The Hancock-Henderson Quill, Inc.



Bank Of Stronghurst Stockholders Enjoy Annual Dinner Meeting

The Bank of Stronghurst held its Annual Stockholder’s meeting Tuesday, January 22, 2013, at St. Patrick Community Center, near Raritan. 

Approximately 79 stockholders and guests attended the 12:30 p.m. luncheon buffet and meeting.

Charles E. Vaughn, President and C.E.O., led the stockholders and guests in the Pledge of Allegiance.  The invocation was given by Stacie Newberry.

At approximately 1:31 p.m. the meeting was opened by George Hennenfent, Chairman. Robert Dillon and Sidney Dowell served as Judges. Stacie Newberry was Secretary.

The chairman called on Rodney Brake, Executive Vice President and Cashier, for his financial report. 

Mr. Brake reported that the Bank of Stronghurst had substantial growth in 2012.  He went on to discuss the highlights of 2012.  In closing, he stated that with our strong capital position, continued conservative banking philosophy and loyal customers and stockholders, the Bank of Stronghurst looks forward to another year of profitability and growth.

Chairman Hennenfent then called on Jerry Keimig, Sr. Vice President and Farm Loan Officer, to report on the Bank’s loan portfolio.  Mr. Keimig gave a breakdown of the loan categories.  He closed his report by stating that we have four locations to serve the public and we will continue to work hard to serve our present customers and to attract new customers.

Each stockholder was given a copy of the minutes of last year’s meeting and a motion was made by Bonnie Hensley and seconded by Jean Steck to accept the 2012 stockholder minutes as presented which unanimously carried.

Judges for the meeting, Robert Dillon and Sidney Dowell, reported 2,381 shares of stock represented in person and 2,653 shares represented by proxy, making a total of 5,034 shares represented.  Chairman George Hennenfent then declared a quorum present for the transaction of business.     

Chairman Hennenfent called for the Election of Directors for the coming year.  A motion was made by Robert Dillon and seconded by Jay Stevenson, that the present Directors be nominated for the coming year and that a unanimous ballot be cast to elect the nominees which unanimously carried.

Directors for the coming year will be:

George Hennenfent

Charles E. Neff

Kenneth Nimrick

W. William Waddill

Charles E. Vaughn

Rodney Brake

Byron Burg

Chairman Hennenfent called on Stacie Newberry to conduct a drawing for door prizes. 

Winners of the drawing were as follows:

Fresh Floral Centerpieces:

Beryl Sparrow

Christel Covert

Gene Hobby

2012 US Mint Proof Coin Sets

William Sly

Carol Myers

Bank of Stronghurst Tool Kits  Jim Blender

Don Anguish

Gift Basket of Specialty Items   Mary Margaret Day

 

Chairman Hennenfent asked for a motion to adjourn the meeting.  A motion was made by Jean Steck and seconded by Sammy Blender to adjourn which unanimously carried and the 2013 meeting of the stockholders of Bank of Stronghurst was adjourned.

Following the Annual Stockholder’s meeting, Tuesday, January 22, 2013, the newly elected Board of Directors of the Bank of Stronghurst met at the bank for the Organizational Meeting. Josh DeSotel was promoted to Assistant Vice President. The Officers for 2013 were appointed as follows:

George Hennenfent,

Chairman of the Board

Charles E. Vaughn,

President and C.E.O.

Jerry Keimig,

Senior Vice President and

Farm Loan Officer

Rodney Brake, Executive

Vice President & Cashier

Shawn McKoon,

Vice President

Stacie Newberry,

Vice President

Josh DeSotel,

Assistant Vice President

--Minutes submitted

by Stacie Newberry

Secretary of the Board