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Voi. 15 No. 31 Des Moines, Iowa November 17,1986 9th Fed Sees Some Farm Improvement INANCIAL problems for area farmers continue, but for the se cond quarter in a row they appear to be easing somewhat, according to a recent survey of rural banks con ducted by the Federal Reserve Bank in Minneapolis. The survey results are based on the responses of 89 bankers throughout rural areas of Minnesota, Montana, North Dako ta, South Dakota, and northwestern Wisconsin. Fed economist Stanley L. Graham reported that even though farm earnings continued to decline in the third quarter, they did so at a more moderate pace. Nearly one-fourth of the bankers said farm earnings in their areas were actually greater than a year ago. This was a tripling of the proportion reporting greater earnings in the second quarter. On the other hand, about half the bank ers said third quarter farm earnings were below those of a year ago. The moderation in the decline, Mr. Graham said, can be attributed, in part, to lower fuel prices and in terest rates. Also, some parts of the survey area, m ost notably Montana and the western Dakotas, benefited from a rise in livestock prices and a drought-ending rain fall w hich boosted crop yields. Farmland values also declined at a more moderate pace. The bankers reported that, on average, the value F of irrigated farmland declined 3.8 percent; nonirrigated farmland, 4.4 percent; and pasture and grazing land, 6.1 percent. The comparable declines in the second quarter were 5.2 percent, 5.6 percent, and 7.9 per cent, respectively. The Fed's survey also revealed other signs of some improvement for farmers. The percentage of bankers reporting an above normal demand to refinance farm loans dropped nearly 20 percentage points in the third quarter. In addition, fewer farmers were forced to go out of business or partially liquidate their assets. A t the end of September the bankers said that 3 percent of area farmers went out of business for reasons of financial stress in the last six months; 4.1 percent did so dur ing the previous six months. Mr. Graham cautioned, however, that financial problems remain serious in m ost areas. Farm debt repayment was still slow at nearly a third of the banks and fast at only 16 percent. Refinancing demand was greater than normal at more than a third of the banks and less than nor mal at just 5 percent. D espite the recent signs of easing, m ost of the bankers responding to the Fed’s survey do not expect much improvement for the fourth quarter. The only widely held optim istic view is that interest rates will decline fur ther by the end of the year. Mr. Gra ham noted, though, that another possible cause for optimism has ap peared since the survey was taken: the new acreage diversion program for feed grains announced by the USD A in late October. The program will start to bring farmers advance payments in the fourth quarter. □ S t. J o s e p h B a n ks F a il First Stock Yards Bank of St. Joseph, Mo., was closed November 7 by the Missouri Commissioner of Fi nance, and was sold by the FDIC for a $403,000 premium to The Bank of St. Joseph. First Stock Yards had about $30 million in assets. The Bank of St. Joseph will put in $2.2 million capital and is purchasing other assets of $20.7 million. The FDIC is advancing $11 million to The Bank of St. Joseph and is re taining $8 million in assets. On the same date, the Missouri department closed The Home Bank of Savannah in the north St. Joseph suburbs. It had about $39.5 million in assets. United Missouri Bancshares paid the FDIC a $560,000 premium for the $39.5 million asset institution and has re-opened it as a branch. First Stock Yards Bank and The Home Bank both are remnants of First M idwest Bancorp., whose principal bank, First National Bank of St. Joseph, failed in October, 1985. Together We Can Accomplish Great Things Call Jerry Trudo, MNB Correspondent Banker 319-398-4306 or Toll Free 1-800-332-5991 Strength of E astern |o w a https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M erchants National B ank Cedar Rapids. Iowa 52401 i BANKS OF IOWA BANK 2 Norwest Bank Des Moines, N.A. Call (515) 245-3131 or toll-free (800) 362-2514 NORWEST BANK Member FDIC Teamwork: one of the reasons we’re first in Iowa. Lowell Barkley Larry Welch Io w a N e w s The Iowa Bankers Association is sponsoring its 1986 “Responsibili ties and Liabilities” Bank Directors seminar on Dec. 10 at the Holiday Inn Gateway Center in Ames. Doug las Austin and Mark Mandula, president and vice president of Douglas Austin and Associates, Toledo, Oh., will present the one-day seminar along with Jim Jensen, vice president, property and casualty, Iowa Bankers Insurance and Ser vices, Des Moines. Registration for the seminar begins at 8:30 a.m. with “The Responsibilities and Liabili ties of the Directorship” following at 9 a.m. “Understanding Commer cial Bank Financial Statem ents” and “Capital Adequacy for Commer cial Banks” will be held at 10:15 a.m. followed by lunch at noon. At 1:00 p.m. “Long term and Short Term Strategic Planning” and “A sset Liability Management: An Overview” will be presented. “How to Run Your Board, Not Vice Versa” will be held at 2:45 and will include several special topics. At 4:00 p.m. “Blanket Bonds and DO Coverage” will be discussed with the seminar adjourning at 4:30 p.m. Advance registration is $75 for members, $100 for subscribers and $125 for nonmembers. Registration at the door will be $20 more. * * * ALB IA: Harold L. Mick and Cathe rine M. Bay of Monroe County an nounced November 11 that the shareholders of Peoples Tri-County Bancorporation met November 10 and unanimously decided to open the Peoples State Bank, for which they had obtained a state charter, despite the corporation’s failure to secure permission to open an Eddyville office. Mr. Mick stated that they have been swamped with re quests from Albia and Eddyville For Professional Correspondent Service Call 1-800-622-7262 ThereJs A Difference In Banks... Valley National Bank a Main Office - Sixth and Walnut DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC JAMES E. MacLEAN Vice President H. PETER DeROSIER Vice President citizens and officials to proceed with opening the bank. Earlier, it had been stated the new bank would not be opened if an Eddyville office was not granted. The new bank replaces the $50 million Peoples National Bank, which failed earlier this year and had an Eddyville office. Jim Oberts, who was Peoples National president for its last five weeks, will be president of the new bank. Gar land Carver, a Des Moines bank con sultant, will continue as chairman to assist the investors and Mr. Oberts to obtain final regulatory approval and getting the bank open. It is hoped to be open the first week in January, 1987, and will start with $2 million capital. CRESCO: David Skattebo has been hired as vice president of the First Interstate Bank of Cresco. During the past year he has been employed by Farm Credit Service in Mason City as a special accounts loan of ficer. MAPLETON: Myron D. Rozell has been promoted to president of the First State Bank of Mapleton and elected to serve as chairman. He joined the bank in 1985 as senior vice president. N e b ra s k a N e w s The Nebraska Bankers Association will hold its 1987 Bank Execu tive Conference on Feb. 11-15,1987, at Marriott’s Marco Beach Resort in Marco Island, Fla. “Sharing Today... Shaping Tomorrow...” is this year’s conference theme. Featured speak ers for the conference include: Dr. John Sutherland, president, Swan son Russell Associates Research and Strategic Planning Gainesville, Fla.; Dr. Robert Mayer Evans, senior associate of The N aisbitt Group in Washington; Rick R. Sanders, senior vice president, Affi liated Midwest Bancs, Inc., Bellevue, and Gene Perret, comedy writer. Conference registration cost is $330 aori CAREERS, INC. I t's easier to talk Iowa banking with people who live it — people like Steve Brewer and the corre spondent staff at Bankers Trust. _} ag banking personnel specialists C all 1-800-362-1688 or 515/245-2424. Bankers Trust Des Moines, IA Member FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Steve Brewer Commercial Banking Officer Jean 712/779-3567 Massena, la. 50853 Sandl 515/394-5827 New Hampton, la. 50659 Confidential. Employer paid fees # • • • • ^ £ f £ £ £ F*C.tO«* ■£B^E $25Wilson Jones Economy Personel Shredder I-saa-ias^jaa t S r SAVE $103.00' ^ f t iS S S B w SEE ¡to « l RE«*.-tt*25 t The affordable personel shredder that’s lightweight, compact. Recessed cutting heads for safety. Waste basket included. • 1/16" shred width • Shreds 4-5 sheets at a time, 19.5 ft. per minute • 85/8" opening • 3 position rocker switch • Push button controls: forward, stop, reverse • Self sharpening, hardened steel cutting heads Black with beige top, high impact molded polyethylene. Stock N u m b e r............................................. 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SAVE •$298.00 Stock N u m b e r..............................................A 800 S i z e .......................... 337/8"H x 16"D x 151/4"W Suggested Retail P r ic e ............................ $1,295 Sale P ric e .................................................... $997 (0801-0186. J8264) I https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis B a n k e r s » ►ANKERS® ^ SM Some special candidates from Robert Half's Banking Division Partial list of available Banking candidates. COMMERCIAL LOANS. Action-oriented Vice President who has handled commercial departm ents in two $50m + ag community banks. Degreed, civicly active with large bank credit training and workout experience. DB1100 $38K SENIOR CREDIT ANALYST. Strong analyst who has rare combination of solid technical know-how and leadership personality. Has supervised up to 15 and has a large bank training background; second to none. W ell-versed in all areas of commercial, real estate and retail. DB1101 $24K PRESIDENT. Achiever. W ithin only eight years of banking this individual has spent six years as a president! Hard-working leader who has firm grasp of what it takes to return ag bank to profitability while not damaging community standing. DB1102 $65K ASSISTANT VICE PRESIDENT. W ell-trained lender who has worked with all types of loans in a county seat bank. Loan documentation skills, cashflows knowledge and FHA guaranteed’s exposure specifically. Organized and eager. DB1103 $22K CONSUMER DEPARTMENT HEAD. Currently running a $8m + departm ent that has shown steady growth over the last three years. Can meet with upscale or middle income customers and bring home the client. Has developed several other managers and can do the same for your organization. DB1104 $35K OPERATIONS HEAD. High-performance executive with MBA and ten years in operations of a $250m + bank. Oversees security, transactions, accounting and all other day-to-day bank operations. Supervises 40 + , is looking for an opportunity to continue growth. DB1105 $44K AUDIT MANAGER. CPA, five plus years of public accounting doing audits, director’s exams and financial statem ent analysis of institutions from $20-220m. Good working knowledge of all phases of audits; but spent 70% of tim e on banks. DB1107 $28K PRESIDENT. Accomplished professional who has moved bank into profit. In five years at the executive level in a county seat bank of over $40m shown ability to take-charge of any situation. Worked with $23m portfolio that prim arily consisted of ag and ag commercial loans. DB1108 $50K REAL ESTATE LENDER. Innovator, aggressive marketing type who makes things happen. Currently running departm ent in a $120m + bank but looking for institution with forward thinking management. Fourteen years of proven ability in both commercial and residential loans. DB1109 $45K BRANCH MANAGER. Took over management of a branch of $18m right out of college two years ago. In-charge of operations, hiring, firing and all expenses while dealing with a $7 million portfolio of consumer and real estate. Supervises four. DB1110 $21K COLLECTIONS MANAGER. Supervises five other collectors in highly efficient departm ent for a large institution. Exceptional people skills and able to communicate in a very professional manner. Has been trained in loan review and analysis plus five years on the job. DB1111 $26K • TRUST OFFICER. JD with five years experience in a top-notch trust departm ent. Has experience in tax, business, personal trust and Digitized other for FRASER facets of estate planning in a $200m + departm ent (25 estates and 80 trusts). https://fraser.stlouisfed.org DB1112 Federal Reserve Bank of St. Louis $38K PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES HOLDING COMPANY EXECUTIVE. Highly-regarded professional has been running and restructuring a ten bank holding company. Over the past three years has put together a super team that is looking for new directions and challenges. DB1113 $75K AG LOAN OFFICER. Short-term debt, long-term debt, FHA’s and inspections after nearly ten years with farm credit and two years in banking there is very little this lender hasn’t seen or done. Degreed professional who has over $1 Om in personal portfolio. Enjoys small banks and small towns. DB1114 $31K COMMERCIAL VICE PRESIDENT. Large bank training, three years of credit analysis and two years developing $18m + portfolio! Well-versed in new business development, presents excellent image and has commitments of $50m. DB1115 $35K CONTROLLER. Operations-oriented financial manager who is aggressive, tactful and gets things done. Has been in controller’s position of large commercial ($600m) bank for last three years. Efficient CPA who gets things done. DB1116 $43K MORTGAGE LENDER. Industrious mortgage specialist who has been in management with both savings and loans and finance companies over past ten years. Motivator who leads by successful example and careful management of time. Has supervised up to six and been in-charge of $110m in mortgage. DB1117 $25K COLLECTIONS. Tough-minded professional who has five years plus of installm ent loan collections. Responsibilities include developing new policies, coordinating sales of repo items, legal implications and underwriting workout loans. DB1118 $23K RETAIL LENDER. Hard-driving doer with management and lending experience. Currently with a $50,000 lending lim it and a portfolio of over $2m. Previously was branch manager supervising 15 and handling commercial, installm ent and m ortgage loans. DB1119 $33K ASSISTANT CASHIER. Bookkeeping skills, spread-sheet knowledge and lending exposure gained over last four years working in $20m ag bank. Has been involved in all facets of rural banking. DB1120 $21K EXECUTIVE VICE PRESIDENT. Turns ideals into actions. This dynamic executive began as an ag loan officer 12 years ago and has risen to Executive Vice President in a $40m bank. Numerous IBA, SBA and holding company classes have provided a foundation in loan administration, forecasting, workout and more. DB1121 $45K BRANCH MANAGER. Responsible individual who has experience in both commercial and consum er lending. Taken charge of credit analysis, loan documentation, collection analysis and dealer inspections. Degreed, six years working experience. DB1122 $28K JUNIOR COMMERCIAL LENDER. Two years of lending and credit analysis working commercial loans from start to finish. Handling client development, packaging, presentation and close. Very sharp. DB1123 $25K CHIEF EXECUTIVE OFFICER. Seasoned commercial banker with superior analytical leadership and people-skills to achieve results. Career has continuously moved forward over past 16 years including President of $180m bank and Top Executive in major bank holding company. DB1124 $85K FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS ROBERT HALF 317-6TH AVENUE, STE. 650 DES MOINES, IA 50309 ® https://fraser.stlouisfed.org W O R L D ’S LA R G E S T Federal Reserve Bank of St. Louis (515) 244-4414 BANK IN G , A C C O U N TIN G , A N D ED P P L A C E M E N T SP E C IA LIS TS C all on th e “ Experienced P rofessionals” Ready to m eet your / * correspondent needs. • • • per person. Registration must be given to the NBA office by Jan. 23, 1987. No registration refunds will be made after Feb. 2. The registration fee includes all NBA planned receptions, Saturday’s dinner, continen tal breakfasts, breaks and all confer ence materials. An additional cost will be charged for the golf and ten nis tournaments. For more details, contact the NBA office. * _ ® ^ 9 f a • ® • * * The N BA ’s Security Awareness Workshop will be held at several locations during December. Dates and locations are: Dec. 2—Kearney Ramada Inn; Dec. 3—North Platte Holiday Inn; Dec. 4—Scottsbluff Country Club; Dec. 9—Columbus Holiday Inn, and Dec. 10—Beatrice Elks Club. Registration begins at 1 p.m. followed by “Administering a Bank Security Program.” Dinner will be at 5:30 p.m., followed by “Kidnapping, Extortion and Com mon Sense” from 6:30 to 8:30 p.m. Advance registration is $45 per ses sion per registrant. Registration for both sessions is $75 per registrant. OMAHA: John Woods, chairman of FirsTier, Inc. for the last 10 years, has announced his resignation to pursue other activities. Charles W. Durham has been elected to succeed Mr. Woods as chairman of the hold ing company until a replacement is found and certain other activities of the bank restructured. Mr. Durham has been a director of the FirsTier Bank of Omaha and the holding company for the last 17 years. He is chairman of Durham Resources. ^ F irs T ie r.B a n k Lincoln 13th&MStreets, Lincoln, Nebraska 68501 He was vice president of the First State Bank of Gowrie in Gowrie, la. SIDNEY: Charles R. Leffler, Sr., chairman of Sioux National Bank in H arrison, has announced the planned purchase of the $31 million asset Sidney National Bank from a group headed by Robert C. Conrad, chairman and president of Sidney National. Purchasers are Mr. and Mrs. Leffler and their son, Charles R. Leffler, Jr. Charles Leffler, Sr. said it is planned to merge the Sid ney and Harrison banks under the name of Security National Bank, with headquarters at Sidney and continuing full service offices both in Sidney and Harrison. Mr. Conrad will continue as chief operating offi cer at the Sidney location. Wayne Hoskinson, president of Sioux Na tional Bank, will continue as chief operating officer at the Harrison location, which has $15 million in as sets. The board of directors at both institutions will be invited to con tinue as advisory boards at both locations. The transaction awaits normal regulatory approval. Charles Leffler, Sr., also owns the $9 million asset Security State Bank in Hol brook, as well as the $17 million as set Crawford State Bank. Firslier Bank, N.A., Lincoln, Member FDIC M in n e s o ta N e w s MINNEAPOLIS: The First Banks have promoted the following from assistant vice president to vice president status: Catherine P. Dudley and Christine M. Kennedy, human resources services, and Beth A. Gloppen, commercial loan opera tions. Illin o is N e w s GALENA: Howard Poitevin has been appointed as chief executive of ficer of the First National Bank of Galena. He joins the bank from the Anita State Bank in Anita, la., where he was president and CEO. Richard Weis has been appointed senior vice president in charge of operations at the bank. S o u th D a k o ta N e w s SIOUX FALLS: Norwest Corpora tion has announced that Don. C. Anderson has been named president and chief operating officer of Nor west Agricultural Credit, Inc. He was senior vice president and agri cultural business segment manager for Norwest Bank South Dakota. Inquire about FLEX-O^PAY® CALL: ■ a com puterized billing/credit system 1-800-772-2411 ■ generates additional income from present staff and equipm ent WRITE: ■ m eans of increasing your local commercial business ■ plan developed by bankers for bankers O’NEILL: Verlin J. “Gus” Barker has joined the First National Bank of O’Neill as vice president/ag loans. LeRoy Bell The National Bank of W aterloo RO. Box 90, Waterloo, IA 50704 After m ore than 120 years of providing correspondent banking services to the M idw est, you can say weVe had a chance to polish our trade. Find out for yourself. Count on Com m erce. 1800 892-7100 1800 821*2182 * * https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * * (Outside Missouri) Com m erce Bank o f K an sas C ity Bank sales, acquisitions and other management services SWORDSASSOCIATES.INC. PROFESSIONAL BANKING CONSULTANTS 4900 OAK SUITE 301 KANSAS CITY, MO 64112 (816) 753-7440 NEW OPPORTUNITIES CEO for $100 million bank located in progressive Mid western city. Prefer 5 or more years as CEO or #2 person in comparable bank .............................................Salary Open. INSTALLMENT LENDER to head dept, in $35 million bank located In scenic recreational area near university and state capitol. Require college degree and min. of 4 yrs. ex perience. Excellent potential.................. Salary to $35,000. COMMERCIAL LENDER for $30 million bank located near state university. Requires 5 or more years experience han dling loans of $250,000 or better. Candidate will be a part of management team.................................. Salary to $35,000 F in a n ç ia l C a re e rs B A N K IN G POSITIONS AVAILABLE Wanted CASHIER LEVEL OFFICER with 5 yrs. or more ex perience. Will handle ag. commercial and consumer loans. Operations experience desirable. Good compensation & fringe benefits. Clean ag bank in SE Minnesota. Send in quiries to File No. WHG c/o Northwestern Banker. (PA) CASHIER $26MM S.E. Iowa Bank. Minimum three years banking experience in operations. Excellent opportunity for a professional banker with degree. Send resume to File No. WHF c/o Northwestern Banker. (PA) FOR SALE NCR 775 PROOF MACHINES, 8 pocket. Under mainte nance contract. Call American State Bank, Oldham, SD. (605)482-8293. (FS) SHARP SF756 PLAIN PAPER COPY MACHINE. 1Vt yrs. old. Always been underserviceagreement. $875. Call Westchester Savings Bank at (319) 698-2225. (FS) KARDEX CHECKVEYER like new. Has been under main tenance agreement. Model #KVS80. Contact Roger Huinker. (319) 382-2991._ (FS) <zHo[cLsx a n d c/f'i.s.ociatzi Bank Consultants Specializing in Bank Acquisitions P.O. Box 450 515-232-0814 405 Main Ames, Iowa 50010 D o n a ld E. H o lder, Principal & SR. V.P. - COMMERCIAL LOAN OFFICER. $300mm 1 ji bank needs mature and experienced lender. Degree 1 “ and good people skills will lead to excellent upward H m obility!................ To $55,000....................Call Marj. I AG LOAN OFFICER. Analysis and documentation I expertise will provide growing opportunity in $55mm 1 bank. Strong capital position provides security i n i this 9,000 population aggressive community. Pleas-1 ant rural living coupled with standard benefits..........I ...........................$35,000..............................Call Steve. | __ V.P. ■ OPERATIONS. New position to manage the I operations side of this $50mm bank. Computer ex-1 perience and 4 + years operations. Handle person-1 I nel and compliance......... Mid $30's.......... Call Bruce. | 1 TRUST SPECIALIST. 6 + years general trust and ex-1 (| perience with employee benefits can land this post-1 1 tlon In $300 + mm b ank.. . .T o $40,000... .Call Marj. j H CONSUMER LENDER. Knowledge of compliance | U and regulation will enable you to manage this port-1 jj folio of $3mm In consumer and real estate loans. 1 1 Ability and portfolio growth will advance you in this I ■ $60mm rural bank. A wide range of benefits pro-1 I vided........................$25,000........................ Call Steve. 1 :* SR. V.P. - #2 OFFICER In $80mm bank. Oversee all I :• lending. Supervise staff. Strong lending with presi-J j§ dential qualities..............$48,000...............Call Bruce. 1 | LOAN ADMINISTRATION - CREDIT ANALYST. Your I | | “examiner” type skills and micro computer experi-1 ■ ence to grab this opportunity in a 2 bank holding | E company...................To $25,000................... Call Marj. I I COMMERCIAL LOAN OFFICER. $120mm bank jw located in an aggressive community of 13,000 pro-¡8 I vides rapid advancement based upon how you man- ¡| age your personal portfolio of $10mm. Benefits in -1 H elude profit sharing........... $30,000............ Call Steve. 8 : LOAN REVIEW OFFICER. Commercial loan review E 'f, and documentation for large bank holding com-1| K pany. Metro location. 2 + years commercial analy-1 | sis. Potential to be commercial lender. E xcellent! fig benefits.....................$35,000......................Call Bruce. ■ (Division of Freeland Financial Service, Inc.) 1010 Equitable Bldg. Des Moines, IA 50309 515/282-6462 Employer pays fee. Please contact Malcolm Freeland concerning these posi tions or for other current openings. Serving bankers quietly and efficiently. CAPITAL PERSONNEL SERVICE 714 First Interstate Bank Building Des Moines, Iowa 50309 515-283-2545 POSITIONS AVAILABLE VP/OPERATIONS GROUP MANAGER Do you deserve greater rewards? A premiere Minneapolis/ St. Paul bank needs proven operations manager to over see the consumers depository function. Desire 8 + years operations experience with a $500MM bank, a degree, and proven management. Hot! To$50K. Job#NW9320. VP/GENERALIST LENDER Do you like to hunt and fish? A medium sized Wyoming bank has an Immediate need for a consumer/coordinator lender with 3 + years experience, a degree, and strong analytical skills. Must be able to get along in a small com munity. To $30K. Job #NW9321. AG LOAN OFFICER Are you ready to manage a department? A small Minne sota bank needs an analytical ag loan officer with 3 + years experience. Desire degree with strong people skills. To$30K. Job #NW9322. <Personnel S earch 1126 So. 72nd St. Omaha, Ne. 68124 FOR SALE RECONDITIONED BRANDT Coin Sorters-Counters BRANDT Currency Counters New Warranty 402-571-5577 POSITIONS AVAILABLE 2 BRANCH MANAGERS— Need 5 years experi ence as a branch manager. Degreed. Major Mil waukee bank. To $40K. AG LENDER— 1-4 years ag lending experience. South Iowa $20 million bank. $25-35K. CASHIER— EDP + 10-12 years of operations in cluding supervision of tellers, bookkeeping, per sonnel, and customer service. Omaha, $50 mil lion. To $42K. All fees are paid by our client employers. Richard L. Beam, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 68154 Phone: 402/330-3260 Member National Personnel Associates We’re Nationwide 4 0 2 -3 9 7 -2 9 8 0 _ ^ J FOR MORE INFORMATION CONTACT PAUL GENTZKOW MM) IOO OO 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 Estate Appraisals Purchase o f Collections Sale o f Rare Coins Reliable and respected service for over 20 years Used by bankers throughout the midwest Ben E. Marlenee Coins 913 Locust Des Moines, Iowa 50309 515-243-8064 ALL FEES COMPANY PAID POSITIONS AVAILABLE CASHIER - $25MM Ag Bank. Requires background with inhouse minicomputers and some knowledge of Agri Loans. $30K PRESIDENT - Agri Bank with problem loans. Should have administrative experience and solid Agri Loan skills. $40K OPERATIONS - manage department of 35 for large urban bank. Experience with deposit accounting and account services required. $38K AGRI LOAN - community bank with large Ag portfolio. Seven yrs. or more Ag Lending experience needed. $35K COMMERCIAL LOAN - large suburban bank with $100MM loan portfolio. Degree and minimum 3 yrs. comml lending experience with six figure credits. $32K Additional positions available in Midwestern states. TOM HAGAN & ASSOCIATES 2024 Swift - Box 12346 North Kansas City, MO 64116 816/474-6874 “Serving the Banking Industry Since 1970” Vol. 15 No. 31 Northwestern Banker Newsletter (USPS 873-300) is published weekly by the Northwestern Banker Company, 1535 Linden Street, Suite 201, Des Moines, Iowa 50309, (515) 244-8163. Subscriptions $1.00 per copy, $18.00 per year. Second class postage paid at Des Moines, Iowa. Address all mail subscriptions, changes of address (Form 3579), manuscripts to Northwestern Banker, 1535 Linden St., #201, Des Moines, Iowa 50309. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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