December 07, 2016 8:13 AM ET

Banks

Company Overview of MidWestOne Bank

Company Overview

MidWestOne Bank, a community bank, provides personal and business banking products and services in Iowa. Its personal banking products and services include checking and savings accounts, home mortgage loans, and credit cards; online and mobile banking services; and wealth management services, such as investment and trust services. The company’s business banking products and services comprise checking and savings accounts, business check and credit cards, and business loans; merchant credit card and automated clearing house services; and wealth management services in the areas of corporate 401(k), retirement and estate planning, and investment management. It also provides personal insurance s...

102 South Clinton Street

Iowa City, IA 52240

United States

Founded in 1934

Phone:

319-356-5800

Fax:

319-356-5849

Key Executives for MidWestOne Bank

Chief Executive Officer, President and Director
Age: 62
Chief Financial Officer and Senior Vice President
Age: 35
Chief Operating Officer and Chief Operating Officer of Midwestone Financial Group
Chief Credit Officer and Executive Vice President
Age: 56
Executive Vice President and Director
Age: 59
Compensation as of Fiscal Year 2016.

MidWestOne Bank Key Developments

MidWest One Financial Group, Inc. and MidWestOne Bank Announce Executive Changes

MidWest One Financial Group, Inc. announced that Kevin Kramer has been appointed as chief operating officer of the company and MidWestOne Bank. Kramer takes over the role from Susan R. Evans, who will retire effective Oct. 25, 2016, but will continue to be employed by the company and the bank in a reduced role until her retirement prior to year-end 2017. Kramer was previously executive vice president and director of Commercial Banking of Bank Midwest and Hillcrest Bank, both subsidiaries of National Bank Holdings Corporation, since 2011.

MidWestOne Announces the Retirement of Kurt R. Weise as Executive Vice President, with Effect from December 31, 2016

On September 30, 2016, Kurt R. Weise announced his retirement as Executive Vice President of MidWestOne Financial Group, Inc. and of MidWestOne Bank (the Bank), effective as of the close of business on December 31, 2016. He will continue to serve on the boards of directors of both the Company and the Bank. Mr. Weise became a director of the company and the Bank upon completion the Company's merger with Central Bancshares, Inc. in May 2015. He also became an Executive Vice President of the company and a Senior Vice President of Central Bank upon the completion of the Merger. Mr. Weise previously served as the Chairman of the Board of Central Bank from 1994 until Central Bank's merger with the Bank in April 2016, and as the President of Central from 1988 until the Merger. He became an Executive Vice President of the Bank in April 2016 upon the merger of Central Bank into the Bank.

MidWestOne Bank Announces Resignation of Susan R. Evans as Chief Operating Officer

MidWestOne Bank announced that Susan R. Evans has informed the company that she intends to retire as Chief Operating Officer. Ms. Evans will continue to serve as the Chief Operating Officer until a new Chief Operating Officer is named. After the new Chief Operating Officer is named, Ms. Evans will continue to be employed by the company and the Bank in a reduced role until her retirement prior to year-end 2017. Ms. Evans joined the company in 2001 as Vice President-Retail Banking of the Bank, and was appointed to her role as Chief Operating Officer in August 2009.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 9, 2016
MidWestOne Bank, Quad-City Branch in Davenport
 

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