Remove 2009 Remove Community Bank Remove Leadership Remove Taxes
article thumbnail

The Thinker

Independent Banker

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. “I Many can trace their ownership to the bank’s founding in 1905.

Ohio 70
article thumbnail

The 2018 GonzoBanker Awards

Gonzobanker

Goes to the always-sharp Mitch Feiger and the team at MB Financial for the bank’s sale to Fifth Third at a 24% premium to market price in May. Timing is everything, and Feiger knew that after tripling the stock price since the 2009 downturn, it was time to get the shareholders a solid payback. Bank Purchase of the Year.

Fintech 105