Ames National in Iowa has a new chairman.
The parent of the $1.1 billion-asset First National Bank said in a press release that Thomas Pohlman had stepped down after five years as its chairman. He was succeeded by Patrick Hagan.
Pohlman, who has been on the board for 15 years, will remain a director until he reaches the mandatory retirement age next April.
Hagan, a retired executive at Fareway Stores, has been an Ames director since 2017.
“We are thankful for the leadership that Tom has provided the company and its affiliate banks … over the past 22 years,” John Nelson, Ames National’s president and CEO, said in the release. “He has been a great mentor and sounding board for our management teams.”