Luke Roling Hired as Assistant Vice President/Loan Review Officer
Luke Roling, Assistant Vice President/Loan Review Officer, began employment with MIB Banc Services LLC in November 2023. Currently, he assists community banks with loan reviews and lending compliance audits.
Luke has over 10 years of experience in banking, joining from Hawthorn Bank, where he held the title of commercial loan officer. Before that, he was a loan officer at Farmers Bank of Lohman, originating ag, commercial, mortgage and consumer loans. Luke began his banking career as a teller while going through college before being promoted to direct loan assistant and floor plan coordinator.
Luke earned his bachelor’s degree in business administration from Lincoln University in Jefferson City, Missouri, from which he graduated with honors.
Luke is a 2017 graduate of the Missouri Bankers Association (MBA) School of Compliance Credit Module.
Midwest Independent Bancshares Inc. (MIB Inc.) is the bank holding company of Midwest Independent BankersBank (MIB), which is wholly owned. MIB is a “bankers’ bank” that provides a wide array of correspondent banking services to over 400 financial institutions throughout the Midwest. MIB is based in Jefferson City, MO. MIB Inc. also offers audit services to community banks through MIB Banc Services LLC. and is the majority owner of First Bankers’ Banc Securities Inc. (FBBS). FBBS offers investment products to community banks in over 25 states.
Risk Management Firm Ranks MRV Banks No. 3 in Nation Among Community Banks
CB Resource Inc., a risk management firm, has ranked MRV Banks third on its CB Top Ten™ list of community banks with assets between $500 million and $1 billion. The firm identifies the top 10% of community banks throughout the nation and provides industry insights to promote and enhance overall performance. In the 3rd quarter 2023 report, it recognized MRV Bank’s overall performance when compared to other community banks with the same assets.
“We are honored to receive recognition for the third consecutive quarter, a testament to our steadfast commitment to excellence and growth within the banking sector,” said Doug Watson, MRV Banks president & CEO. “This acknowledgment further validates our unwavering dedication to setting and surpassing industry standards. We celebrate this achievement and look forward to continued success in the future.”
The CB Top Ten™ categorizes community banks into five peer groups based on total assets. The firm provides a summary of the top 10% of community banks based on key performance indicators. Those include asset growth, return on average assets, return on average equity, net interest margin, efficiency ratio, non-performing assets, non-interest-bearing deposits and non-interest income. This report is produced annually and quarterly.
Founded in 2007, MRV Banks is one of the fastest-growing banks in Missouri. With more than $700 million in assets, it is the 49th largest bank in the state of Missouri out of 215 state-chartered banks. MRV Banks has locations in Ste. Genevieve, Cape Girardeau, Festus and its newest location in St. Charles. MRV Banks has a reputation for delivering premium banking products and services to local consumers and small business customers throughout Missouri. For more information about MRV Banks, go to www.mrvbanks.com or call (573) 883-8222.
Mid America Bank Promotes Kolb to Wardsville Branch Manager
Mid America Bank is pleased to announce Michelle Kolb has been promoted to Branch Manager of its Wardsville Branch. In this role, Kolb will be responsible for overseeing the daily operations and sales functions of the branch. Additionally, she will lead the branch in making sales calls, conducting training, processing transactions and setting up new accounts.
Kolb brings seven years of banking experience to her position. “I enjoy helping our customers with their banking needs and building relationships,” says Kolb.
Kolb is a graduate of Linn High School and attended Lincoln University. She resides with her husband and three children on their family farm near Meta, where they raise cattle and chickens. When not busy on the farm, she is passionate about supporting the Children’s Tumor Foundation. She and her husband serve on the fundraising committee in support of the cause.
Mid America Bank would like to congratulate Kolb on this well-deserved promotion.
Established in 1914, Mid America Bank prides itself on being a proud, locally owned and operated community bank that’s good for you and your community, too! Visit them online at www.midambk.com.
