Farmers State Bank of Hamel (FSBOH) was opened in 1919 by Harry Dorweiler, with the help of his brother L.C. Dorweiler, after Harry suffered 2 farming accidents and could not continue farming. FSBOH has been owned and operated as a truly independent community bank by the Dorweiler family ever since.
SUB-PRIME LENDING: FSBOH does NOT make “subprime” loans, and never has. As a matter of fact, virtually no true community banks have been making subprime loans.
CAPITAL AND EQUITY: As of the 12-31-09 FDIC reports, FSBOH shows over $9.5 million in Capital. Our Capital Ratio exceeds 12.5%, with 6% being an acceptable level.
PROFITABILITY: We have grown and thrived through the Depression, the stock market crash, the farm crisis, a number of recessions and countless numbers of inevitable economic downturns including the current global crisis.
EXPERIENCE: We are not the new kids on the block in the banking business. Here is just a sampling of the experience and stability of our staff:
CHIEF EXECUTIVE OFFICER D.J. (Shorty) Dorweiler: Grew up in the banking business, working side by side for over 45 years with his Grandfather, Father and Uncle. These mentors shared their hands-on experience of how to work your way through challenges.
PRESIDENT RICK TRAUT: 27+ years with FSBOH and 36+ years of banking experience
VP DATA PROCESSING TRACY NELSON: 26+ years with FSBOH
AVP CORCORAN BRANCH MANAGER DENISE HAECHREL: 21+ years with FSBOH
ASS’T CORCORAN BRANCH MANAGER NANCY BURANDT: 22+ years with FSBOH
Our Board of Directors consists of 10 members with diverse backgrounds including a former bank examiner, business owners, computer systems specialist, community relations specialist, and accountants.
