Shareholders of Mid-Iowa Bancshares Co., the holding company of IOwa State Bank, received a message of stability and growth at their annual meeting held on Tuesday, March 18, 2025.
Chairman Laurie Vitzthum stressed the bank's commitmen to community banking with 97 years of service to customers and the community. She stated both Mid-Iowa Bancshares Co. and Iowa State Bank delivered a solid financial performance with continued growth in both deposits and loans. "Iowa State Bank remains dedicated to being the community's financial center devoted to helping people succeed. We aim to be a trusted partner and a source of strength and stability for the communities we serve. Our focus is on delivering excellent customer service while offering and introducing new technology to help our customers succeed," she added.
In other business, the holding company appointed the following officer of Mid-Iowa Banchsares Co.:
- Laurie Vitzthum, Chairman, President & CEO
- Jason Wartick, Vice President
- Sara Metzger, Vice President & Treasurer
- Jackie Smith, Executive Secretary
The following directors were elected to three-year terms: Laurie Vitzthum, Jonathan Grether and Matt Muller while Mike Reynolds was appointed to a one-year term.
In addition, Iowa State Bank announced that Patty Hammer was promoted to Vice President, Operations. Hammer has been with Iowa State Bank since 1992 and leads the bank's operations department that helps customers manage their day-to-day banking needs, including electronic banking.
Iowa State Bank was established in 1928 while the holding company, Mid-Iowa Bancshares, was established in 1981. Iowa State Bank has offices in Algona, Corwith, Ruthven and Wesley and employs 51 people in north-central Iowa.
March 26, 2025 by Iowa State Bank