Pub. 11 2022 Issue 5


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Executive DougWareham, President andCEO Kathy Taylor, EVP, General Counsel Terri D. Thomas, EVP, COO Administration AlexOrel, SVP, Government Relations Eric Stofer, SVP, Chief Financial Officer Mary Taylor, SVP, Communications andMarketing Julie Taylor, VP, Computer and Information Systems Sara Blubaugh, VP, ExecutiveAssistant to the President andCEO Tommy Powell, KBEF/Robbins Banking InstituteDirector BreeMagee, Communications &MarketingCoordinator LynneMills, Receptionist/Special Projects Education and Conferences Brenda L. Unruh, SVP, Director, Education & Conferences/Member Services BeckyMilne, VP, Assistant Director Education&Conferences LeAnnMott, AVP, Education&Conferences NatalieWareham, Event Coordinator Insurance AlexGreig, President, KBA Insurance, Inc. Kent Owens, SVP, KBA Insurance, Inc. Elizabeth Roche, SVP, Employee Benefits Administration Jenny Figge, VP, Operations Cari Charter, AVP, KBA Insurance, Inc. Legal/Compliance Jackie Kuhn, JD, VP, Staff Attorney GwenHill, JD, VP, Staff Attorney AllisonCarpenter, JD, VP, Legal Dept.Manager Dylan Serrault, JD, VP, CFBSManager Bobby Young, JD, VP, Staff Attorney Adeel Syed, JD, AVP, Staff Attorney Neal Barclay, AVP, Compliance Specialist/Auditor Jeff Narron, AVP, Compliance Specialist/Auditor Kelly VanZwoll, JD, AVP, Staff Attorney&Gov’t Relations KerryClark, JD, Staff Attorney&Publications Editor LewisWalton, JD, Compliance Specialist/Auditor Erica Friedt, ComplianceOperations Specialist Nathan Stumme, ComplianceOperations Specialist MeridithDeForest, Administrative Legal Assistant Sarah Lynch-Chaput, Legal Intern GabeWalker, Legal Intern MiaedaHutchinson, Legal Intern TomThomsen, Legal Intern © 2022 Kansas Bankers Association | The newsLINK Group, LLC. All rights reserved. The Kansas Banker is published six times each year by The newsLINK Group, LLC for the Kansas Banker and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Kansas Bankers Association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. The Kansas Banker is a collective work, and as such, some articles are submitted by authors who are independent of the Kansas Bankers Association. While the The Kansas Banker encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at 855.747.4003. 6 Chairman’s Message Why Are Community Banks Concerned About The Durbin-Marshall Bill? Shan Hanes, President & CEO, Heartland Tri-State Bank, Elkhart 8 2022 CEO Forum Recap 11 50-Year Club Inductees at the 2022 CEO Summit and Annual Meeting 14 Meet the New KBA Board Members 16 Kansas Bankers Served their Country, Now Serving their Communities Bree Magee, Communications & Marketing Coordinator, Kansas Bankers Association Jonathon Johnson, President & CEO Home Savings Bank, Chanute Jan Oleen, Chief Executive Officer Farmers State Bank, Dwight Desiree Perry, Senior IT Security Analyst Capitol Federal Savings Bank, Topeka Doug Wareham, President & CEO Kansas Bankers Association 22 Washington Update Breaking Down the Debate over Digital Assets Rob Nichols, President & CEO, American Bankers Association 24 Manhattan Hosts the 2022 YBOK Annual Conference 28 Seventeen Kansas Banking Professionals Earn Prestigious Diploma In Banking 30 Kansas FFA Providing Ag Banking Talent for Nearly 100 Years 32 Briefly in Kansas Banking 35 In Memory: Jack J. Meyers 36 Cybersecurity Assessment: Do I Have To? Troy Sell, CISM, Security+, Information Security & Compliance Consultant, CoNetrix 38 Picturing Kansas 40 Will the Federal Reserve Sell MBS? Andrea F. Pringle, The Baker Group

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Six-Month Free Trial To obtain the resources you need to maximize the performance of your financial institution, contact Ryan Hayhurst with our Financial Strategies Group at 800.937.2257, or Sample Municipal Summary 03/31/2017 Page 1 of 2 635,461 GO+REV 9,896,680 GO 4,752,978 REV GO 64.7% REV 31.1% GO+REV 4.2% Total : 100.0% Municipal Type 689,324 TX PSF 10,199,393 AA 4,180,764 A 215,638 NR TX PSF 4.5% AA 66.7% A 27.4% NR 1.4% Total : 100.0% Moody/S&P Composite Rating AL CA CO IA IL IN KY NM OH OK TX WA WI AL 1.9% CA 2.3% CO 1.4% IA 3.9% IL 10.8% IN 10.2% KY 2.4% NM 1.7% OH 8.0% OK 9.9% TX 33.2% WA 4.7% WI 9.6% Total: 100.0% State of Issue Individual Municipal Ratings are as of 3/19/2017, unless recently purchased. weighting based on Book Value of 15,285,119 Insd-AGM Insd-BAM Insd-PSFG Insd-PSFG, Pre-ReFunded Insd-State Aid Not Insured Not Insured, Pre-ReFunded Insd-AGM 12.0% Insd-BAM 3.4% Insd-PSFG 3.1% Insd-PSFG, Pre-ReFunded 1.4% Insd-State Aid 11.9% Not Insured 58.2% Not Insured, Pre-ReFunded 10.0% Total: 100.0% Insurance 4/13/2017 6:43:55AM - FSG / SAMP The Baker Group Software Solutions, Inc. - APMTM Although the information in this report has been obtained from sources believed to be reliable, its accuracy cannot be guaranteed. ADVANCED PORTFOLIO MONITORTM 18 18 Sample Cusip Par Cpn Book Price Market Price Gn/(Ls) *Acctg Eff Dur Eff Cnvx Underlying Municipal Credit Detail 03/31/2017 Yield Description Page 6 of 7 Muni Insurer Muni Type Moody S&P Call Date Maturity ASC 320 Gn/(Ls)% State Underlying Ratings GO | REV *DA% | DC *Per Cap | Covnt Issue Date Tax Status Overlapping D/A - Debt/Pop Net Asset Ending Beginning Cnty Jobless Security Fiscal Year Report Date *Proj 944431BL8 220,000 5.500 103.90 105.18 2,816 4.34 4.39 (0.98) WAYNE SD #112-B-BABS IL 26 Not Insured N/A N/A GO N/A A+ 12/01/20 12/01/26 AFS 1.23 IL 5.58 | -- 507 | -- 12/08/10 Taxable 8.29 - 754 WAYNE - 8% 2016 Report AD VAL TAXES 2015 4.34 3 Items 4.19 4.19 3.91 (0.30) (458) 103.36 103.40 5.311 1,160,000 Taxable Municipal Totals 39 Items Portfolio Totals 3.25 3.25 3.91 (0.26) 3.392 104.59 101.78 (409,651) 14,615,000 6,385K AA 6,918K A 1,981K NR AA 41.8% A 45.3% NR 13.0% Total: 100.0% Moody/S&P Composite Underlying Rating 1,471K Aa2 213K Aa3 1,533K A1 768K A3 11,299K N/A Aa2 9.6% Aa3 1.4% A1 10.0% A3 5.0% N/A 73.9% Total: 100.0% Moody's Underlying Rating 695K A+ 635K A 232K A13,723K N/A A+ 4.5% A 4.2% A- 1.5% N/A 89.8% Total: 100.0% S&P Underlying Rating 689K AAA 10,415K AA 4,181K A AAA 4.5% AA 68.1% A 27.4% Total: 100.0% Moody/S&P Composite Rating weighting based on Book Value of 15,285,118 * Denotes Tax Equivalent Yield (TEY) where applicable. Individual Municipal Ratings are as of 2/28/2017, unless recently purchased. * D/A% = Debt to Assesed Ratio; DC = Debt Coverage | Per Cap = Per Captia Debt; Covnt = Rate Covenant 4/13/2017 6:43:56AM - FSG / SAMP The Baker Group Software Solutions, Inc. - APMTM Although the information in this report has been obtained from sources believed to be reliable, its accuracy cannot be guaranteed. ADVANCED PORTFOLIO MONITORTM 26 26 Balances ($000's) Page 1 of 1 12/31/2019 Book Value % of Book TA **Rate Sensitive < 1 Year *Book Yield/ Rate *Reinv. Rate *12 Mo. Proj. Yield/Rate Avg. Life Effective Duration Effective Convexity Full Indx. Rate / Total is % of Segment Fixed Var. Non Int. Summary ALCO - Asset/Liability Mix Sample $20,414 4.16 46.55 53.45 46.55 0.97 0.04 0.01 0.00 Cash & Due 0.97 0.97 / 0.97 $172,210 35.10 100.65 (0.65) 14.56 2.81 4.60 3.55 (0.51) Investments j 2.81 2.64 / 0.00 (Includes MTM) $4,500 0.92 100.00 100.00 1.63 0.04 0.04 0.00 Funds Sold 2.13 2.13 / 2.13 $276,700 56.39 56.28 45.26 (1.53) 53.28 5.20 2.59 1.96 (0.22) Loans 5.37 5.47 / 5.76 $6,511 1.33 100.00 2.49 12.63 0.00 0.00 Other Earning 2.49 2.49 / 0.00 $10,358 2.11 100.00 Non-Earning $490,693 3.24 Total 68.38 28.37 100.00 38.01 4.17 3.27 2.36 (0.31) Assets 4.28 4.28 / 5.31 $276,064 56.26 66.70 33.30 12.02 0.53 7.66 4.48 0.54 Non-Maturing Deposits 0.53 0.53 / 0.53 $92,498 18.85 99.44 0.56 0.00 82.54 0.84 0.70 0.65 (0.04) Certificates of Deposit 0.84 0.81 / 0.70 $37,721 7.69 100.00 68.68 1.09 0.97 0.93 (0.02) Jumbo CDs 1.08 1.05 / 0.00 $28,250 5.76 95.58 4.42 46.90 2.06 1.95 1.89 0.03 Borrowed Funds 2.04 1.86 / 1.88 Other Paying $6,724 1.37 100.00 Non-Paying $441,257 22.36 Total 35.51 42.13 89.93 33.70 0.80 5.15 3.14 0.33 Liabilities 0.80 0.77 / 0.54 10.07 $49,436 (0.60) (0.46) Total Equity Capital 100.00 $490,693 Total Liab & Capital Liability Mix Asset Mix Liquidity Ratios Constant Benchmark ALCO Dependency Ratio Liquid Assets / TA Ratio is outside benchmark. P < 750.00% < 100.00% < 50.00% < 20.00% > 10.00% < 35.00% < 300.00% 42.39 68.11 559.71 48.04 6.31 10.19 7.69 Loans / Assets 56.39 Investments / Deposits Loans / Deposits Loans / Capital Net Borrowed Funds / Capital < 75.00% Available Line of Credit $90,500 56.39 Loan 35.10 Inv 4.16 Cash 2.11 Non-Earn 1.33 Other Earn 0.92 Others 56.26 NMD 18.85 CDs 10.07 Equity 7.69 J CDs 5.76 Borrow 1.37 Others Reliance on Wholesale Funding 9.14 < 30.00% The smallest 2% of all categories will be grouped into an 'Others' category. Jumbo CDs / TA Note: Values are rounded before printing, but full precision values are used in all calculations. * Yields/Rates are reported on EA & PL. Investments using Accounting yield. j (Ver 4.0 R7) Copyrighted 1994 - 2020 1/29/2020 3:39:46PM - SAMPLE / SMB1218 The Baker Group Software Solutions, Inc. - IRRMTM Although the information in this report has been obtained from sources believed to be reliable, its accuracy cannot be guaranteed. Interest Rate Risk Monitor ** Percentages based on maturing, repricing, and paydown balances. As American financial institutions—along with the rest of the world—face unprecedented times, The Baker Group is ready with tools and services to help maximize the performance of your institution. That’s why we’re offering new clients our Software Solutions* service package for a six-month free trial. Not only will you have access to our latest market research and insight from our Financial Strategies Group, you’ll be included in all of our webinars. There you’ll hear the latest Information on the economy and how it could impact your institution and its investment portfolio.

6 CHAIRMAN’S MESSAGE By Shan Hanes, KBA Chairman, President & CEO, Heartland Tri-State Bank, Elkhart Why Are Community Banks Concerned About The Durban-Marshall Bill? This is a fair question since the Durbin-Marshall proposal explicitly exempts banks under $100 billion. Unfortunately, community banks have been explicitly exempted from similar legislation before, only to see the negative impact of the proposal become a reality for both community banks and their customers. That’s exactly why virtually every financial service-related trade group representing banks and credit unions of all shapes and sizes are strongly opposing the so-called Credit Card Competition Act. The last thing a banker wants is an upset customer, especially community bankers that might just find themselves sitting next to that customer at the high school football game on Friday night or two rows behind them at church on Sunday. Almost everyone I know has some sort of a credit card that affords them rewards points or cash back. When my parents traveled some years ago, if mom owed you money, you better accept her Southwest Airlines miles as payment. All of us, including our customers, expect that when we use rewards or a cash-back credit card, we will receive credit for that transaction in the form of points or cash back. If the DurbinMarshall bill is adopted, each of us and our customers will no longer be in charge of who processes credit cards. Merchants will have control, and they will simply choose the lowest cost card routing processor and the rewards and cash back consumers are accustomed to will be gone. Whom do you believe consumers will be upset with when the credit cards we issue them are no longer benefitting them with rewards points? I’m guessing they’ll be upset with their issuing bank, even though we would no longer have any control over who processes their credit card purchases. While losing their rewards points may be the most obvious loss to customers, that’s not what will harm them most. This Durbin-Marshall bill does nothing to address or improve credit card rail processing security. The consumer will also have no idea who has their confidential information – until they begin receiving fraud alerts from their credit reporting agency. Most of the time, when someone’s credit is hacked, they can trace it back to a specific transaction. They then call their credit card provider, who tracks back to the last transaction before the fraudulent activity started. However, with a mandate that requires two credit card rail possibilities on every transaction, there will be no starting point to track that down. This concern was expressed many months ago to Senator Marshall and well in advance of the introduction of the Durbin-Marshall mandate bill. Regrettably, there was no attempt to address this serious concern. EXAMPLE: Consider the multiple possibilities of five simple credit transactions with five merchants, each offering two (could be more as the bill mandates two, but does not limit to two) rails, one being Visa (card issuer) and five other processors as the second rail. Those five transactions would have at least six different possible rails. Let’s assume one of those processors was hacked, the consumer’s data is stolen, and the credit card is maxed out. Yet, the customer has no idea how to trace down the original point of fraud because none of the transactions were processed through the same network, and possibly none went through Visa — the original card issuer. Policymakers must consider the exponential losses and challenges to the card payments system as consumers

Pub. 11 2022 Issue 5 7 All of us, including our customers, expect that when we use rewards or a cash-back credit card, we will receive credit for that transaction in the form of points or cash back. struggle to figure out when a fraud event started and how much more difficult it will be to catch fraud early when multiple networks are at play. We’ve all received a call/ text while checking out at a merchant (real-time) asking us to confirm the transaction as valid or fraudulent. That ability will cease if an alternative network is in use. I firmly believe this bill will harm the consumer in ways even the co-sponsors of this legislation don’t fully understand. Unfortunately, as bankers, we’ ll be left cleaning up the fraud mess with our customers. This proposal also does little to benefit small businesses. While, in theory, they will be able to add a lower-cost processor to their system, most small businesses simply don’t have the manpower to research processors and hopefully choose the best option. Furthermore, if a consumer is impacted by fraud and they are able to chase down the point of fraud origin to a particular small business, will that small business owner even know or be willing to share which processor they used to clear the transaction? And how will small businesses react when their customers realize they aren’t receiving their rewards points or cash back when shopping with them? Do you see the reputation risk to small businesses if this dual routing mandate is adopted? Virtually every Kansas bank has retail customers who are enduring challenges, including coming out of a pandemic, inflation costs not seen in decades, and supply chain issues. As bankers, we want our retail customers to succeed, but it seems counter-productive for any member of Congress to advocate for increased regulation and a government mandate, all in the name of promoting competition. Thomas Jefferson once wrote, “The Government that governs best … governs least.” I tend to agree with President Jefferson. Historically, if there was excess profit in a specific industry, then a free-market economy encourages competitors to spring up to increase competition and lower prices. There is currently NO LAW which prohibits other companies, including large merchants, from creating payment rails and competing. If there is excess profit to be had, companies are and should remain free to create a new payment rail. However, there is no need for the government to create laws designed to mandate competition. I hope I’ve made the case that doing so will simply harm consumers and many, many small businesses as well. I personally want to make sure that every Kansas banker is aware that Senator Durbin and Senator Marshall are now trying to get their proposed credit card routing mandate attached to other bills working their way through Congress. Their latest attempt is to amend the language contained in the Credit Card Competition Act to the National Defense Authorization Act (NDAA), which is required to be adopted annually by Congress. I ask that you join me in educating our fellow bankers, our customers and our elected officials of the harm and risk associated with the Durbin-Marshall mandate. If we don’t educate everyone now and continue our strong opposition to the Durbin-Marshall mandate, I’m concerned we will be stuck cleaning up the mess this legislation will create. Sincerely, Shan Hanes

8 Celebrating our 37th year, over 425 bankers and their guests joined the KBA staff for the 2022 KBA CEO Summit and Annual Meeting held at the beautiful Broadmoor resort in Colorado Springs, CO. KBA President and CEO Doug Wareham welcomed the attendees on the afternoon of Thursday, August 4. He shared some highlights of the conference ahead and introduced officers, other special guests, staff, and sponsors. Chairman Mike Ewy from Community State Bank in Coffeyville also welcomed the group, took a few moments to share some insights from his year as chairman, and showcased the “I am a Kansas banker” video featured in a statewide talent recruitment campaign. ABA Chairman-Elect Dan Robb, who also serves as President & CEO of Jonesburg State Bank in East Central Missouri, provided attendees of KBA’s CEO Summit with an overview of federal legislative initiatives and federal regulatory challenges at the top of the ABA’s priority list. Robb challenged the leaders of Kansas banks to engage all their bank employees in the policy and political processes that ABA works to spearhead in Washington, D.C., and he stressed the importance of having strength in numbers when delivering our message and how important maintaining a strong and diverse banking industry is to our nation. Following Robb, Missouri Bankers Association CEO Max Cook and Ewy joined Wareham and Robb on stage for a Mountainside Chat where they entertained questions from the audience on a variety of topics affecting bankers. Retiring Kansas City Federal Reserve Board President, Esther George, provided remarks looking back at her 40-year career at the Federal Reserve. She shared the dramatic changes to the financial system and the broader economic landscape. Yet, despite this tremendous change, it remains as true today as it did in 1982 that access to credit and other financial services is essential to the success of local communities, households, and small businesses. The opening day of the conference concluded with a thought-provoking presentation by Dave DeFazio of Strategy Corps, entitled “King of the Hill: Mobile App Edition.” DeFazio shared that the secret to improving your future deposit growth lies in understanding the changing role of banking products in the financial lives of today’s consumers. He dove into ongoing research that explains these trends — including which mobile features matter most to each generation, from millennials to baby boomers. Immediately following his presentation, the evening concluded with a reception on the Mountain View Terrace. Friday morning dawned, full of sunshine and beautiful Colorado weather for the golfers who played in the Jim Maag Golf Scramble. Meanwhile, those who chose not to play golf were treated to our annual banker/spouse/guest breakfast and program, which featured Deadra Stanton and her presentation, “Don’t Shoot Skinny Rabbits.” Before we can grow professionally, we need to learn to survive personally. As the pace of change quickens every day, we sometimes end up chasing too many skinny rabbits. When we do this, we lose our energy and our focus on what’s 2022 CEO Forum Recap The 2022-2023 KBA Leadership Team (lef t to right): Mark Schif ferdecker, Chairman-Elect, GNBank, Girard; Shan Hanes, Chairman, Hear tland Tri-State Bank, Elkhar t; Gene Dikeman, Vice Chairman, The Plains State Bank, Plains; Mike Ewy, Past Chairman, Community State Bank, Cof feyville; and Doug Wareham, KBA President & CEO. Central States leadership Connor Stepp (far lef t) and Dan Stepp (far right) with this year’s winning team at the Jim Maag Golf Scramble. L to R: Jef f Leget te, Federal Reserve Bank, Kansas City, MO; Jef f Steiner, FHLBank, Topeka; Scot t Carrithers, Country Club Bank Capital Markets Group, Leawood and Craig Heideman, Kaw Valley Bank, Topeka.

Pub. 11 2022 Issue 5 9 really important. Be open to new ideas, a revitalized sense of self, and let go of the stress that causes you to chase SKINNY RABBITS! The afternoon featured two breakout sessions for bankers to choose from, including “Technology —The Best Defense and a Good Offense,” led by Robert Mendez with BankOnIt, as well as “Cryptocurrency and the Blockchain: Digital Dollars or Counterfeit Currency” by Steve Stasiukonis from Secure Technology Solutions. After the breakouts, U.S. Secretary of State and former Kansas 4th District Congressman Mike Pompeo made a special appearance at this year’s summit, reflecting on his time at the helm of the Central Intelligence Agency (CIA) and the U.S. State Department. Following his keynote address, Secretary Pompeo joined KBA President and CEO Doug Wareham for a question/answer session that covered issues ranging from national security to cybersecurity to the Environmental, Social and Governance (ESG) movement. Friday evening closed with the KBA Leadership Reception and dinner at Broadmoor’s Cheyenne Lodge. Saturday morning, it was back to the business at hand as the golf awards were given out following breakfast. After this, Kansas Attorney General Derek Schmidt made a guest appearance before getting back on the road campaigning for Kansas Governor. Wareham inducted five individuals into the 50-Year Club: Ernie Beaudet, James Berglund, James Berkley, John Berkley, and TomMcGavran. In addition, 16 others who could not attend were acknowledged for achieving this milestone since the previous year’s CEO Summit. Next, the annual business meeting was held, which included the election of officers. Your 2022-2023 KBA elected officers are Chairman Shan Hanes, Heartland Tri-State Bank, Elkhart; Chairman-Elect, Mark Schifferdecker, GNBank, Girard; Vice Chairman Gene Dikeman, The Plains State Bank, Plains; and Past Chairman Mike Ewy, Community State Bank, Coffeyville. Following the annual meeting, Kansas native Miki Bowman, who serves as the community bank designee on the Federal Reserve Board in Washington, D.C., provided insight into her perspectives on the economy, inflation, and ever-evolving bank regulation. After her featured remarks, Bowman joined newly installed KBA Chairman Shan Hanes for a Q&A session focused on the many regulatory headwinds facing community banks. Closing this year’s Summit was Chris Low, Chief Economist at FHN Financial. Low provided information on the slowing economy, including tight financial conditions, that odds favor a recession this year, and Americans are saving the least in years. Despite the dismal message, Low gave us some excellent takeaways. Thank you to all our bankers and associate members who attended this year and made this conference such a huge success! We want to remind you to mark your calendars for August 3-5, 2023, for next year’s CEO Forum, and be sure to make your Broadmoor reservations now, as our room block will sell out early. ABA Chairman-Elect Dan Robb who also serves as President & CEO of Jonesburg State Bank in East Central Missouri provided attendees with an overview of federal legislative initiatives and federal regulatory challenges at the top of the ABA’s priority list. Miki Bowman, who serves as the community bank designee on the Federal Reserve Board joined newly installed KBA Chairman Shan Hanes for a Q&A Session focused on the many regulatory headwinds facing community banks. Continued on page 10

10 Outgoing KBA Chairman Mike Ewy, Chairman/CEO of Community State Bank at Coffeyville carried on the time-honored tradition of presenting incoming KBA Board Chairman Shan Hanes, President & CEO of Heartland Tri-State Bank at Elkhart with a KBA-logo embossed watch. Special thanks to Past Chairman Ewy for his service to the KBA this past year and Congratulations to KBA Board Chairman Shan Hanes! Secretary Pompeo joined KBA President & CEO Doug Wareham for a questions/ answers session that covered issues ranging from national security to cybersecurity to the Environmental, Social and Governance (ESG) movement. Past Chair Mike Ewy and KBA President & CEO, Doug Wareham present Esther George, President & Chief Executive Of ficer of the Federal Reserve Bank of Kansas City with the KBA Flint Factor Award in recognition for her 40 years of service at the Federal Reserve Bank of Kansas City and her dedication to the bet terment of the banking industry. George intends to retire in January 2023. Congratulations Esther. Past KBA Chairman Mike Ewy presents retiring KBA board director Ron Wente of Golden Belt Bank, FSA in Hays with a token of appreciation for his six years of service on the KBA Board. Thanks for your leadership, Ron! Continued from page 9

Pub. 11 2022 Issue 5 11 James (Jim) Berglund James L. “Jim” Berglund has dedicated more than 50 years to banking in Kansas and serving Kansas customers in leadership roles at Equity Bank and Sunflower Bank. Jim Berglund served as President and Chief Executive Officer of Sunflower Bank in Salina, Kansas, for more than 20 years, helping the bank rebrand from First National Bank of Salina, and grow through a series of acquisitions beginning in 1989 throughout his tenure as CEO. Jim joined then-First National Bank in Salina, Kansas, in 1969 as a Vice President and Trust Officer, becoming an executive vice president in 1976, where he served until being named CEO in 1985. At the time of Jim’s departure in 2005, Sunflower had 33 locations and $1.8 billion in assets in Kansas and Colorado and ranked No. 1 in market share in numerous Kansas and Colorado cities, including Sunflower’s home base of Salina. Jim joined Equity Bancshares, Inc., the Wichita-based holding company for Equity Bank, in 2007 as a member of the Board of Directors, with leadership instrumental to Equity Bank’s credit culture, organic growth, and growth via mergers and acquisitions. Additionally, he served as a lending consultant and member of the board of directors of the State Bank of Osborne, Kansas. 50-Year Club Inductees at the 2022 CEO Summit and Annual Meeting Ernie Beaudet Ernie began his banking career as a Drive-up Teller in May 1971 at Kansas State Bank (now known as KS State Bank) in Manhattan until May 1975. He went to Manhattan High School and then graduated from Kansas State University in 1975 with a BS in Business Administration and Finance. At Bank of Kansas in Hutchinson, Ernie started as an AVP, VP, EVP and President and CEO from June 1975 to June 2008. Ernie then started his new positions as President, CEO & CFO at Redstone Bank in Centennial, Colorado, from July 2008 to January 2011. In February 2011, he moved to Heritage Bank in Topeka and was there until April 2020. At present, Ernie is the VP of Business Development at Bennington State Bank in Wamego and Salina, where he started in July 2020. Several highlights of Ernie’s banking career include increasing Bank of Kansas’s total assets from $19 to $100 million, increasing Redstone Bank’s total assets (a de Novo) from $0 to $60 million and turning a new page to do business development in Manhattan where he grew up. Ernie’s greatest challenge was bringing Heritage Bank (a four-rated bank) from the brink to a highly rated bank when he left. He is currently working with a group out of Lawrence to buy a bank in Northeast Kansas to preserve a rural community bank with expansion plans. He has been involved in Chamber in various cities serving on various committees, Rotary, Little Apple Brigade in concert with Fort Riley, Teacher of Finance at the Hutchinson Correctional Facility, Board Member of the West Loop Business Association and member of the Aggieville Business Association in Manhattan. Continued on page 12

12 James Berkley James graduated from Stockton High School in 1968 and then graduated from the University of Kansas with his B.S. in Business Administration in 1972. He began his banking career as Assistant Vice-President in May 1972 at Stockton National Bank in Stockton. He held numerous positions within different banks over the 50 years as Director of Rooks County State Bank from 1971 to 1993, Director of Farmers and Merchants Bank in Hill City from 1988 to 2013, Director of Trego-Wakeeny State Bank from 1988 to 2013, Director of Relianz Bank in Wichita from 2005 to 2015, Director of Bennington State Bank from 2015 to 2018 and Chairman of the Board of Solutions North Bank from 1998 to the present. Throughout the many community activities that James has been involved in, he has been in various chamber of commerce positions for Stockton, President of the Stockton Rotary Club, school board member and Treasurer of the National Omokxee Association. In his spare time, he enjoys traveling with his family and playing golf. Over his years in banking, James has enjoyed working with the people and employees he has the opportunity to meet as well as working with the family in the bank. John Berkley After graduating from Stockton Rural High School in 1964, John attended the University of Kansas for two years until he went into the military in 1966. He then finished up his degree at KU and graduated in December 1971. John started his banking career as Vice-President of Stockton National Bank (now known as Solutions North Bank) in Stockton in December of 1971 and was promoted to President in 1998. He retired from full-time bank work in 2007, and he currently serves as the Director of Solutions North Bank. Over the years of his career, he served as Director for several banks, including Rooks County State Bank (1971 to 1993), Farmers & Merchants Bank (1988 to 2013), Trego-WaKeeney State Bank (1988 to 2016) and Relianz Bank (2005 to 2015). John has been involved heavily in community activities, including as a member of the Veterans of Foreign Affairs, where he served as Quarter Master, local library board, congregational church board, member of the American Legion, and served on the Stockton Area Arts Council. In the past time, he enjoys playing sports and reading, including a collector of quotations of liberty. John has enjoyed working with people in the local community and helping them do whatever they wish with their financial goals has been a big takeaway for him. Continued from page 11

Tom McGavran Congrats to Tom McGavran on his 50 years in banking! Tom began his banking career in August 1972 with the FDIC as a trainee, working out of the Emporia and Chanute field offices. All his time as an Examiner was spent in Kansas, examining Kansas banks. In April 1982, he joined Guaranty State Bank & Trust Co. in Beloit as Vice President & Managing Officer of the recently acquired State Bank of Delphos. At that time, he was also named Associate Director of the Guaranty State Bank & Trust Co. Board of Directors. In 1987, he was elected as Director and served on the Board for 40 years. In January of 1987, after putting a group together to purchase the State Bank of Delphos, Tom was elected the Chairman of the Board and President & CEO. Tom held these positions until March 2015. During this time, his bank quadrupled in size and added two locations in Glasco and Minneapolis. On March 31, 2015, his bank merged the State Bank of Delphos with its three locations into Citizens State Bank & Trust Co. in Ellsworth. Tom was named the Bank President for all three locations in Delphos, Glasco and Minneapolis, a position he still holds. He also serves as the Associate Director for the Citizens Bank & Trust Board. Serving three terms as Regional Representative, Tom served on the KBA Board of Directors plus two years as Treasurer. Tom was Treasurer during the construction of the new KBA building. He served as President of KBA/Hodge & Porter after the KBA had successfully purchased the company. In 2020, he was awarded the KBA Ag Bankers Pioneer Award. He continues to serve on the Board of Directors for Guaranty State Bank & Trust Co.

14 D. Gene Dikeman II KBA Vice Chairman Gene Dikeman is the President & CEO of The Plains State Bank in Hutchinson. He was previously the President of Farmers Bank & Trust in Great Bend and the President of First State Bank in Larned. In 2018, he was PAC Chairman and has served on the Central Kansas Regional Medical Center Board of Directors, School Board, President of Chamber and Economic Commissions and has been a K-State Mentor. After receiving his associates degree from Garden City Community College, he received his B.S. in Business from Kansas State University and has attended the Graduate School of Banking – Madison, Wisconsin. He is married to his wife Mary and has six children and 13 grandchildren. In his free time, he enjoys being a private pilot, hunting, fishing, farming and Jeeping. His goal is to make a difference by helping communities and families be successful and meet their potential. Meet the New John B. Dicus Chairman’s Appointment John B. Dicus is Chairman, President & CEO at Capitol Federal Savings Bank in Topeka. Prior to his current position, he served as Chief Operating Officer, Executive Vice President of Corporate Services, and various other positions since 1985. A graduate of Topeka West High School, he continued his studies at the University of Kansas, earning a Bachelor of Science degree and a master’s in Business Administration. He is married to his wife Brenda and has three children: Ellen, Emily and Laura. He also enjoys playing golf in his free time. Julie Huber Regional Representative Julie Huber joined Equity Bank in January 2003 and oversees Mergers and Acquisition Integration, Strategy Implementation, and Digital Transformation for the $5 billion bank. She has been a member of Equity Bank’s executive leadership team since the bank’s inception. During her tenure at Equity Bank, she has had the distinction of working in every department of the bank from Compliance to Internal Audit to Credit to Operations to Risk Management to Strategy. She has spent her time at Equity Bank growing the company from a small bank with only two locations to a bank with 67 locations located in four states. Julie is an alumnus of McPherson College, with B.A. degrees in Business Administration and History and earned an MBA from Baker University. She graduated from the Stonier Graduate School of Banking in 2006. KBA Board Members

Pub. 11 2022 Issue 5 15 Dale Winklepleck Regional Representative Dale Winklepleck serves as the President & CEO for Solutions North Bank in Stockton. Before this, he held employment with the Federal Deposit Insurance Corporation. He obtained his bachelor’s and MBA in Finance from Fort Hays State University. He is married to his wife Heather and has two children: Lexi and Logan. Winklepleck and his wife are very excited in becoming first time grandparents in December of this year. His goals include to raising productive kids and being positive. Troy Hutton At-Large Representative Troy Hutton has served as the President and CEO since 2013 for the First National Bank of Hutchinson in Hutchinson. He obtained his bachelor’s degree in Business Administration from St. Mary of the Plains College and has also served on the State Affairs Committee. He is married to his wife Nikki and has one child, Alexis. He is passionate about community banking and enjoys getting to play sports and golf in his free time. Cameron Cooper YBOK Board Division President Cameron Cooper, Executive Vice President of Patriots Bank in Garnett since 2003, will serve as the YBOK President for the 2022-2023 year. Cooper obtained his bachelor’s in Business Management from Kansas State University. He also serves on the Board of Directors of his bank. In his free time, he enjoys hunting, fishing, boating, skiing, hiking, biking, cooking and coaching his kids in sports. He has three children: Nolen, Vince and Owen. Chris English KBA Trust Division President Before working in the banking industry, Chris English was a math teacher and coach for the Lawrence Public Schools from 1997-2009. He had attended Kansas University for his B.S. in Secondary Education/Mathematics and has also attended the ABA Wealth and Trust Schools. English started at The Trust Company of Kansas in Lawrence in 2009, where he is now CEO & Chairman of the Board. He has also been a Trust Division Board Member from 2017 to the present. He is married to his wife Tracy and has four children: Abigail, Keely, Connor and Libby. He enjoys backpacking, camping, fishing, golf, gardening/yard work and cooking in his free time. David White, Kansas Ag Bankers Division Representative Since 2013, David White has served as the Senior Commercial Relationship Manager of Commodities for INTRUST Bank, N.A. in Wichita. Previously, he worked as a Risk Analyst for CoBank from 2010 to 2013. He has his bachelor’s in Agricultural Economics from Kansas State University and his MBA in Finance from Fort Hays State University. From 2021 to the present, he has served on the ABA Ag & Rural Bankers Committee and from 2020-2021, he was on the ABA Ag Bankers Conference Advisory Board. He also has served on the Kansas Ag Bankers Division Board from 2015 to the present. He is married to his wife Stacy and has three children: Charles, Harrison and Samuel. When he is not banking, he is actively involved in his 1,800-acre family farm near Wellington.

16 The 40th United States President Ronald Reagan once said, “We remember those who were called upon to give all a person can give, and we remember those who were prepared to make that sacrifice if it were demanded of them in the line of duty, though it never was. Most of all, we remember the devotion and gallantry with which all of them ennobled their nation as they became champions of a noble cause.” The American military has been breeding top leaders since the Declaration of Independence was signed. But once finished serving their country, many have headed to the financial services sector. They come from all branches of the U.S. military: Army, Navy, Air Force, Marines, Space Force and Coast Guard. They also hail from the reserves and National Guard. Following are bios of four Kansas bankers who served their country and are now serving their communities. Kansas Bankers Served their Country, Now Serving their Communities By Bree Magee, Communications & Marketing Coordinator, Kansas Bankers Association

Pub. 11 2022 Issue 5 17 onathon Johnson, President and CEO of Home Savings Bank in Chanute, enlisted in the ROTC while he was a student at Pittsburg State University. In May 1987, he was commissioned as a 2nd Lieutenant and went on active duty that fall. Johnson always had an interest in the military since childhood and has never regretted joining. Some of Johnson’s earliest memories came from attending the Airborne School in Fort Benning, Georgia. It came as a culture shock and mental head game as he and his fellow soldiers were pushed from sunup to sundown. “Guess their plan was to make you so miserable that you would jump out of a perfectly good airplane,” Johnson said. “Nothing like putting your knees in the breeze at about 3,000 feet.” Jonathon Johnson, President & CEO Home Savings Bank, Chanute Whether it was Airborne School, the Platoon Confidence Course or a broader rotation, the key for Johnson was to take everything one step at a time. He drew strength from his fellow soldiers and his wife, who was a key to the process and supported him through prayer and commitment. Several of Johnson’s jobs in the army included being a Tank Platoon Leader, Scout Platoon Leader during the late 80s (where he and his team were the last full armor rotation on the East/West German border) and then separated from the Army in the late 80s. He then served in the Army Reserves as a Troop Commander, later retiring from the Kansas National Guard after serving as a Battalion, Reserves Support Group and Division Chaplain. “As a Chaplain, it was my greatest calling to serve and help soldiers navigate life stateside,” Johnson said. “Some of my greatest highs and lows came during this time as I had the privilege to come alongside those who had served. The most tough times were navigating the challenges of suicide and the repercussions thereof. To look into the eyes of someone that served and now feels hopeless is burdensome, yet I am humbled and honored to have served. We should all pray and give thanks daily to those who served and are serving, and their families.” A family friend and mentor, Gary Cotterill opened the banking door for Johnson. He grew up watching Cotterill, as a banker in his community and worked for him on his ranch, where he witnessed a lifestyle of service that impacted many others. Johnson tries to emulate the example that Cotterill lived by. The military shaped the way Johnson approached change, teaching him through experience to view change as an opportunity versus a problem. “Through my time in service, I learned the opportunistic approach yields much more fruit than the inverse,” Johnson said. “Military service shaped my decision-making process and outlook.” The banking profession has given Johnson the privilege to work with people, impact communities and change the trajectories of his surroundings in a positive way. To Johnson, few careers give one this privilege. “In the capacity of a community banker, we are able to share life, our faith (my hope in Jesus) and our future with friends and family,” Johnson said. J

18 Jan Oleen, Chief Executive Officer Farmers State Bank, Dwight an Oleen was born and raised in Dwight, Kansas, helping on his family farm, and after graduating from Dwight High School, he attended Bethany College in Lindsborg, Kansas. After he graduated from college in 1966 with his degree in business economics, he decided to enlist in the Air Force during the Vietnam War. He passed all the qualifications to be a pilot and was feeling good about it, but then had been called back in to get his sitting height test, which determines how tall the pilot is sitting in the pilot seat and apparently he was too tall to sit in the jet for flying. Finding this out, the Air Force then made him a weapons controller. “I didn’t know what that was; I thought maybe I stood at the door and passed out pistols,” Oleen said. “What that meant, though, was I was sitting behind a radar scope and controlled aircraft in the sky.” While Oleen was considering joining the Air Force, he had several other options, including being contacted by the Houston Oilers, Tennessee Titans and the Dallas Cowboys professional football teams to come and try out for them. But Oleen passed and decided to join the Air Force. Oleen left for training on Jan. 2, 1967; he spent a year at Naval Air Station Fallon. After completing his training, he deployed to where he spent 12 months in Japan on Okinoshima and Okinawa Islands. Upon his return to the U.S., he was assigned to Great Falls, Montana, where he spent the rest of his time in the Air Force. He felt his four-and-a-half years in the military were his best education because he had run across many things he had never experienced before. “The military is a good educational tool,” Oleen said. “It helped me, and I have no regrets that I served.” Once he left his service, Oleen left and went back home to work in his hometown bank, Farmers State Bank. His father had come to Dwight when he was 19 years old and said he’d work at the bank for nothing for a month if he could get a job. Once he had worked the month, he received the job at the bank and worked 76 years serving his customers and community. Oleen’s Air Force experience has helped his career in banking by helping in his decision-making. He holds the roles of many positions, such as a loan officer, the loan committee, and more. “You have to make tough decisions,” Oleen said. “People come in, and I may be sitting in the morning drinking coffee with them to get our community communications and then two hours later, we’re sitting here in the bank trying to make hard financial decisions. And I’ve decided that no decision is worse than the wrong one.” Oleen not only worked at the bank, which just celebrated its 100th anniversary, but he also ran his farm full time. He often had to run back and forth if cattle got loose or if he had to do errands on the farm. J

Pub. 11 2022 Issue 5 19 Desiree Perry, Senior IT Security Analyst Capitol Federal Savings Bank, Topeka Desiree Perry, Senior IT Security Analyst at Capitol Federal Savings Bank in Topeka, enlisted as an E2 in the Army in 2004 while living in Fayetteville, North Carolina. Desiree’s inspiration for joining the military included her family — her parents, uncles and some cousins had all served — but it was also a good civic duty. She went into the military intelligence field as an All-Source Intelligence Analyst, and her first duty station was in Seoul, South Korea. This job included taking all sorts of data to create a bigger picture for the commander. By the time she left Korea, she was an E4 Corporal stationed in Hawaii for seven years. Desiree was stationed in multiple areas, including Korea, Hawaii, the Philippines, Kuwait, and Fort Riley in Kansas. The highest rank Perry obtained was as an E6 Sergeant in 2010, and she had the opportunity of being a Platoon Sergeant and an Equal Opportunity Representative for over 200+ soldiers. “A lot of the temporary duties that I had to do, we went to a couple different countries, and it was always nice in my down time to travel and explore in that city or country where we were,” Desiree said. “So, I really tried to make a point no matter where I was to invest myself in the local restaurants and events that were going on. Anything that would expose me to their culture and especially food, everyone loves food.” Hawaii was a contender of all the places she had been, but Southeast Asia was one of Desiree’s favorite places. In their culture — family comes first — and she liked to see family come together and be there for each other. “I really like the family aspect,” Desiree said. “The other thing I learned was more relative to your work life — harmony. Like in Hawaii, they call that Hawaii Time, where they come and get the job done but also be respectful that other people need to take care of themselves with downtime.” After being on active duty for 12 years, Desiree decided to get out of the military and wanted to make way for herself. While she was running a business out of Manhattan and Topeka, a job opportunity from Capitol Federal came along for a Security IT Analyst. “Coming from a military background, it was a huge transition going into corporate,” Desiree said. “I definitely had to learn about some of the processes and actions that are unique to the banking industry and how that would affect the way I would do my job as a security analyst.” Desiree said that the military fast-tracked her in the soft and technical skills she needed for her position in banking, like creating presentations, commanding rooms of people or talking to large groups of people and conveying ideas in a concise manner. She has also enjoyed volunteering for her community with groups like Topeka Forge since November 2021, allowing opportunities to network with other young professionals, gain exposure to business and community leaders, develop personal branding, gain experience, and access to exclusive events. “Giving back to the community is something that I had been wanting to do for a really long time,” Desiree said. “I really appreciate being able to be creative and getting that feedback on different events that we put together and working with people in Topeka too.” Desiree felt that overall, the military has been a great stepping stone for her personally and professionally and has paved the way for what she is doing now and what she will do in the future. “If anyone is thinking about joining, if they can, then they should,” Desiree said. “I do feel like it’s a civic duty if you can join; I feel like you should.”