Five join Dickinson bank group to fill senior posts [The Kansas City Star, Mo.]

Dec. 13--Dickinson Financial Corp., which owns Armed Forces Bank in Leavenworth and four other banks, has added five senior officers from outside the $2.5 billionKansas City-based banking company.

CEO Paul Holewinski said the appointments, made throughout the year, have bolstered the company's management.

"We're pleased with our progress this year in building out that team and bringing renewed focus to the company," Holewinski said.

The appointments bring to the group a new chief operating officer and chief credit officer, as well as new heads of loan review and of residential and consumer lending.

The Dickinson bank group had owned Bank Midwest until a year ago, when it sold its flagship member to a Boston investor group. In the transaction, Armed Forces Bank assumed many of the troubled loans and foreclosed properties that had been part of Bank Midwest.

Armed Forces Bank grew to become a $2 billion bank at the end of September, the most recent financial information available from the Federal Deposit Insurance Corp.

As a result of the Bank Midwest transaction, more than 40 percent of Armed Forces' loans are noncurrent by the FDIC's definition. But the bank has substantial amounts of capital and posted a $7.3 million profit during the first nine months of the year, the bank's financial report showed.

Dickinson's other banks are based in Colorado Springs, San Diego, Tampa and Phoenix.

The banking company said Tom Kientz had joined in July as executive vice president and chief operating officer, which puts him over all five banks' residential and consumer lending, deposit operations, compliance and human resources, and the company data and call centers.

James Miller joined last January as executive vice president and chief credit officer, assuming oversight of credit and commercial lending activities at the banks. Miller is a former bank examiner.

Jerry Nail joined Dickinson in May as senior vice president and loan review manager, managing that work for the five banks. He most recently had been with the FDIC in Jacksonville, Fla.

Scott Jashinski joined in September as senior vice president and retail products manager. Shawn Turner joined in October as senior vice president and head of residential and consumer lending.

To reach Mark Davis, call 816-234-4372 or send email to [email protected].

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