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November 2,1987 Des Moines, Iowa Vol. 16 No. 29 Third Quarter Earnings Reports Show— •Small Banks Making Strong Comeback EPORTS on third quarter and nine month earnings for 1987 that have been received by the N o r t h w e s t e r n B a n k e r , and sub s ta n tia te d by an analysis o f the same time periods by Sheshunoff & Co. show strong regional and ag banks have been making a good recovery this year in earnings com p a r e d to the past year. Sheshunoff reports that “ the $8.1 billion earned by the nation’s 11,626 profitable banks was more than off set by the $13.5 billion lost by the •country's 2,262 unprofitable banks. Yet, m ost o f the loss — 76% — was reported by the nation’s 16 largest banks, which posted a com bined de_ficit o f $10.3 billion for the first six •m onths o f the year, resulting mainly from huge increases in loan loss re serves to cover nonperform ing Third W orld loans.” m Although poor loan quality persists • for the banking industry nation-wide, Sheshunoff points out, with non performing loans up 34.5% since last year-end, banks in agricultural ^ states have emerged finally and are • m akin g a comeback. Idaho leads in the turnaround with the largest earnings increase, 152.1%, followed by Iowa at 119.7% and Nebraska fb a n k earnings with a gain of 42.2%. Am ong the 10 states listed by Sheshunoff with the largest increase in nonperform ing loans, only two R midwest states are listed, both with small increases. Minnesota, named as fifth on the list showed an in crease in nonperform ing loans since last December 31 o f 0.86%, while Il linois, 10th on the list, had an in crease of ju st 0.64%. Alaska led the list of 10 with an increase in non perform ing loans of 4.37% to a total of 15.02% o f all loans listed as non perform ing. M innesota’ s nonper form ing loans are 4.05% of total, while Illinois’ total o f nonperforming loans is 3.09%. On the other side, five of the 10 states named as having the largest decrease in nonperform ing loans are in N o r t h w e s t e r n B a n k e r terri tory. A t the top is Iowa, with a 0.5% drop, followed by decreases of 0.49% for W yom ing and a 0.36% drop for South Dakota. Montana, in seventh place, had a 0.13% decrease, while ninth place Colorado dropped a simi lar amount in perform ing loans. Statements received by N o r t h w e s t e r n B a n k e r from several lead ing regional banks show those in m etropolitan areas would have had excellent earnings reports but they were adversely affected by the addi tions to loan loss reserves made necessary by nonperform ing Third W orld loans in which they partici pated. First Bank System, Inc., for example, had net income for the first nine months o f 1987 o f $7.1 million FirsTier. Correspondent Services compared with $148.1 million a year ago, despite having added $160 mil lion to the reserve for loan losses. Third quarter earnings were up 4.6% against the same quarter a year ago. First W isconsin Corpora tion had a similar experience, post ing a 7 % gain in third quarter net in come, but a loss of $25 million for nine months compared to total in come for three quarters o f 1986 of $40.8 million, after having added $96 million to the international loan loss reserve. On the plus side, FirsTier Finan cial, Inc., which owns FirsTier Bank Omaha and FirsTier Bank Lincoln, with com bined deposits o f $2 billion, posted net income in the third quar ter of $5.2 million, a 42.3% gain, and nine month earnings o f $14.7 mil lion, up 37.8% over the 1986 period. Iowa holding companies, which had taken a severe beating over ag loan losses for several years, all showed com ebacks. First Interstate of Iowa, Des M oines, had third quar ter net income of $1 million, com pared to a net loss for the same period in 1986 o f $1,762,000. Simi larly, nine month earnings were $ 1, 823,000 in 1987, compared to a net loss of $2,935,000 in 1986. Hawkeye Bancorporation, the hardest hit o f all the holding com panies in Iowa, posted third quarter earnings o f $ 1.8 million, compared to the loss of $25.2 million regis tered a year ago in the third quarter. Its nine month net income o f $ 12.2 More o f what it takes to serve you well. F irs T ie r B a n k s FirsTier Bank, N.A., Lincoln and FirsTier Bank, N.A., Omaha, Members FDIC https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Lincoln • Omaha Norwest Bank Des Moines, N.A. NORW ESr BANKS Call (515) 245-3131 or toll-free (800) 362-2514 uumma Member FDIC ma yam Teamwork: one of the reasons we’re first in Iowa. John Rigler □ Iowa News Four prominent Iowa bankers signed a letter that was mailed O cto ber 12 to fellow Iowa bankers invit ing them to becom e a member of “ The Committee of Unit Banks for Interstate Banking.” They noted that Iowa is one of only ten states 1 1 M » I that has not yet adopted a state law on interstate banking and pointed out the com petitive pressure being felt, without interstate banking, “ from s&ls, brokerages and non TRAER: The National Bank of banks (like Sears) from outside W aterloo has agreed to pay $3 mil Iow a.” They said unit banks like lion cash for tw o Tama County theirs “ feel it is time for Iowa to act, banks owned by M elvin M. Kupka—9 or they wish to be a part o f structur First Community Bank and Trust in ing legislation when it is passed.” Traer and The First National Bank Signing the letter were H. Rand of Tama County in Dysart. Both Petersen, chairman, Shelby County banks will continue as branches of State Bank, Harlan; J. Bruce Meri NBW after regulatory approval is # wether, president, The First Na granted. First Community Bank of tional Bank, Dubuque; C.B. (Neal) Traer, where Mr. Kupka lives, has Conover, chairman, First National $23.5 m illion assets, $21 million Bank, Creston, and George A. Schal- deposits and ju st over 10% capital. ler, president, Citizens First Na First National in Dysart has m ore# tional Bank, Storm Lake. They than $13 m illion assets, $12 million stated, “ W e do not anticipate the deposits and approxim ately 10% need for a monetary contribution. capital. Any lobbying effort would be in the Nebraska News • form o f communication between committee members and legislators The Nebraska Bankers Associa locally.” Mr. Petersen said he is tion’s 1987 Lending Compliance Is jjf 111181ft M USCATINE: Jerald A. Eckerson,® 50, was killed October 23 in a cartruck accident while he was driving to Kansas City for the graduation of a son from business college there. Mr. Eckerson was vice president-® commercial loans for First National Bank o f M uscatine. He had been in the banking business in Iowa since 1960. Funeral services were held in his home town o f Pocahontas. ® Tom Quinlin million compares to a net loss of $51.1 million for 1986. Banks o f Iowa net income o f $3, 518,000 was up 39% for the third quarter and is up 8 % for the nine month period to $9,619,000. Hundreds o f smaller banks were reporting gains in net income over third quarter and nine months among midwest com m unity banks. “ pleased with the response. It is sur prising the number o f bankers fronw small towns around the state, especially those in river and border towns, who have expressed feelings similar to ours.” For Professional C orrespondent Service Call 1-800-622-7262 mÆ D ick Retz MNB Correspondent Banker ThereJb A Difference In Banks... Valley National Bank à Main Office • Sixth and Walnut DES MOINES, IOWA 50304 A BANKS OF IOWA BANK Member FDIC Together We Can Accomplish Great Things BANKING Call 319-398-4806 o r toll free 1-800-332-5991 career« JAMES F. MacLEAN Vice President H. PETER DeROSIER Vice President 'Professional assistance in hiring and career advancement" quality service by experienced professionals Strength Eastern |owa Merchants National Bank m https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cedar Rapids. Iowa 52401 Member F 0 1C A BANKS OF IOWA BANK 525 Merle Hay Tower Des Moines, Iowa 50310 515-276-1151 Jean Eden Sandi Gamer 515- 276-1151 515- 832-1258 Tues / Wed / Fri Confidential. Fees Paid by Employer. Some special candidates from Robert Half's Banking Division Portiol list of available Bonking candidates. AG LENDER. Thoroughly trained ag person with two years experience in $30M organization. Enjoys small communities and dealing with new customers. Works in both lending and operations and has a 4 year degree from Iowa State. $21K COMMERCIAL LENDER. Proven track record. This 3 year professional grew up on farm but has spent banking career in $80M bank p a r tin g in credit analysis and working into commercial loans. Strong cold calling skills, burns the midnight oil! $27K INVESTMENT OFFICER. Successful investment portfolio manager who has had outstanding gains over the past 4 years running $150M + portfolio. Oklahoma School of Bank Investments, Omega School of Commercial Lending and holding company training. Seeking fresh opportunity that offers new creative environment. $50K • REAL ESTATE LENDER. Business approach to commercial and residential real estate lending. Presently dealing with $11M portfolio in healthy county seat bank, seeks oppty to expand your department. Provide your organization with the competitive edge— definitely an individual you can count on. $27K 4»R LOAN OFFICER. 10+ years lending and 3 + years in a supervisory role. Currently running a $23M loan portfolio maintaining loan quality that has been exceptionally good. Portfolio comprised of all types of loans but primarily rural ag and commercial. $45K CONSUMER LENDER. Makes things happen! Action oriented installment lender, heavy exposure to dealer paper and indirect financing. Capable of going out and getting new customers as well as detail work. Not afraid of long hours. $23K • AG DEPT HEAD. Looking to increase profits? As competition heats up it becomes even more important to be able to get and keep quality ag customers. Department will run like a top with this 10 year lender at the helm. 3 years in FmHA, 7 years in holding company environment, has seen it all. Certainly one of the best. $48K (BRANCH MGR. Need to make your rural branch something besides a depository location? Current branch manager who enjoys small towns and large challenges is seeking new opportunity. Aggressive individual grew up in rural environment, knows rural customers well and is readily accepted by borrowers. Currently not challenged. $30K AG VP/SR LENDER. Versatile performer. Has supervised up to six lenders in two different banks. Community oriented individual has (fell the skills to make a good president someday. Licensed in insurance and real estate plus FHA approval. Looking to future for opportunity, is currently dead-ended and has great potential. $35K CREDIT ANALYST. Computer wizard who has exceptional analysis skills. Feels at home pouring over credits in commercial, consumer or real estate areas. Has developed strong technical background on several types of software used for loan analysis. • $23K OPERATIONS. Save $. Proven individual has technical capacity to reduce overhead and save on employee costs by increasing efficiency. Four year operations person who has done it all in $25M institution. Don’t overlook this $ saver! $21K EMPLOYEE BENEFITS. JD/CPA. Anyone who has looked knows how hard it is to find a quality specialist in this service-oriented specialty. This 5 year benefits specialist has taken over a once-stagnant department and made it hum. Currently facing third year in a row of increased market share. $42K CONSUMER LOAN HEAD. Customer oriented motivator has run successful department in metro area. Skilled in real estate, SBA M n d installment loans. Over 8 years in the finance industry has prepared this manager for new horizons. Degreed, excellent image. $32K RETAIL DEPT HEAD. Career-motivated market developer with superior lending and mgt skills. Has progressed from staff commercial position to retail and branch manager positions. Holding company training and exposure to both basic and upscale M arketplaces. $51K https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PARTIAL LISTING OF AVAILABLE BANKING CANDIDATES TRUST OFFICER. CPA. Self-starter has 4 years in $30M department handling all varieties of trust. Emphasis has been on estate planning and personal trust work. Very polished, feels at home in either metro or rural bank. Could definitely run small department. $30K PRESIDENT. Driven hard-charger. This experienced president has helped community bank re-establish its dominance in county s e a ^ town. Over 9 years at the helm of two banks. Fits rapidly into community activities, social circles and customer base. Can provide your bank with good leadership into the future. $45K COMMERCIAL HEAD. Currently in charge of a $60M portfolio consisting primarily of large sophisticated credits. Holding c o m p a n y education plus various top-notch banking schools including RMA, Omega and Stonier. Has credentials and motivational talents to spur department on! $58K BRANCH MGR. Ability to trim costs and increase efficiencies. Accomplished leader has 5 years of management experience and has taken small town branch and brought it into profitable position. Family oriented banker who fits in well. $361^ CONSUMER LENDER. Broad range of talents including business development skills and credit analysis. Good people person who has 3 years of bank lending with exceptional understanding of how to go after quality credits. Degreed with operations training and looking for a quality firm to work for. $21K COMMERCIAL LENDER. Highly regarded lender who has supervised other lenders while overseeing $20M portfolio. Has taken charge of work-out duties, business development. Great motivator. $39K MORTGAGE LENDING. Producer! Contributed over $300K in fees to bank in 1987. This marketer has kept high volume in good and bad markets while rest have struggled. Spent last 6 years innovating and expanding department in both conventional and co m m e rcia l real estate. $35K PRESIDENT. Leader of people. In last 5 years has kept average return on assets over 1.0 while maintaining excellent loan quality in a $40M + bank. Not the type to sit behind a desk. Understands borrowers and knows how to keep them current. Can say no and keep them coming back. $58H9 JR. COMM’L. Main street lender with two years beating the streets in near metro community. Built up $8M portfolio consisting of strong commercial credits. Now looking for more specialized market. Excellent image and personality. A proven professional who can get the job done. $24K • AG LENDER. FmHA for 2 years and then 4 years in one of the state’s most successful banks. Cash flows, loan analysis, farm calls, work outs,... has done it all. Has Insurance licenses. $28K AG/OPS. Rural lender has seen all sides of lending from the bookkeeping duties to the role of facility manager in a small bank. 4 years of experience in $20M bankplus raised on dairy farm.Good personal skills, feels at home in any environment. $26N& PRESIDENT. No nonsense professionalwho makes sure the i’s get dotted and the t’s get crossed.15 years of community bank service in $20-45M institutions. Primary focus is ag, but can handle rural commercial loans as well. $43K FOR FURTHER INFORMATION ON THESE CANDIDATES CONTACT KURT ROSENCRANTS ROBERT HALF 317-6TH AVENUE, STE. 650 DES MOINES, IA 50309 (515) 244-4414 WORLD’S LARGEST BANKING, ACCOUNTING, AND EDP PLACEMENT SPECIALISTS WE ALSO HAVE TEMPORARY BANKING PROFESSIONALS WE HAVE BANKING SPECIALISTS WHO ARE READY TO GO TO WORK FOR YOU NOW. CALL US TODAY. IT DOESN’T MATTER WHERE YOU ARE LOCATED OR WHERE YOU WANT OUR SPECIALIST TO WORK. OUR PROS ARE READY TO GO. • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SA V E R ...of cutting taxes for as little as We’ll imprint your firm’s logo on the FARM TAX SAVER monthly newsletter and you’ll get the credit for cutting your farm clients’ taxes. Every month remind your farm clients that your firm is always there with top-notch service and fresh ideas your name firm_____ address__ □ Send me a free issue of the FARM TAX SAVER □ I’d like to know about bulk subscription investment levels □ Send information regarding logo imprinting and newsletter delivery https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis phone___________________ Return this card to FARM TAX SAVER Farm Progress Cos. 580 WatersEdge Lombard, IL 60148 312/953-1100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IOWA BANKERS PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? We have been solving Bankers bonding problems for over 75 years . . . AND AT THE LOWEST POSSIBLE PREMIUM! C A L L O R W R ITE IOWA BANKERS INSURANCE AND SERVICES, INC. 104 E A S T L O C U S T S T R E E T DES M O IN ES, IO W A 50308 1-800-532-1423 or (515) 286-4344 KANSAS BANKERS SURETY COMPANY P.O. BO X 1654 • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TO P E K A , K A N S A S 66601 (913) 234-2631 SOUTH DAKOTA BA NKERS PROBLEMS WITH YOUR BANK’S BOND? ARE YOUR UNDERWRITERS DEMANDS EXCESSIVE? HA VE YOUR PREMIUMS SKYROCKETED? Are you FORCED to write one type of insurance with a company at a higher premium, just so they will write another type of policy for you? IF SO... PLEASE CONSIDER THIS We have been solving Bankers bonding problems for over 75 years . . . AND AT THE LOWEST POSSIBLE PREMIUM C A L L O R W R ITE KANSAS BANKERS SURETY COMPANY P.O. BOX 1654 TO P E K A , K A N S A S 66601 (913) 234-2631 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis O W N E D BY B A N K ER S S ER V IN G B A N K ER S Bank sales, acquisitions and other management services We Can Help With Your Employment Needs! SW ORDS ASSOCIATES. INC. PROFESSIONAL BANKING CONSULTANTS 2 Brush Creek Blvd. Suite 100 Kansas 64112 (816) 753-7440 Conference will be held at four loca tions throughout November. The program at each location includes registration/continental breakfast ® a t 8:00 a.m., sessions from 8:30 to noon, luncheon, and additional ses sions from 1:00 to 4:30. Topics to be addressed include loan documentation requirements, EFS, Food Secu• rity A ct, problem filings, and Regs Z, X and B. Advance registration is $65 for first attendee, $55 for each additional, and covers materials, breakfast and lunch. A fter Novem® ber 12, fee will be $85. Dates and locations are: 18th—Ogallala H oli day Inn, 19th—Kearney Holiday Inn, 23rd—Omaha Red Lion and _ 24th—Lincoln Cornhusker. There ® will be legislative dinners follow ing the 19th, 23rd and 24th conferences. Fee for this dinner is $25. A recep tion will be held at 6:00 p.m. with ^ the dinner at 6:45 at each location. ® Contact the N BA office to register. president Robert L. W ebster will be in charge o f professional banking services and financial planning, and Norbert J. Christopher, vice presi dent, will head up branch adminis tration. Mr. Sherry has been with First W isconsin for 35 years. Mr. W ebster and Mr. Christopher joined First W isconsin in 1981 and 1965, respectively. S pecialists in Bank R ecruiting and Consulting Since 1971 David L. Hansen, CCP HAMILTON ASSOCIATES 1Q0 Court Ave., Suite 3Q6 Des Moines, Iowa 50309 515/282-0221 W yom ing News North Dakota News R A Y : Citizens Bank o f Ray was closed on O ctober 15. It was only the third bank in North Dakota to fail in nearly eight years. The $12.1 million asset bank’s deposits were assumed by First National Bank & Trust Company o f W illiston, and its two offices reopened as offices of that bank on October 16. The W illis ton bank assumed about $11.4 mil lion in deposits and agreed to pay the FDIC a purchase premium of $125,670. It also will purchase cer tain o f the failed bank’s loans and W isconsin News other assets for $8.3 million. To • M ADISON: Toby E. Sheny will facilitate the transaction, the FDIC head a newly organized division of advanced about $3.0 million to the consumer banking at First W iscon assuming bank and will retain sin National Bank o f M adison. The assets o f the failed bank with a book new division will include banking value o f about $3.8 million. • services previously grouped under retail banking and professional and executive banking, the area pre viously headed by Mr. Sherry, as well as financial planning. Vice AFTON: The FDIC has approved the transfer o f insured deposits of American National Bank o f A fton to Star Valley State Bank, A fton. American National was closed on O ctober 15; its sole office will not reopen. The failed bank had assets o f $10.6 million. Its deposits total led about $9.9 million, including $240,000 in six accounts that ex ceeded the federal insurance lim it of $100,000. CASPER: A ffiliated Bank Corpora tion o f W yom ing has announced the appointment o f Don R. Drummer to the position o f senior vice presi d e n t-ch ie f financial officer. His ex perience includes 18 years with a Colorado banking organization and work with a public accounting firm. “THE RIGHT FIT” Banking Placement Specialist For Your Staff: □ Top Professional Bankers who are confidentially screened to find “The Right Fit” □ We recruit nationally through our over 200 independent affiliates as well as locally for our clients □ Contingency or Retainer Fee arrange ments □ Contact Sue Lundquist or Mel Hansen, CPC Banking Specialists ¿HHU :i-= ELLS Ells Personnel Systems 1129 Plymouth Building Minneapolis, MN 55402 612-333-1131 CELEBRATING OUR 75th ANNIVERSARY BY SERVING OUR BANKING CLIENTS WELLI https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 SERVING THE UPPER MIDWEST R egency POSITION WANTED CEO—Background in operations, personnel, investments, lending and active person in community. Graduate of ad vance school of banking. Contact File No. WLH c/o North western Banker. (PW) RECRUITERS, INC. Diane Evans 1102 Grand Avenue, Kansas City, MO 64106 816/842-3860 POSITION AVAILABLE COMMERCIAL LENDER with minimum 4 yrs exp. Good ad vancement potential for aggressive, self-starting indivi dual. Send resume to File No. WKR c/o Northwestern Banker. (PA) INTERNAL AUDITOR. Central Nebraska holding company seeking an IA, degreed, 1-3 yrs. auditing experience, CPA or bank examiner background would be helpful. Growing dynamic organization offers position with a future. Minimal overnight travel. Send resume to File No. WLG c/o Northwestern Banker. (PA) POSITION AVAILABLE Can’t anybody sell themselves today without a recruiting firm? Prove me wrong! We are looking for an AG LOAN OFFICER who is an ef fective communicator/extrovert/focused/assertive/ energetic/decisive/confldent/self-starter/competitive/with 5-8 years ag lending experience. You make your own rewards! Contact the Adams Bank & Trust, c/o Jim Prange Box 720, Ogallala, Nebraska 69153 Deadline November 20th, 1987. Paul W . Olander Company Bank Stock Appraisals and Loan Reviews 1073 Plummer Lane S .W . Rochester, M N 55902 (507) 285-9271 Employer pays fee. Professional Auctioneer Real Estate Broker and Appraiser D O N «C H O O LER In AND- t p p P ASSOCIATES "Successful Banking is Quality Personnel" POSITIONS AVAILABLE PRESIDENT, $125mm outstate bank. Metro or suburban bank background. Strong business de velopment skills & civic leadership. Proven track record as President...............................$70-75,000. PRESIDENT, $250mm + outstate bank. Strong leadership qualities. Good public speaker. Good long range planner................................ $55-65,000. TRUST MANAGER—8-10 yrs exp. - Central Illinois. To $45K. VICE PRESIDENT, strong commercial and ag-related background. Experience managing other lenders.................................................. $40-47,000. BANKERS AVAILABLE AVP COMM’L LOANS Rapidly expanding holding co bank has position for a hardcharging, self-starter capable of handling a $15M portfolio consisting of large credits and some problem loans. Will be allowed to run with ball and make calls on own. $38K. VP INVESTMENTS Unusually promising investments spot in large dealer bank. Well-known midwestern organization desires ag gressive manager who has run $100M + investment area and wants more. Must have degree and any advanced de gree is a big plus. $60K. CONSUMER LOAN OFFICER Are you looking to get on the fast track? Profitable metro area bank seeks aggressive installment lender with 2 years prior banking exp. for future leadership role. This oppty offers both further growth in bank and possible holding co. positions. $22«. FOR FURTHER INFORMATION CONTACT KURT ROSENCRANTS m ROBERT H H L r O F K M M .M C . 317 6th Ave, Ste. 650 Des Moines, IA 50309 (515) 244-4414 ALL FEES COMPANY PAID Financial Careers, Inc. Please contact Lorraine Lear or Malcolm Freeland con cerning these and other Midwest banking opportunities. SVP, Head of Lending, $300mm bank. Big bank background. Proven supervisory track record. ..................................................................$55,000. Richard L. Beam, CPC GUMBERT EXECUTIVE EXCHANGE, INC. 11246 Davenport Street Omaha, NE 66154 Phone: 402/330-3260 AG LOAN OFFICER—Well run Iowa bank looking for an exp. lender to manage department, degree preferred......... ......................................................................... To $30,000. Box 949 - Mason City, la. 50401 515/423-5242 COMM. LENDER MANAGER—Need 5-10 yrs exp. In comm, lending. 2 positions - Greater Omaha & Des Moines. S45-50K. All fees are paid by our client employers. VP/TEAM LEADER—Metro bank needs commercial lender with 5-10 yrs. exp., formal credit training, degree and pro ven management skills for #2 spot in a $50mm depart ment................................................................................ To$50,000. COL. GORDON E. TAYLOR AG LENDER—S.E. Nebraska - Degree - 3-5 yrs exp. S25-30K. CORP. CHIEF CREDIT OFFICER-Need several years of extensive comm. & ag exp. - Omaha, ma jor bank. S40-50K. CASHIER—Well managed $90mm Iowa bank needs ex perienced banker with good operations background. CPA preferred..........................................................................To$30,000. Two Ruan Center/Suite 1000, Des Moines, IA 50309 515/245-3786 PRESIDENT, $500mm regional bank. Strong leader, delegator and manager of executive staff. Good long range analytical skills.........$75-80,000. EVP, Mid-size holding company. Holding com pany or regional supervisory experience. Solid planning capabilities, strong credit background. ............................................................ $70-75,000. POSITIONS AVAILABLE POSITIONS AVAILABLE JUNIOR AG OFFICER—Must have excellent people skills plusag lending experience................. To $23,000. CASHIER, $20mm-t- bank, 8-18 years experience. Small town with good schools, good hospital, locally owned.............................................$25,000. FACILITY MANAGER, consumer, real estate, small commercial background. Good location. Good benefits, self-starter........ ........... $20-25,000. DON W. SCHOOLER 2508 East Meadow Springfield, Missouri 65804 (417) 882-2265 POSITIONS AVAILABLE TRUST MARKETING - large urban bank. Requires degree and trust experience. $35K REAL ESTATE LOAN - single family residential and secon dary market experience required. Proximity of major metro area. $40K LOAN REVIEW • large bank experienced required. Both junior and senior level positions available. $28-$40K COMMERCIAL LENDING - V.P. positions in urban and large suburban banks. Personal portfolios from $20MM to $50MM. $40 K CABIN next to Shimek Forest for deer & turkey hunters. Sleeps 4. Call Dan (319)372-5141._________________ (FR) POSITIONS AVAILABLE A.V.P./CORRESPONDENT BANKER Frustrated? Maybe it’s time to consider a bank that still has a commitment to correspondent banking. A major Minneapolis bank has an opening for a hard charging cor respondent banker with 5 + years experience. Must be de greed with strong selling skills, and excellent analytical abilities. A super chance to join a premiere institution! Great Benefits Package! To$50K. Job#NW2435. VP EXECUTIVE BANKER Can you develop business with the “ movers & shakers” ? A prestigious bank located in a key Minnesota city needs a commercial lender with 5 + years experience. As a key ex ecutive you will coordinate the lending activity to high net worth/high income clients. Must be degreed with great selling skills. This position offers future career pathing un matched by most organizations. To$40K + Bonus. Job#NW2437. JUNIOR COMMERCIAL LENDER Are you sick of the credit department? Does management tell you to “ be patient” ? If you have strong selling skills and 1 + years credit analyst experience in a commercial bank, this job is for you! A top holding company has a commercial lending position available for the self-starter who wants to get ahead. A great chance to spring your career ahead! To $28K. Job #NW2438. FOR MORE INFORMATION CONTACT JAN PETERS OR PAUL GENTZKOW BRANCH MANAGER - handle small business and consumer credits. Med-size community affiliate of multibank holding company. $24K Additional listings for commercial lending and trust officers. Resume' requested. TOM HAGAN & ASSOCIATES P.O. Box 12346/2024 Swift North Kansas City, MO 64116 816/474-6874 “ Serving the Banking Industry Since 1970” mROBERT HALF OF M M N E S O T A , M C . RM 3636 IDS Center Minneapolis, MN 55402 (612) 339-9001 ALL FEES COMPANY PAID Vol. 16 No. 29 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, $24.00 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 Digitized forSt., FRASER #201, Des Moines, Iowa 50309. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
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