Farmers Trust and Savings Bank, Spencer, Iowa, named Mike Bryan its new president. He takes on the role from retiring David Woodcock, who had held it for 11 years.
Woodcock joined Farmers Trust in 1985 as senior vice president and cashier. In 2007 he became president, adding CEO and director responsibilities in 2011.
Bryan has served Farmers Bank in ag lending since 1994, with a promotion to executive vice president, senior lender in 2007.
“We are proud to promote Mike to president of Farmers Bank,” said board member Steve Drucker. “ I know I speak for the entire board when I say Mike has the respect of everyone in the community and industry and will further the legacy of Farmers Bank. He is an outstanding leader, banker, volunteer and family man. There is no one who is more prepared to lead Farmers Bank. The board is looking forward to Mike taking on this greater role at the bank, and we know he will lead with great character, loyalty and excellence.”
A native of Spencer, Bryan has twenty-seven years of experience in the banking industry. He has a Bachelor of Science degree in ag business from Iowa State University, Ames, and is a graduate of the Graduate School of Banking at Colorado, Boulder.
Bryan is active in the community including serving on several local boards and committees including: Clay County Fair and the Spencer School Foundation Board. His past involvement includes serving as a board member and volunteer with the Spencer Tailtwister athletic boost club.
“I am eager to begin work at Farmers Bank as president,” Bryan said. “The changes in leadership represent an opportunity for the talented and diverse leaders in our company to build on Farmers Bank core strengths, which include an outstanding staff, great customers, and many opportunities for continued growth.”
The $435 million Farmers Trust also announced a new executive team: Kent Nelson, executive vice president/senior lender, and Bryan Harkin, vice president/chief financial officer. Remaining on the team is Senior Vice President Debbie Sundall.