85% Agricultural over $500 million Rank 1 Name 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 United Bank of Iowa First Financial Bank Investors Community Bank American State Bank Iowa State Bank Independence Bank Bank Forward American Bank & Trust Dacotah Bank BankWest, Inc. First Farmers Bank & Trust Company Pilot Grove Savings Bank Choice Financial Group United Prairie Bank Plains Commerce Bank Frontier Bank First Bank of Berne GNB Bank Pinnacle Bank Stockman Bank of Montana City Ida Grove El Dorado Manitowoc Sioux Center Hull Havre Hannaford Aberdeen Pierre Converse Pilot Grove Fargo Hoven Omaha Berne State IA AR WI IA IA MT ND Wessington Springs SD SD SD IN IA ND Mountain Lake MN SD NE IN IA Grundy Center Lincoln Miles City NE MT Agricultural loans to total assets 57.12% 56.71% 49.40% 48.54% 41.38% 40.22% 39.78% 38.24% 37.32% 37.02% 36.75% 36.37% 35.72% 34.19% 33.37% 32.77% 31.86% 31.20% 22.80% 22.34% of Iowa's 55,875 square miles are used for agricultural production producers' liquidity positions have eroded from the levels they had just a few years ago. Asset values have remained strong in Iowa. Weigel: Land values are 15 percent to 20 percent off their highs, but prices are fi rm due to lack of land on the market. We have numerous small dairies in the area that are holding their own. Contract hog buildings are plentiful and have been good for the farmer cash fl ows. Cattle feeders are also abundant is this area. [Last year] was a diffi cult year, but 2017 has been much better. Crop yields were well above the fi ve-year average the past two years, which helped offset the high input costs. Rents must come down if yields come down. Agricultural under $500 million Rank 1 Name Community Bank 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Nebraska State Bank State Bank of Lismore The Bank Grant County State Bank Landmands Bank Security State Bank Bank of Lindsay Farmers and Merchants Bank Great Plains State Bank Peoples Savings Bank Farmers and Merchants Bank of Kendall First State Bank of North Dakota United Farmers State Bank Heartland State Bank Sibley State Bank Citizens State Bank Currie State Bank State Bank of Wheaton Logan State Bank IB: City Nevada Oshkosh Lismore Oberlin Carson Audubon Sutherland Lindsay Milligan Petersburg Elma Kendall Arthur Adams Redfield Sibley Wisner Currie Wheaton Logan 30 ICBA IndependentBanker July 2017 State IA NE MN KS ND IA IA NE NE NE IA WI ND MN SD IA NE MN MN IA Agricultural loans to total assets 79.56% 78.67% 74.27% 73.85% 72.15% 72.14% 71.99% 69.98% 69.87% 69.17% 67.79% 67.43% 66.69% 66.47% 65.94% 65.55% 65.52% 65.49% 65.28% 65.14% What is your growth strategy for the next 12 months? Rowland: Our plan has worked well for us over the last 108 years. We constantly listen to what our customer base needs and wants and when it's feasible try and fi ll that need. They know we are there for them in both the good and bad times. Bolte: We will continue to focus on strengthening our relationships with our existing customers by providing them with solid fi nancial advice and solutions while continuing to develop new relationships in our market area. Weigel: We expect loan growth to be good (5-8 percent) in 2017. Most of our farm customers fi nished second at many of the land auctions in recent years, and most are well positioned fi nancially to take advantage of growth opportunities over the next couple years. -S ara Schlueter