Manitowoc business news: Bank First marks $6.1M net income in Q4 - Herald Times Reporter

USA TODAY NETWORK-Wisconsin

Published 7:40 AM EST Jan 25, 2019

Manitowoc Bank First marks $6.1M in Q4 net income

Manitowoc-based Bank First National Corporation, holding company for Bank First, N.A., reported net income of $6.1 million, or 91 cents per share, for the fourth quarter of 2018, compared with net income of $3.3 million, or 50 cents per share, for the respective prior year period.

For the year ended Dec. 31, 2018, Bank First earned $25.5 million, or $3.81 per share, compared to $15.3 million, or $2.44 per share for the full year of 2017.

“I am very proud of our team at Bank First," said Mike Molepske, CEO and president of Bank First. "This past year represented a successful integration of our new western region offices along with significant improvements in the asset quality issues that were present when we acquired them in October 2017.

"Last year, Bank First also achieved a major milestone in becoming a fully public SEC registrant and up-listing our common stock on the NASDAQ exchange," Molepske added. "We are excited for the coming year as we continue to make significant investments in our legacy market communities and move towards the completion of our recently announced definitive agreement to add the Partnership Bank team to our organization.”

The corporation’s board of directors approved a quarterly cash dividend of 20 cents per common share, payable on April 8 to shareholders of record as of March 25.

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HFM Behavioral Health welcomes new providers

HFM Behavioral Health welcomes clinical psychologist Callie Schroeder, PsyD, and licensed professional counselor Amanda Taylor, MS, LPC.

Dr. Schroeder has more than five years of behavioral health experience working with diverse populations including veterans, adolescents and inmates at correctional institutions. She specializes in working with children and adults with mood and anxiety disorders, and individual and family therapy.

Dr. Schroeder earned her doctorate of clinical psychology and master of clinical psychology from the Wisconsin School of Professional Psychology in Milwaukee.

Taylor joins HFM Behavioral Health with nearly 10 years of experience working in the mental health field. She became a clinician because of her passion for working with people and being able to offer counseling to ease the struggles of others. She specializes in working with individuals with substance abuse, depression and anxiety disorders, and individual and couples’ therapy.

Her treatment approach is based on a biopsychosocial model, which takes into consideration not only psychological symptoms but also how biology and social-cultural factors impact a person’s mental health and wellness.

Taylor graduated with a master’s degree in counseling from the University of Wisconsin-Whitewater and received her bachelor’s degree in psychology from the University of Wisconsin-Madison.

Dr. Schroeder and Taylor are both seeing patients at HFM Behavioral Health, 339 Reed Ave., Manitowoc. To schedule an appointment with either provider, call 920-320-8600 or learn more at hfmhealth.org/behavioral-health.

Angie Kenneke named UnitedOne lending director

Angie Kenneke is taking on the new position of lending director at UnitedOne Credit Union.

She will be overseeing mortgage and business loan operations in the expanded role at UnitedOne, where she has worked since 1998.

The Reedsville native previously held the title of mortgage loan manager at the credit union and has nearly 30 years of mortgage lending experience.

Kenneke earned an associate's degree in supervisory management from Lakeshore Technical College and completed the Leadership Manitowoc County program.

Kenneke resides in the town of Collins and volunteers at the St. John-St. James Lutheran Church and Rockland Sunshine 4-H Club.

UnitedOne Credit Union has branches in Manitowoc and Sheboygan and is open to everyone living or working in Manitowoc, Sheboygan, Kewaunee and Door counties. The credit union serves consumers and small to mid-sized businesses. For more information, visit www.UnitedOne.org.

Lynn Paulson named December service award winner at Felician

Nurse Lynn Paulson has been named winner of the Service Excellence Star Award for the month of December at Manitowoc's Felician Village.

Her nomination stated: “Lynn has personal contact with all her residents each day. She assures their needs are met. Lynn treats family members with the same respect she shows her residents. I know Mom is receiving wonderful care when Lynn is supervising the CNAs.”

Each month, co-workers, residents, family members and visitors are encouraged to nominate an employee to be considered for the Service Excellence Star Award. The award subcommittee reviews the completed nomination forms monthly and a winner is selected.

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Investors Community Bank announces promotions

Manitowoc-based Investors Community Bank has announced the following promotions:

Will Deppiesse has been promoted to vice president — senior business banking officer. He joined ICB in 2016 and has 20 years of commercial lending and treasury management experience. Deppiesse is based out of ICB’s Appleton office.
Cheri Hagenow-Bos has been promoted to loan documentation specialist II. She has been with ICB since 2010 and has more than 20 years of banking experience. Hagenow-Bos is based out of ICB’s Manitowoc office.
Terrilynn Hastreiter has been promoted to ag — portfolio manager. She joined ICB in 2017 and has more than 10 years of agriculture and financial experience. Hastreiter is based out of ICB’s Manitowoc office.
Amy Kronforst has been promoted to loan operations specialist II. She has been with ICB since 2007 and has more than 20 years of banking experience. Kronforst is based out of ICB’s Manitowoc office.
Matt Lemke has been promoted to senior vice president — banking services. He joined ICB in 2016, bringing with him more than 15 years of bank management and finance experience. Lemke is based out of ICB’s Appleton office.
Tom Pennings has been promoted to vice president — senior business banking officer. He joined ICB along with the merger of The Business Bank in 2016 and has more than 20 years of banking experience. Pennings is based out of ICB’s Appleton office.
Renee Petersen has been promoted to assistant vice president — electronic banking manager. She joined ICB in 2018, bringing with her 25 years of experience in the financial industry. Petersen is based out of ICB’s Manitowoc office.
Sarah Peterson has been promoted to vice president — credit administration manager. She has been with ICB since 2016, starting as a portfolio manager and most recently as assistant vice president — business credit manager. Peterson is based out of ICB’s Manitowoc office.
Janet Rhein has been promoted to loan operations specialist II. She has been with ICB since 2007 and has more than 30 years of financial and customer service experience. Rhein is based out of ICB’s Manitowoc office.
Karl Spaay has taken on the role of business credit manager. He has been with ICB since 2018 and has more than nine years of credit and wealth management experience. Spaay is based out of ICB’s Stevens Point office.
Susan Van De Hey has been promoted to assistant vice president — loan operations manager. She joined ICB in 2018, bringing with her 25 years of financial/banking experience. Van De Hey is based out of ICB’s Manitowoc office.
Katy Wetenkamp has been promoted to loan operations specialist II. She joined ICB in 2006 and has more than 15 years of combined banking and office experience. Wetenkamp is based out of ICB’s Manitowoc office.