CONNECTIONS TRAILBLAZER Quick off the mark Moultrie Bank & Trust opened in 2022 outside of a large metropolitan area and already has more than 400 investors and $21 million in capital. Here's how they did it. By Bridget McCrea Name: Moultrie Bank and Trust Assets: $86.7 million Location: Moultrie, Ga. t's been just over a year since Moultrie Bank & Trust opened its doors in Moultrie, Ga., and the community bank is already accomplishing its goals, increasing its reach and having a positive impact on the rural community that it serves. I Since opening in May 2022, the bank has accumulated about $69 million in deposits and sits at $86.7 million in total assets. " We're in a very agricultural area, so our deposit levels fluctuate based on the seasonal cash inflows and outflows, " says president and CEO Donna S. Lott, who was hired in April 2021. Shortly after Lott came on board, the community bank was off to a running start. It sold about $21 million worth of stock-more than the recommended $20 million for a de novo-and attracted 486 Top: MB&T purchased a student's hog at a hog and cattle sale. Bottom: The community bank sponsored its community's girls' softball team for the 2023 season. 68 // ICBA Independent Banker // November 2023