Independent Banker - July 2018 - 48

AGRICULTURE
Agriculture: Less than $500 million
Rank
Bank name
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Community Bank
Security State Bank
Bank of Lindsay
State Bank of Lismore
Farmers and Merchants Bank
Nebraska State Bank
First State Bank
Bank of Newman Grove
Farmers State Bank
Peoples Savings Bank
Logan State Bank
First Bank and Trust of Fullerton
First State Bank of North Dakota
Heartland State Bank
United Farmers State Bank
State Bank of Wheaton
Citizens State Bank
Ericson State Bank
Currie State Bank
Farmers and Merchants Bank of Kendall
City
Nevada
Sutherland
Lindsay
Lismore
Milligan
Oshkosh
Randolph
Newman Grove
Stickney
Elma
Logan
Fullerton
Arthur
Redfield
Adams
Wheaton
Wisner
Ericson
Currie
Kendall
Agriculture: $500 million to $1 billion
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Bank name
Peoples Bank
Premier Bank
First Financial Bank
American State Bank
Midwest Bank National Association
Bank Forward
Iowa State Bank
Independence Bank
Pilot Grove Savings Bank
American Bank & Trust
United Prairie Bank
First Bank of Berne
Peoples State Bank
Availa Bank
Frontier Bank
GNB Bank
Fidelity Bank & Trust
Dakota Community Bank & Trust,
National Association
Pinnacle Bank - Wyoming
Crockett National Bank
City
Rock Valley
Rock Valley
El Dorado
Sioux Center
Pierce
Hannaford
Hull
Havre
Pilot Grove
Wessington Springs
Mountain Lake
Berne
Prairie Du Chien
Carroll
Omaha
Grundy Center
Dubuque
Hebron
Torrington
San Antonio
48 Q ICBA Independent Banker Q July 2018
State
IA
IA
NE
MN
NE
NE
NE
NE
SD
IA
IA
NE
ND
SD
MN
MN
NE
NE
MN
WI
Agriculture loans
to assets ratio
76.68%
74.95%
74.07%
71.77%
71.38%
71.16%
69.37%
68.74%
67.72%
67.53%
67.42%
67.36%
67.24%
67.04%
66.34%
66.08%
65.35%
65.02%
64.94%
64.44%
depth of strategic planning to their
operations that will allow them
to prosper in multiple scenarios. "
Providing wise borrowing advice
is also key to the success of Bank
of Newman Grove in eastern
Nebraska, according to president
Jeffrey Gerhart.
" We're very fortunate because
we've dealt with most of our
customers for several generations,
State
IA
IA
AR
IA
NE
ND
IA
MT
IA
SD
MN
IN
WI
IA
NE
IA
IA
ND
WY
TX
Agriculture loans
to assets ratio
61.23%
59.91%
55.33%
50.75%
47.20%
44.91%
43.29%
39.33%
38.93%
36.30%
36.14%
35.54%
33.08%
30.48%
30.38%
29.89%
29.83%
29.32%
26.11%
26.11%
" We've dealt
with most of
our customers
for several
generations,
and we
know
their
abilities
and
opportunities. "
-Jeffrey Gerhart, Bank of
Newman Grove
and we know their abilities and
opportunities, " says Gerhart, whose
bank has $32 million in assets. " That
doesn't mean they don't get into
more debt than they should, but we
try to steer them clear of that. We
need them to be here tomorrow. "
Gerhart says he and his lenders

Independent Banker - July 2018

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Table of Contents
Independent Banker - July 2018 - Intro
Independent Banker - July 2018 - Cover1
Independent Banker - July 2018 - Cover2
Independent Banker - July 2018 - Table of Contents
Independent Banker - July 2018 - 2
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