances, set parameters
for e-mail alerts, and eventually, initiate person-to-person
(P2P) transfers. SHAZAM is a preferred service provider of
Community BancService Corporation (CBSC).
Bank
notes
MEMBER
NEWS
R. Keith Douglass & Raymond Adolphson
