Hawthorn Bancshares, Inc. and Hawthorn Bank Announce Executive Changes
January 31, 2012 at 10:05 pm
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Effective January 30, 2012 Richard G. Rose retired as Chief Financial Officer of Hawthorn Bancshares, Inc. and as Chief Financial Officer of its subsidiary Hawthorn Bank. Mr. Rose will continue his employment with Hawthorn Bancshares and Hawthorn Bank to provide for an orderly transition. To fill the vacancy resulting from Mr. Rose's retirement, W. Bruce Phelps was appointed as Chief Financial Officer of Hawthorn Bancshares, Inc. and as Senior Vice President and Chief Financial Officer of Hawthorn Bank effective January 30, 2012. Prior to joining company, Mr. Phelps served as Senior Vice President and Controller of St. Louis-based Pulaski Financial Corp. and its savings bank subsidiary, Pulaski Bank from October 2009 until January 2012.
Hawthorn Bancshares, Inc. is a bank holding company. The Company's activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc. (Union), of the outstanding capital stock of Hawthorn Bank (the Bank). The Bank is a full-service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services, including commercial and industrial loans, single payment personal loans, installment loans and commercial and residential real estate loans. In addition, the Bank provides trust and brokerage services. The Bank has approximately 21 banking offices. Its subsidiaries include Jefferson City IHC, LLC, Hawthorn Real Estate, LLC, HB Realty, LLC, Exchange National Statutory Trust I, Exchange National Statutory Trust II and Hawthorn Risk Management, Inc.
HAWTHORN BANCSHARES, INC. 
