The Annual Shareholder meeting was held at the Quail Creek Golf and Country Club on Friday, March 24th, where we announced the newly elected members of Bankers Bancorp Board of Directors, Chris Rector and John Robin. Get to know them below! Chris Rector CLO, Regional President Firstar Bank | Tulsa, OK Chris Rector is the Chief Lending Officer and Regional President for Firstar Bank based in Sallisaw, Oklahoma. He also sits on Firstar’s board and has been a shareholder since 2

Malinda Rickel and I just returned from the annual NACHA conference. We have not attended for the last couple of years, so this one felt like it was bigger and better than any other. While the focus was certainly on Faster Payments, there were a variety of sessions to keep us busy! And you will be delighted to learn the ACH network is still alive and well and growing. In 2022, there were 30 billion ACH transactions totaling $76.7 trillion. Possibilities for ACH in the future

Each year The Bankers Bank sends a handful of employees to the Oklahoma Bankers Association Annual Convention. The event is always chock-full of education and camaraderie, but this year was extra special for a few select staff members. Kas Stewart, Amanda Martin and Courtney McDaniel were all recognized for their hard work and success in banking and they took some fancy hardware home with them! TBB is very proud to have them on the team. We know our customers appreciate them

FedNow moves closer to implementation every day and The Bankers Bank continues to participate in testing and preparation. Here are some things we know: FedNow is a new and innovative product that could provide a competitive advantage and create a new revenue source for your financial institution. Your financial institution can participate directly with the Federal Reserve or through your existing correspondent relationship with The Bankers Bank. FedNow is a good funds model w

As we welcome 2023, I am first happy to report that 2022 was another incredible year for TBB and our subsidiaries, BPSI and FIT. At the Bank, our net income was over $3,000,000 and our ROA was 1.46% (compared to less than 1.0% by our peer group). It was one of the best years in the bank’s history. As a quasi co-op, we are excited to be able to turn these profits into dividends to our shareholders as well as use towards research and development to give our customer banks the t

Much has been written about the staggering level of unrealized losses in community bank securities portfolios triggered by the rapid rise in interest rates in 2022. Tangible capital ratios fell to low single digits or even negative due to these losses being recorded in the banks’ capital accounts as “other comprehensive income” (bypassing the income statement). At the end of the third quarter 2022, the average loss, as a percentage of the investment portfolio book value, was