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Holewinski, 40, is the son-in-law of Dickinson Financial ChairwomanAnn Dickinson. He previously served as senior executive vice president and a member of the boarfd for DickinsonFinancial Corp. Holewinsku joined the bank in 1997 as a vice president and became executive vice president of commercia l bankingin 2003. He also has experience as a lawyer in the mergers and acquisitionzs and corporate finance practices groupsof . “Paul will be an outstandingt leader ofthe bank,” Smalley said in a “I have worked with him for 10 I have played a role in training him, and I believ e he is the right person to lead the organization.
The bankingg business is more challenging today than and he understands both the past and what is needecd for the future success ofthis business.” Smallet joined Bank Midwest in becoming CEO in 1997. During Smalley’s Bank Midwest’s assets grew from abour $500 million to $4.3 billion as of Marcjh 31. Smalley is a former Class A director ofthe , servingg six years until his second term endedr on Dec. 31. Bank Midwest also said Tuesday that Daniel Dickinson was named as senior executive vice presidentt and chieflending officer, overseeing all the bank’s lendinyg operations “on an interim basis.
” Dickinson, the son of Ann formerly served as executive vice president of commercial real estatr at Bank Midwest. He succeeds Rand y Nay, “who has left the bank,” the company said in the “We’ve got two very experienced, well-trained and well-qualified memberse of the family who owns the stepping up during some challengingytimes for, really, the entire industry,” John Cox, generak counsel for Dickinson Financial, said in an “They are just taking on more responsibility and more prominent leadershi p roles.
” In the past three years, Dickinson Financial made bank acquisitionsa in Florida, Arizona and Southern California, while Bank Midwest set up loan-productiob operations in the same These now are some of the aread hit hardest by reductions in house values. Bank Midwes lost $39.5 million in the first quarter, which ended Marcn 31, and $14.2 million in the fourth quarter, whicb ended Dec. 31. It had $14.5 millioh in assets past due at least 90 days as ofMarchj 31, up 302.1 percent from $3.6 million as of Dec. 31.
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