A banker with more than 20 years of experience in Franklin County will guide Ottawa-based Kansas State Bank as its new president.
Roger Maxwell, a Kansas State Bank executive, succeeds Daryl Flager as president. Joseph A. McLiney, chairman of the bank’s board of directors, announced Maxwell’s promotion earlier this week.
“Roger is a proven, successful leader in community banking,” McLiney said in a news release. “He possesses a wealth of knowledge and experience within the Ottawa market that will prove very beneficial to the bank. We will be relying on Roger to help guide the bank as it continues to grow over the coming years.”
Maxwell, a lifelong Ottawa resident, started with Kansas State Bank, 236 N. Main St., Ottawa, in February 1992 and spent 17 years at the bank, he said. He returned to Kansas State Bank as senior vice president and chief credit officer in February 2012, after serving as the chief lending officer at First National Bank of Louisburg’s loan production office in Ottawa, 101 S. Main St., since December 2009.
Maxwell earned an animal science degree with an option in business in 1985 from the Agriculture College at Kansas State University in Manhattan. He has served on the board of directors for the Kansas State Bank, First National Bank of Louisburg, Ottawa Coop Association, Ottawa Area Chamber of Commerce, Ottawa/Franklin County Economic Development (now known as the Franklin County Development Council) and the Franklin County Fair Board.
Flager and Maxwell returned to the bank early last year after a group of shareholders led by McLiney purchased Kansas State Bank for an undisclosed amount. McLiney family shareholders, who have had a stake in the bank since 1976, now own 100 percent of the bank. Flager has a long association with the bank and the McLiney family, having started his career at Kansas State Bank in 1971. He has worked at several banks in which the McLiney family has had an ownership stake, Maxwell said.
“Daryl has a 40-year association with the family,” Maxwell said. “He will continue to serve on the bank’s board of directors and loan committee, as well as work in the lending department and help with business development. We look forward to continuing to benefit from the good advice Daryl has provided for many years.”
Maxwell said Thursday he was honored by the promotion and is looking forward to continuing to serve the community.
“I am delighted to accept the position as president, and I look forward to working with a terrific staff to continue the tradition of providing outstanding service to the community,” he said.
Kansas State Bank, founded in 1917, has more than $100 million in assets and was awarded the Bauer Five Star rank as one of America’s strongest banks, a bank news release said. The bank has two facilities in Ottawa and one in Baldwin City.