Transition underway at Iowa’s Ames National Corporation

Thomas Pohlman, CEO of Ames National Corporation, Ames, Iowa, will retire at the end of this month. Pohlman will continue to serve as the chairman of the board of Ames National and its subsidiary bank, the First National Bank of Ames. His retirement marks the culmination of a 40-year career in banking. [Continue]

Western Iowa bank wins the dirt-track market

Western Iowa's Malvern Bank has found a niche in financing the dirt-track racing community. It is title sponsor of the Malvern Bank Super Late Model Series, an eastern Nebraska and western Iowa racing series.

In the small western Iowa town of Malvern and its surrounding communities, dirt-track racing is a popular pastime. In fact, many of the customers at Malvern Bank have been involved with the sport for at least two decades. But only since 2012 or 2013 has Jay Burdic and his team specifically marketed to that segment. [Continue]

Great American Think-Off invites success and failure

2017 Great American Think-Off Finalists

Farmers and Merchants State Bank in New York Mills, Minn., sponsors the city’s Great American Think-Off, an annual essay contest and debate which this year asks, “Which plays a larger role in shaping one’s life: success or failure?” [Continue]

Secondary market helps ag lenders improve liquidity

Curt Covington

Curt Covington is executive vice president of agricultural finance at Farmer Mac. We recently asked Covington to update readers on how Farmer Mac’s secondary market products can augment a community bank’s rural finance initiatives. [Continue]

Illinois’ First Busey Corp. grows, diversifies business lines

Busey Bank

It’s been relatively quiet lately around First Busey Corp.’s headquarters in Champaign, Ill. – at least on the M&A front. And why not? The operator of the Busey Bank franchise has pulled off four acquisitions in the span of as many years, building it up to $7.8 billion in assets – triple its size from a decade ago. [Continue]