Holding company combines banks in two states Pony Express Bancorp, Elwood, Kan., has completed a merger of its two banks, Pony Express Community Bank, St. Joseph, Mo., and Bank of Paxton, Neb. Combined, the bank has $51 million in assets. The holding company acquired the $12 million Bank of Paxton in 2006. Bob Means, Pony’s president, said … Read more
Indiana bank hits refresh, S.D. merger makes for wider ag base and an Illinois bank merges, tops $1 billion. [Continue]
Capitol Bancorp. sells Neb. de novo to local family; Kansas bank’s branch buy boosts stability; Montana bank cuts ribbon on a new branch. [Continue]
Susan R. Evans has been promoted to chief operations officer of MidWestOne Financial Group, Inc., Iowa City, Iowa, and its subsidiary MidWestOne Bank. She had been senior vice president of retail banking since 2001. “In her new role, she will be responsible for coordination of all of our customer contact lines of business as well … Read more
Kansas bank lands University contract Marion National Bank, Kan., has been awarded a five-and-a-half year contract to exclusively serve the Emporia State University students who receive financial aid through the school. The branch will open on January 1 in the student union and will collect the residual balances of aid after the university takes its … Read more
Marking its first physical foray into a market outside of the Midwest, Alerus Financial, Grand Forks, N.D., officially opened for business in Peoria, Ariz., the last week of June. [Continue]
Missouri banker moves ahead with merger; slow and steady strategy succeeding in South Dakota, and S.D. bank to buy up Colo. branches. [Continue]
Iowa community bank makes the most of its HC, Montana bank shows strength during downturn, and Kansas branch changes hands. [Continue]
Nebraska Bank launches Colorado venture; Kansas bank takes state charter route. [Continue]
Illinois HC sees opportunity in struggling bank; Kansas bank leverages ag roots, and Montana bank builds up during downturn. [Continue]