June 11, 2024

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Bank Compensation Consulting(972) 781-2020bcc-usa.com Bankers Security Inc.(816) 358-0883bankerssecurity.com Community Banker Visa(800) 675-6284www.miba.net/community-banker-visa.html First Bankers’ Banc Securities Inc.(314) 835-4908fbbsinc.com Flat Branch Mortgage Services(314) 808-3918flatbranchhomeloans.com forbinfi(319) 274-8492www.forbinfi.com ICBA(202) 659-8111www.icba.org ICBA Securities(901) 762-5510www.icba.org/icba-securities JMARK Business Solutions Inc.(417) 863-1700www.jmark.com KASASA(512) 418-9590www.kasasa.com Midwest Independent BankersBank(573) 636-9555mibanc.com QwickRate(800) 285-8626www.qwickrate.com/qrweb/XSP/home/home.xsp SHAZAM(972) 765-2759www.shazam.net TIG Advisors(573) 875-4800tigadvisors.com

Mid America Bank Breaks Ground in Columbia Mid America Bank broke ground Wednesday, April 17, on its new branch at 4601 Stellar Drive in Columbia, Missouri. Steve Linton, president & chief executive officer, Brad Roling, market president — Columbia, officers of Mid America Bank, and the board of directors were present at the groundbreaking ceremony

Associate Members Athena Ladue, MOathena-cf.com BAFS Monroe, LAbafs.com BMA Banking Systems Salt Lake City, UTbmabankingsystems.com American Security and Privacy Sioux Falls, SDwww.americansecurityandprivacy.com Bank Member CNB St. Louis Bank St. Louis, MOcnbstl.com

June 1, 2024 Contributors to the MIBA Political Action Committee are recognized for their generosity on the Association’s website and at the MIBA Annual Convention and Exhibition. Different levels of contribution have been set to recognize supporters of our Political Action Committee fund and to make the Association’s membership more aware of this important facet

As we’re getting into the warmer months, it’s reassuring that baseball season is well underway. Your correspondent confesses a deep and abiding passion for the sport. While I’ve been only partially successful in getting my wife engaged in watching live baseball, she has gamely accompanied me to over two dozen major league stadiums. Nothing says “springtime” to me quite like the crack of a wooden bat on horsehide and the roar of a crowd. Might I add a beer and a hot dog?

At a young age, Kirk Penner learned the value of a hard day’s work from his father, Max. Max was in the grocery business. He and his partner, Wayne Gott, invested in several supermarkets in South Central and South Eastern, Missouri, and eventually expanded into northern Arkansas and Tennessee.

The MIBA scholarship program continues to generate enthusiasm among MIBA member banks. It is designed to meet the financial needs of community bank employees/dependents more than to recognize scholastic achievement. We feel this award opportunity is a valuable addition to our member banks’ employees in furthering their education either in the field of banking or helping to make possible continuing education for their dependents.

Register at: https://www.miba.net/

web.miba.net/events

By the time this is published, the 2024 Regular Session of the Missouri General Assembly will be over. Adjournment was on May 17 at 6:00 p.m. At this point in the session (May 5), there were two weeks left and two major issues still in the balance: the state’s $50-billion-plus budget and the FRA tax renewal. The constitution required the budget bill to be passed by 6:00 p.m. on Friday, May 10. The FRA, the health provider self-imposed tax that is used to pull down federal Medicaid dollars, was due by May 17 at 6:00 p.m.

Where are your main bank and branches located? What is the market like?
Our headquarters are located in Old Monroe, Missouri. We also have four other branches located in Troy, Moscow Mills, Wentzville and O’Fallon. Our market is very diverse and competitive. On the consumer side, we serve customers looking to purchase land or those who are building their forever home. On the commercial side, we serve individuals purchasing rental properties, commercial property, operating equipment, retail buildings, land development and mixed-use loans.

Thank you to the seminar sponsors!

Throughout our district, entrepreneurship serves as an economic engine, provides jobs and generates income within the local area. In regions where larger corporations may not have a presence, small businesses often fill the void, offering employment opportunities to residents who may otherwise struggle to find work locally. This not only helps to reduce unemployment rates but also strengthens the local economy by circulating money within the community.

Throughout his banking career, my dad had a standard saying that became a regular refrain: “If you need a quick answer, it’s no.” Even though he worked to get to a “yes” more often than a “no,” his point was that if you don’t have time to thoughtfully consider options, then the project doesn’t need to move forward.

The mere mention of change can send pulses racing and blood pressure rising. But while change can be hard, it’s unavoidable, and it’s only going to continue to accelerate in our evolving marketplace.