President, Chief Financial Officer and Mike Ricketson Executive Vice
President, Chief Administrative Officer.
As CFO, Powell will be responsible for analyzing and managing
financial-related activities of the growing bank. Ricketson, the former CFO,
will head human resources, compliance, audit, facilities and security in his
new role as CAO.
"As we continue to grow and acquire new banks, our organizational structure
will continue to evolve. With these changes, we are setting in place a
structure to manage a larger institution in a sound and profitable manner,"
Hamilton State Bank Chairman and CEO Robert Oliver said.
"Mike has held several important positions within Hamilton State Bank for a
number of years and will now be supervising several areas that have become
more and more critical as we've grown," Oliver said. "Jeff has extensive
experience as a CFO for a bank that acquired failed banks and a strong
background in loss share accounting and SEC reporting. Each is important to
our continued success."
Powell comes to Hamilton State Bank with more than 30 years of banking
experience. He most recently served as Executive Vice President and Chief
Accounting Officer for Iberia Bank in Lafayette, La.
Ricketson has worked in banking for 36 years and has been a key part of an
executive team that successfully completed repayment of Troubled Asset
Relief Program (TARP) funds back to the U.S. Treasury Department, added $231
million through the sale of its common stock, and led Hamilton State Bank
through its recent acquisitions of Bartow County Bank, McIntosh State Bank
and The First State Bank in Stockbridge.
To learn more about Hamilton State Bank visit www.hamiltonstatebank.com.
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